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- LoopNet Team
8751 Fruitville Rd
Sarasota, FL 34240
Land For Sale
·
11.00 AC

Investment Highlights
- OUR Zoning Use
- Drainage infrastructure in place
- Entitlements can be calculated on 22 acre parcel
- Possible owner financing
- Near rapidly growing Lakewood Ranch & Waterside Place
- Possible 600 parking spaces could be used by buyer
Property Facts
| Property Type | Land | Total Lot Size | 11.00 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Schools | ||
| Zoning | OUR - Open use rural | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Schools |
| Total Lot Size | 11.00 AC |
| No. Stories | 1 |
| Zoning | OUR - Open use rural |
Description
11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property and the Commercial and Light Industrial Overlay for Fruitville Rd allows for very versatile development opportunities. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.
Property Taxes
| Parcel Number | 0221-01-3316 | Improvements Assessment | $5,916,900 |
| Land Assessment | $2,036,600 | Total Assessment | $7,953,500 |
Property Taxes
Listing ID: 27157087
Date on Market: 11/19/2022
Last Updated:
Address: 8751 Fruitville Rd, Sarasota, FL 34240
The North Sarasota Land Property at 8751 Fruitville Rd, Sarasota, FL 34240 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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