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    OFF-MARKET
    Retail properties & Spaces

    0 Rio Limpio Ln, Nokomis, FL 34275

    1.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.93-acre parcel of land presents a unique investment opportunity in the rapidly expanding south Sarasota County, Florida. Located on Rio Limpio Lane in Laurel, near the intersection of State Road 681 and US 41, this property enjoys a highly visible position at the entrance to the Legacy Trail Community, just south of Palmer Ranch. The site benefits from its proximity to a substantial existing residential population, exceeding 15,000 residents within a trade area encompassing over 6,000 dwelling units. This area is experiencing significant residential growth, creating a strong demand for retail, medical, and office spaces. The property's size and location make it ideally suited for a variety of commercial developments, catering to the needs of the thriving community. The lot size offers flexibility in design and development, allowing for a substantial project. This is a rare chance to acquire land in a high-growth area with excellent visibility and access to a large consumer base. The property is zoned for retail development, making it an attractive option for investors seeking to capitalize on the area's burgeoning commercial sector. The land is also suitable for medical or office development, offering diverse investment possibilities. This prime location offers exceptional potential for long-term growth and return on investment. The property's address is 0 Rio Limpio Lane, Laurel, FL 34275, within Sarasota County. The lot size ranges from 1.12 to 6.93 acres.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.12 ac (48,787 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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