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4951 Pocatella Ave

11.7 Acres of Commercial Land Offered at £5,085,925 in North Port, FL 34287

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Investment Highlights

Prime Location - Beautiful Property.
City Water and Sewer available.
1500 Feet from St Rt 41 and National Retailers.

Entitled for 175 units through approved special exception.
City Maintains Park in front of property.
Great for Luxury Multifamily, Office/Medical, ALF/Senior Living.

Executive Summary

Entitled for 175 units through approved special exception. 11.7 Acres of Vacant Land Available in a prime location. City Water and City Sewer onsite and fire hydrant within 1000 feet. Sidewalk and City Park with Landscaping on 950 ft of frontage to the property. The zoning is OPI Office. This parcel is not in an activity center and its NOT in a flood zone. Benderson Development who owns 800 premier properties nationwide is the owner of Cocoplum Village Shops in North Port with national names such as Publix, TJ Maxx, Ross, Dicks, Ulta, Hobby Lobby, Walmart, Home Depot and many more will be expanding their retail footprint from the end of Publix's to Sumter Blvd. This property sits only 1500 feet from the corner of St Rt 41 and S Sumter Blvd and the retail shops at cocoplum yet laying in a quite and peaceful area of North Port, Florida.

Property Facts

Price	£5,085,925	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Office Multifamily Apartment Units Apartment Units - Condo
No. Lots	1	Total Lot Size	11.70 AC
Property Type	Land

Price	£5,085,925
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Office Multifamily Apartment Units Apartment Units - Condo
Total Lot Size	11.70 AC

1 Lot Available

Lot

Price	£5,085,925	Lot Size	11.70 AC
Price Per AC	£434,694

Price	£5,085,925
Price Per AC	£434,694
Lot Size	11.70 AC

Description

11.7 Acres of Land located less than 1800 feet from St Rt 41 on Sumter Blvd in North Port Florida. North Port retirement assisted living to the North, Single Family Homes to the East and West and a church to the south. Perfect location for multifamily apartments/condo or ALF The zoning is OPI Office, Entitled for 175 units through approved special exception.