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13811 State Road 31

10.06 Acres of Commercial Land Offered at £5,917,500 in Punta Gorda, FL 33982

Executive Summary

Prime Development Opportunity. 10 acres of land, 7.06ac (307,534sf) zoned CG
and 3ac (130,680sf) zoned AG. Cleared and located on SR31 at Babcock
Ranch. Situated on the Northeast corner of the property is a 6,000sf mol
warehouse. The structure has 4 large overhead garage doors and a restroom
inside. There is no AC in the warehouse space.
Contact Mitchell Orzel at (734) 658-1400 for all information.
PROPERTY HIGHLIGHTS
-Approx. 8 miles from I-75
-Located directly at Babcock Ranch main entrance
-Over 19,000 residences to be constructed in Babcock Ranch master
development spanning across 17,000 acres
-Babcock development current completion is approx. 20%
-660 feet of direct frontage on SR-31
-Expansion project converting SR-31 from two lanes to four lanes,
significantly increasing AADT as Babcock Ranch develops.
-Current SR-31 AADT (annual average daily traffic) is at approx. 13,000
-Seller financing available with 15% to 30% down payment and negotiable
terms
-Warehouse tenant on month to month lease and may be removed on short
notice
Contact Mitchell Orzel at (734) 658-1400 for all information.

Property Facts

Price £5,917,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 10.06 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £5,917,500
Price Per AC £588,221
Lot Size 10.06 AC
  • Listing ID: 31940188

  • Date on Market: 28/05/2024

  • Last Updated:

  • Address: 13811 State Road 31, Punta Gorda, FL 33982

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