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2701 N River Rd - Pad Ready Lot 1.76 Acres of Commercial Land Offered at $3,041,500 CAD in Venice, FL 34292
INVESTMENT HIGHLIGHTS
- Prime visibility from busy Interstate-75.
- River Road is the most direct route to the New Atlanta Braves Spring Training Complex.
- Booming River Road is home to the new ‘Wellen Park Community’ (planned for 36,630 homes upon buildout).
- Average household earning exceed $106,000.
- Adjacent to 178 home gated community of Caribbean Village
- River Road to be widened to six lanes (2025).
EXECUTIVE SUMMARY
Lot A is 1.76 AC and is a pad ready lot fronting North River road, adjacent to new 7-11 and next to the gated community Caribbean Bay Village. Less than a Half Mile to I-75, great site for fast food. CHI Zoning allows for wide variety of uses, including: Hotel, Automotive Services, Automotive Parts, Restaurant, Office, Retail, Full Service or Fast-Food Restaurant, Car wash, Medical, Storage.
Two-lane River Road – also known as State Road 777 – is being widened to four lanes north of Center Road and six lanes between Center Road and U.S 41, also known as Tamiami Trail. Construction is anticipated began in January 2022 with completion expected by early spring, 2025.
PROPERTY FACTS
1 LOT AVAILABLE
Lot A
| Price | $3,041,500 CAD | Lot Size | 1.76 AC |
| Price Per AC | $1,728,125.07 CAD |
| Price | $3,041,500 CAD |
| Price Per AC | $1,728,125.07 CAD |
| Lot Size | 1.76 AC |
Pad Ready Lot with utilities to Lot Line and water retention fronting River Rd adjacent to 7-11
DESCRIPTION
Located at a major interchange this property is ideally suited to a variety of approved uses including: Hotel, Restaurant, Restaurant with Drive Through, Office, Carwash and Retail. Sarasota County hosts a variety of sporting events in 2020 a very challenging year, these events led to the following economic impact and occupancy in Hotels: 2020 Sports Events total Economic impact for Sarasota County $190,000,004. Total hotel occupancy 87,799. Total participants in events 102,076. Total Spectators attending events 276,451.
PROPERTY TAXES
| Parcel Number | 0733-11-0102 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,508,811 CAD |
PROPERTY TAXES
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2701 N River Rd - Pad Ready Lot
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