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E Hillsborough Blvd - Residential Development Opportunity! 17.56 Acres of Commercial Land Offered at $1,450,000 in North Port, FL 34288
Investment Highlights
- The average household income in 5 mile radius is $71,184
Executive Summary
The subject property is a total of 764,913 square feet. This 17.56-acre parcel is located in the growing city of North Port, FL. The parcel sits directly on E Hillsborough Blvd. The property is zoned Residential, Single Family (RSF2). The property has water frontage on the creek. The zoning allows for 3.5 homes per acre or a total of 61 home sites.
The Property is located near the busy corridor of I-75 & Toledo Blade Blvd and busy Tamiami Trail. The surrounding area has seen a significant amount of new development including several new apartment buildings, office buildings, and retail space. The continued development of residential single-family homes to the east and north of the subject site will increase the value of the site.
The Property is located near the busy corridor of I-75 & Toledo Blade Blvd and busy Tamiami Trail. The surrounding area has seen a significant amount of new development including several new apartment buildings, office buildings, and retail space. The continued development of residential single-family homes to the east and north of the subject site will increase the value of the site.
Property Facts
| Price | $1,450,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hold For Development |
| No. Lots | 1 | Total Lot Size | 17.56 AC |
| Property Type | Land | Cross Streets | Collingswood Blvd |
| Zoning | RSF2 - Residential Single Family | ||
| Price | $1,450,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 17.56 AC |
| Cross Streets | Collingswood Blvd |
| Zoning | RSF2 - Residential Single Family |
1 Lot Available
Lot
| Price | $1,450,000 | Lot Size | 17.56 AC |
| Price Per AC | $82,574.03 |
| Price | $1,450,000 |
| Price Per AC | $82,574.03 |
| Lot Size | 17.56 AC |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $10,500 | Total Assessment | $505,474 |
Property Taxes
Parcel Numbers
Land Assessment
$10,500
Improvements Assessment
$0
Total Assessment
$505,474
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E Hillsborough Blvd - Residential Development Opportunity!
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