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    Property profile & analytics

    SR-70 & Crk 675 Myakka City, FL 34251

    • Land
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for SR-70 & Crk 675

    Lot size
    1.50 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This 1.5-acre parcel in Myakka City, Florida, presents a compelling development opportunity. Located at the high-traffic intersection of SR-70 and CR-675 in Manatee County, this property boasts exceptional visibility and accessibility. Currently zoned for agriculture, it permits various commercial uses supporting the agricultural community, including offices, veterinary clinics, and retail establishments. A nearby lot's PD-C zoning suggests strong potential for rezoning this site to commercial, opening doors to a wider range of uses such as drive-thrus, restaurants, and retail stores. Preliminary site plans for suitable uses are available. The property benefits from a significant road widening and development project along SR-70, scheduled for the second half of 2024, which includes expanding SR-70 to four lanes and constructing a roundabout at the property's corner. This roundabout will enhance visibility and accessibility, transforming the site into a highly desirable "hard corner" location. The demolition of the westbound SR-70 to northbound CR-675 off-ramp further strengthens this advantage. There's potential to acquire additional land from the vacated roadway right-of-way. Manatee County's robust population growth, exceeding the state average, fuels the demand for development in this rapidly expanding area. The property's location near the expanding Lakewood Ranch community and the projected increase in traffic to nearly 33,000 cars daily underscore its investment potential. The asking price is $750,000, and the APN is 333702009.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Myakka City
    County
    Manatee
    State
    Florida
    Longitude
    -82.3037
    Latitude
    27.3993

    Comparable in this City

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      600.00 Acres

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      1,988.86 Acres

      38651 State Rd 64th E

      MINING, MINERAL, QUARRIES • 12,000 SF
      38651 State Rd 64th E, Myakka City, FL 34251-8979
      View Details

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    Myakka City, FL 34251
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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