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11705 31st Ter E - Lot 6 2.39 Acres of Industrial Land



About 11705 31ST TER E , PALMETTO , FL 34221
| Price | Not Individually For Sale | Property Subtype | Industrial |
| Property Type | Land | Total Lot Size | 2.39 AC |
| Price | Not Individually For Sale |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 2.39 AC |
Executive Summary
Buckeye Industrial Park is a 137.5 acre distribution and light manufacturing park within the Port Manatee overlay district and mere minutes from the I-75 and I- 275 exchanges. Located at the intersection of U.S. 41 and Buckeye Road, Buckeye Industrial is located in one of the fastest growing regions in the entire country. The park is planned for a total of 20 lots from 1 to 38 acres in size. Finished lots are scheduled for delivery in the Summer 2008. Buckeye represents a very cost effective solution for owners who require easy access to the I-75/I-275 corridor, and also for users of the fast growing Port Manatee. As a Master Storm Water Planned Development, owners at Buckeye Industrial can take full advantage of its high floor area ratios that are at 23% to 45%. Simply put, each acre at Buckeye can handle a 15% to 20% larger building footprint than would otherwise be possible. Manatee County has established Buckeye Industrial Park as a Community Development District (CDD). A CDD is a governmental unit created to serve the longterm specific needs of its community. Created pursuant to chapter 190 of the Florida Statutes, a CDD’s main powers are to plan, finance, construct, operate and maintain community-wide infrastructure and services specifically for the benefit of its residents. Property owners in the CDD are subject to a non-ad valorem assessment, which appears on their annual property tax bill from the county tax collector. In addition to convenient access to I-75, Buckeye has direct ingress/egress from U.S. 41 and is less than 5 minutes from I-275. Located right in the middle of the action, Buckeye is 30 minutes from Tampa, St. Petersburg and Sarasota and almost directly across the street from Port Manatee. Port Manatee is going through a huge expansion process, which is creating a tremendous surge in demand for distribution centers and warehouse/dry storage. Port Manatee expects to nearly double its operations in the next five years. Sarasota-Bradenton International Airport (20 miles south) provides many direct flights to Atlanta and other northern destinations. Tampa International Airport (42 miles via I-275) is a full international airport serving all continental and international destinations. Southwest Florida International Airport in Ft Myers provides scheduled airline service for continental and trans-Atlantic flights. Economic incentives may also be available to owners from Manatee County’s aggressive Pro-Business, Economic Development Council and Chamber of Commerce.
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