Laurel Road Land Assemblage
Listing was updated at: 08/19/2019
Property Overview
Price/Rent PSF Inquire
Asset Type Land
Trade Type Sale
Acres Available 69.59
Date Available 08/19/2019
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Located just off the Laurel Road (Exit 195 - CR 762) Interchange, the site is adjacent to the location of the recently broken ground Sarasota Memorial Hospital. Further, there is a new development from a Regional Builder and a planned apartment complex in the immediate area. With the addition of the new hospital and the existing PGT and Tervis Tumbler location, this interchange hosts 3 of the regions largest employers. Further, the proximity to the interchange allows for excellent highway access to Southwest Florida including Sarasota and North Port.

Unique Multi-Family and Commercial Development Opportunity in a high growth area of Sarasota County. The Subject Property consists of 14 parcels totalling 69.59 acres that can be acquired in bulk or in parts. Some of the assembled property is part of an annex agreement to the City of Venice and some remains in Sarasota County. The highest and best use of the property appears to seek entitlement for multi-family and/or commercial development. In addition to the Sarasota Memorial Hospital location, significant recent development has been built and more is in the planning process. In the natural path of growth, the site provides an opportunity to fill the demand for development in the area.