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0 Town Center Parkway - Two Hotel Parcels@ NE Corner I-75/University
7.14 Acres of Commercial Land Offered at £4,339,500 in Lakewood Ranch, FL 34202
Investment Highlights
- Last Remaining Hotel Parcels Along I-75 in Lakewood Ranch
- Located at the Gateway to Lakewood Ranch at University/I-75 Exit
- Tremendous Visibility with 160,000 ADT
- Adjacent to UTC Mall
Executive Summary
Northern Red Parcel is $3.25m, Southern Green Parcel is $3.75m. Preference is to sell the entire parcel, package price $5,500,000 for 250 Hotel Room Entitlements and 7.14 acres.
Clean Phase 1 and Survey in Documents Folder
Extension of Exchange Way will be a cost proportionately split between the 2 lots/buyers. Ballpark cost
+/- $500,000.
Property Facts
1 Lot Available
Lot
| Price | £4,339,500 | Lot Size | 7.14 AC |
| Price Per AC | £607,773 |
| Price | £4,339,500 |
| Price Per AC | £607,773 |
| Lot Size | 7.14 AC |
Tremendous opportunity to own two of the last remaining parcels in Town Center Drive in Lakewood Ranch. Remaining lots sit on I-75 with excellent 160,000 ADT. Zoning will allow a Hotel Development. Lots are pad ready with utilities on site.
Description
Tremendous opportunity to own one of the last remaining parcels in Town Center Pkwy in Lakewood Ranch. Remaining lots sit on I-75 with excellent 160,000 ADT. Zoning will allow a Hotel Development. Lots are pad ready with utilities on site. Northern Red Parcel is $3.25m, Southern Green Parcel is $3.75m. If a buyer takes down the entire parcel with a quick close, we can offer it at $5.5m. Extension of Exchange Way will be a cost proportionately split between the 2 lots/buyers. Ballpark cost +/- $500,000.
PROPERTY TAXES
| Parcel Number | 5879-1580-9 | Improvements Assessment | £0 |
| Land Assessment | £1,796,476 | Total Assessment | £1,796,476 |
PROPERTY TAXES
zoning
| Zoning Code | PD-MU (Hotel Development Site - Entitlements in hand) |
| PD-MU (Hotel Development Site - Entitlements in hand) |
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David Carlson -
Benjamin Shamrokh -
SVN | Commercial Partners
Presented by
0 Town Center Parkway - Two Hotel Parcels@ NE Corner I-75/University
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