1415 10th E St Palmetto, FL 34221-4278

This exceptional 6.25-acre commercial land parcel presents a remarkable investment opportunity in Palmetto, Florida. Located at 1415 10th St E, 34221, this property boasts a highly desirable location on US Highway 301 (10th Street E), directly across from Detwiler's Farm Market and fronting the entrance to Sanctuary Cove, a prestigious waterfront community. The site benefits from a strategic position between US Highway 41 and I-75, ensuring excellent accessibility and high visibility. With a PD-MU zoning designation, the property allows for up to 160,000 square feet of commercial or retail development. A traffic light at the intersection of Sanctuary Cove Way and US Highway 301 enhances visibility and accessibility, making it particularly attractive for retail and medical users. The land offers a significant advantage with approximately 40,000 vehicles passing daily on US Highway 301. The asking price is $6,000,000, translating to $23 per square foot. This prime location, coupled with its zoning and accessibility, makes this a truly exceptional opportunity for developers seeking a high-impact commercial project in a thriving Florida market. The property is net of retention, and the land size ranges from 1.2 to 6.25 acres. Sanctuary Cove homes range in price from $550,000 to $3,000,000.