Listed by CRE Consultants
$295,000
0.33± Acre Outparcel on Pine Island Road
Details
APN 34-43-24-00-00001.0010
Property Type Land
Sub Type Agricultural, Commercial
Broker Co-Op Yes
Acreage 0.330
Zoning AG-2
Prime location within Merchant’s Crossing Shopping Center with high visibility on Pine Island Road
Marketing description
This 0.33-acre outparcel is strategically positioned within Merchant’s Crossing Shopping Center. Located between Popeyes and a new Chase Bank branch just off the hard corner of Pine Island Road and US 41. Currently zoned AG-2, the property falls within the Central Urban future land use designation, which supports commercial and mixed-use development. The seller will consider an offer subject to zoning approval. The area is experiencing significant apartment growth, with 283 units recently completed at The Alary at Merchant’s Crossing and an additional 723 units under construction within 2 miles.
Investment highlights
- Prime location within merchant’s crossing shopping center with high visibility on pine island road near us 41
- AG-2 zoning with central urban future land use, allowing for potential commercial or mixed-use development
- Access via reverse frontage road
- High-growth area with 139,000+ residents, a strong workforce, and expanding demand
- Chase purchased the outparcel next to the subject for $50± psf in 2/2024
Listing Contacts
Listed by CRE Consultants
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