Log In/Sign Up
Your email has been sent.
8893 Fruitville Rd 24.01 Acres of Commercial Land Offered at $10,495,000 in Sarasota, FL 34240
INVESTMENT HIGHLIGHTS
- 24-acre business park redevelopment site located in an area of exceptional growth and development in Sarasota.
- Existing Business Park Zoning Overlay provides flexibility, allowing for a multitude of uses, including industrial and commercial.
- Not designated for multifamily or residential development.
- Near the Lorraine Road southbound extension project, 8893 Fruitville Road offers strategic positioning for investors.
- Site is one of the largest remaining parcels along Fruitville Road, one of the main corridors leading to Downtown Sarasota
EXECUTIVE SUMMARY
8893 Fruitville Road is a 24.01-acre parcel that offers a prime development opportunity in one of Sarasota's fastest-growing areas. Positioned along one of the city's new major east-west thoroughfares, Fruitville Road, this site boasts roughly 820 feet of frontage and 4.7 acres directly accessible from the road.
The Business Park Zoning Overlay enhances its appeal, permitting a wide range of industrial and commercial uses to accommodate various business needs. The property, one of the largest remaining parcels on Fruitville Road, is strategically situated in the development path near the Lorraine Road southbound extension project. This location benefits from its proximity just six minutes from Interstate 75 and is surrounded by commercial and industrial developments, including retail centers, restaurants, and warehouses. Currently home to a multi-purpose center with four wings, offices, a gym, childcare, auditorium, and breezeway, and a separate single-family residence, the land is poised for substantial growth as Sarasota/Bradenton emerges as one of the fastest-growing metropolitan areas in the nation.
The ongoing influx of homeowners and businesses to Florida further underscores the increasing demand for commercial and light industrial space. The property's location along the Gulf Coast also ensures excellent connectivity to major cities such as Tampa, St. Petersburg, and Clearwater, making it an ideal investment for future-oriented businesses.
The Business Park Zoning Overlay enhances its appeal, permitting a wide range of industrial and commercial uses to accommodate various business needs. The property, one of the largest remaining parcels on Fruitville Road, is strategically situated in the development path near the Lorraine Road southbound extension project. This location benefits from its proximity just six minutes from Interstate 75 and is surrounded by commercial and industrial developments, including retail centers, restaurants, and warehouses. Currently home to a multi-purpose center with four wings, offices, a gym, childcare, auditorium, and breezeway, and a separate single-family residence, the land is poised for substantial growth as Sarasota/Bradenton emerges as one of the fastest-growing metropolitan areas in the nation.
The ongoing influx of homeowners and businesses to Florida further underscores the increasing demand for commercial and light industrial space. The property's location along the Gulf Coast also ensures excellent connectivity to major cities such as Tampa, St. Petersburg, and Clearwater, making it an ideal investment for future-oriented businesses.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $10,495,000 | Lot Size | 24.01 AC |
| Price Per AC | $437,109.54 |
| Price | $10,495,000 |
| Price Per AC | $437,109.54 |
| Lot Size | 24.01 AC |
Situated in an area of rapid growth near Interstate 75 and a key east-west route, the property falls under Sarasota County's Business Park Rezoning overlay, offering the potential for zoning changes to accommodate a variety of uses.
PROPERTY TAXES
| Parcel Number | 0221-01-3305 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,957,170 |
PROPERTY TAXES
Parcel Number
0221-01-3305
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,957,170
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
8893 Fruitville Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.