NORTH PORT MIXED USE SITE
Land lease, build to suit, raw land and pad ready options for commercial retail and/or flex/office
Marketing description
Located at 1201 South Toledo Blade Boulevard in North Port, Florida, this parcel is ideally situated in one for the largest growth markets in the United States. 106 multifamily units will be developed on the back 10 acres of this parcel, making the front 8 acres of the parcel ideal for commercial/retail development. The asking price is reflective of the asking price per acre for the retail frontage, however, the seller is open to a land lease, build to suit and/or offers on the raw land, as is.
North Port has experienced a population growth greater than 270% since the year 2000 and is expected to experience even further explosive growth with current trends showing over 1,000 people moving to Florida every day. Median household incomes are up nearly 115% while property values have increased almost 350% since 2000. North Port is primed to see continued growth in all areas of the local economy which will certainly benefit the Subject Property.
Investment highlights
• Proximity to Major Transportation Hubs: North Port is strategically located near I-75, providing easy access to major cities like Tampa and Fort Myers, as well as Sarasota-Bradenton International Airport. This connectivity makes the site attractive for businesses requiring efficient logistics and transportation routes.
• Thriving Local Economy: Sarasota County boasts a diverse economy with strong sectors in healthcare, manufacturing, and retail. The region’s commitment to business-friendly policies and infrastructure improvements continues to attract both national and international companies.
• Strong Workforce Availability: North Port and the surrounding areas benefit from a growing and skilled workforce, supported by the presence of quality educational institutions and vocational training centers. This ensures businesses will have access to a reliable talent pool.
• Quality of Life and Community Appeal: North Port is not only an economic hub but also a community-focused city with excellent amenities, including parks, schools, and recreational facilities. The high quality of life attracts both residents and businesses, contributing to the area’s ongoing growth.
• Excellent Commercial/Retail Development Opportunities: The parcel offers unparalleled flexibility for retailers and businesses. The back 10 acres will be developed into 106 multifamily units, making the front 8 acres ideal for end users. Options for purchase, build-to-suit, and land leases are available, catering to a wide range of business needs.
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