|Price/Rent PSF||$ 350,000.00|
Located in the heart of the largest and fastest growing city in Sarasota County, this property location boasts average daily traffic counts in excess of 10,000 cars per day and is just north of US-41/Tamiami Trail which sees an average daily traffic count greater than 30,000. Located adjacent to a dense residential area of North Port, these parcels have endless potential. With residential and commercial devleopers continuing to flock to the City of North Port, growth rates over 3% are expected to be the norm for the forseeable future.
The combination of an ideal location, flexible zoning use and a need for multiple types of development in this area make this property very attractive. Zoned OPI(Office, Professional and Insititutional District) this property permits both small and large-scale office, institutional, cultural, and allied uses along with residential use, including upper story residential dwelling units, in order to promote live-work and mixed use opportunities within the area. The growth projections of this location should allow this property to experience overall value growth while producing income from the type of structure that is developed.