Property summary
This exceptional 7.61-acre industrial property in Palmetto, Florida, offers unparalleled commercial potential. Boasting 333,000 square feet and approximately 610 feet of direct frontage on US Highway 41 North, this site benefits from exceptional visibility and accessibility. Located just 2.4 miles from the I-75 and I-275 intersection and a mere 0.5 miles from I-275 exit #2, this location provides seamless connectivity to major transportation arteries. The property is already zoned PD-I, allowing for a wide range of commercial uses. High traffic counts are a significant advantage, with Florida Department of Transportation reporting an average daily traffic count of 33,000 vehicles on US Highway 41 North in 2021. The property's strategic location, only 20 miles from both St. Petersburg and Sarasota's vibrant downtowns and 17 miles from Sarasota-Bradenton International Airport, further enhances its appeal. This prime location is within a rapidly growing area, experiencing significant commercial development along the bustling I-75 corridor. The seller is open to considering the division of the property, with approximately 2.5 acres of outparcels available along US Highway 41 North. This presents a unique opportunity for investors and developers seeking a high-impact commercial investment in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
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Post Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PD-I · Palmetto, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for PD-I in Palmetto, FL.
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