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120 E Dearborn St - Commercial Development Site in Englewood 8.61 Acres of Commercial Land Offered at $4,000,000 in Englewood, FL 34223
Investment Highlights
- Conceptual plans for a senior living campus
- Approximately 120 assisted living and memory care beds
- More than 8,000 SF of supporting commercial space
- Prime location near E Dearborn Street and S Indiana Avenue
- Approximately 80 independent living units
Executive Summary
Zoned CG with EBD Overlay
Prime location near E Dearborn Street and S Indiana Avenue
Conceptual plans for a senior living campus
Approximately 80 independent living units
Approximately 120 assisted living and memory care beds
More than 8,000 SF of supporting commercial space
Site plan concepts available upon request
Property Facts
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 8.61 AC |
| Price Per AC | $464,608.45 |
| Price | $4,000,000 |
| Price Per AC | $464,608.45 |
| Lot Size | 8.61 AC |
±8.61 acres of CG-zoned land for sale in Englewood, FL, with conceptual plans for a senior living campus and supporting commercial space.
Description
American Property Group of Sarasota, Inc. presents 120 E Dearborn St, Englewood, FL Property Type: Commercial Land for Sale Property Size: ±375,026 SF (±8.61 Acres) This ±8.61-acre development site offers a rare opportunity in the heart of Englewood, strategically positioned along E Dearborn Street near S Indiana Avenue. Zoned CG (Commercial General) with the Englewood Business District (EBD) Overlay, the property provides flexibility for a variety of commercial and mixed-use development possibilities. Conceptual plans have been prepared for a senior living campus featuring approximately 80 independent living units, approximately 120 assisted living and memory care beds, and more than 8,000 SF of supporting commercial space. These concepts offer a strong starting point for developers seeking to serve the area’s growing senior population. The property is conveniently located near shopping, dining, healthcare, and recreational amenities, with easy access to Englewood’s coastal attractions. Site plan concepts are available upon request.
Property Taxes
| Parcel Number | 0853-04-0002 | Improvements Assessment | $0 |
| Land Assessment | $1,806,500 | Total Assessment | $1,806,500 |
Property Taxes
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120 E Dearborn St - Commercial Development Site in Englewood
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