1120 Creighton Crk Ln #5 North Port, FL 34288
- Land
Current Use by Public Records
- Land
Property Details for 1120 Creighton Crk Ln #5
- Property type
- Land
Description
This exceptional 2.5-acre commercial land parcel in North Port, Florida, presents a remarkable investment opportunity. Located at 1120 Creighton Creek Ln #5 and 6, Sarasota County, 34288, this property boasts an ideal location adjacent to a Publix-anchored shopping center, surrounded by thriving retail and new residential developments. The site offers significant development potential for various uses, including retail, medical, restaurant, or hotel establishments. Two parcels comprise the total acreage, providing ample space for a substantial project. The area is experiencing significant growth, with 185 approved multi-family units adjacent to the south, 224 fully leased apartments across the street, and a newly opened Firestone Auto Care and a WaWa under construction nearby. Further fueling this growth are an additional 264 approved units to the south, 126 currently leasing units at Price and Citizens, and 136 age-related units under construction on Citizens. The property benefits from existing infrastructure and Activity Center 5 zoning. A stormwater pond is located directly behind the parcel, and there are no known wetlands on the site. This prime location and robust surrounding development make this a highly attractive investment opportunity with significant upside potential. The asking price is $1,750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Port
- County
- Sarasota
- State
- Florida
- Longitude
- -82.1592
- Latitude
- 27.0641
