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Knights Trail & Rustic Road 7.2 Acres of Commercial Land Offered at $6,567,078 CAD in Nokomis, FL 34275

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INVESTMENT HIGHLIGHTS

  • Corner lot location
  • Utilities and off site water retention
  • Large road frontage on Rustic Road

EXECUTIVE SUMMARY

7.2 Acres Commercial Zoned parcel on Knights Trail just north of Laurel Road at the intersection of Rustic Road and Knights Trail within the City Limits of Venice. Knights Trail is scheduled to connect from Laurel Road to Clark Rd (SR 72).This parcel is an outparcel to a 300 MultiFamily and 400 Single Family for Homes units. Adjoin property to the south is being developed into 380 MultiFamily units. Over 1,500 approved single family homesites being development within a 1 mile radius of the site. Rustic Road is being constructed as a east/west connection under the Interstate between Laurel Road & Honore Ave. The site will be developed in conjunction with the Multi-Family / Single Family for Rent Community. The site will be delivered with utilities stubbed to the site and off-site water retention.

PROPERTY FACTS

Price $6,567,078 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 7.20 AC
Zoning OUR - Open Use Rural

1 LOT AVAILABLE

Lot

Price $6,567,078 CAD
Price Per AC $912,094.15 CAD
Lot Size 7.20 AC

DESCRIPTION

7.2 Acres Commercial Zoned parcel on Knights Trail just north of Laurel Road at the intersection of Rustic Road and Knights Trail within the City Limits of Venice. Knights Trail is scheduled to connect from Laurel Road to Clark Rd (SR 72).This parcel is an outparcel to a 300 Multi- Family and 400 Single Family for Homes units. Adjoin property to the south is being developed into 380 Multi-Family units. Over 1,500 approved single family homesites being development within a 1 mile radius of the site. Rustic Road is being constructed as a east/west connection under the Interstate between Laurel Road & Honore Ave. The site will be developed in conjunction with the Multi-Family / Single Family for Rent Community. The site will be delivered with utilities stubbed to the site and off-site water retention.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0365-00-2000
Land Assessment
$15,660,993 CAD
Improvements Assessment
$11,704 CAD
Total Assessment
$15,672,697 CAD
  • Listing ID: 28851589

  • Date on Market: 2023-06-26

  • Last Updated:

  • Address: Knights Trail & Rustic Road, Nokomis, FL 34275

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