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    OFF-MARKET
    Land

    0 Rio Limpio Ln, Nokomis, FL 34275

    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial land parcel, located at 0 Rio Limpio Lane in Sarasota County, presents a unique investment opportunity. Situated on the east side of State Road 681, just north of US 41, this property benefits from its strategic location at the entrance to the rapidly growing Legacy Trail Community, south of Palmer Ranch. The site offers flexible land options ranging from 1.12 to 5.74 acres, allowing for adaptable development plans to suit various needs. The surrounding area is experiencing significant residential expansion, with over 6,000 existing dwelling units and a population exceeding 15,000 residents, creating a robust and expanding market for commercial ventures. This high-demand location makes it ideal for retail, medical, or office development, providing excellent potential for strong returns on investment. The property's accessibility and proximity to major roadways ensure high visibility and convenient access for customers and employees. This is a rare chance to acquire land in a thriving area poised for continued growth, offering a compelling opportunity for long-term success. The property is zoned for commercial use and is available for purchase or ground lease. Detailed zoning information and development guidelines are available upon request.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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