6.3 ACRE COMMERCIAL / MULTI-FAMILY TRACT

Vacant Land for Sale
Catylist Listing ID: 1767052
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, General
Gross Land Area: 6.30 Acres
Sale Price: $550,000
Unit Price: $87,301 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

SITE OPPORTUNITY: 6.3 acre commercial / multi-family site located on Rotonda E. Blvd. in West Charlotte County, Florida. Excellent opportunity for a condo, ALF or apartment project. New development taking place adjacent to the property. Limited amount of high visibility mixed use tracts available in area.

ZONING: 1.3 +/- Acres of (CG) Commercial General & 5 +/- Acres of (RMF-5) Multi-Family. Current zoning allows 25 units with another 25 TDU’s that can accompany the site for 50 multi-family units.

FUTURE LAND USE: (CG) Commercial General & (RMF-5) Multi-Family

ACCESS & VISIBILITY: Great access and visibility along Rotonda E Blvd. Hwy 771 intersection less than a 1/5 of a mile away. Full median cut on Rotonda E. Blvd. in front of property. The property also sits next to the Rotonda West Moose Lodge.

ROAD FRONTAGE: 330 +/- ft. of road frontage on Rotonda E. Blvd.

UTILITIES: Property has county water & sewer provided by Charlotte County Utilities running along Rotonda E. Blvd . Florida Power & Light has electric also in place running along Rotonda E. Blvd. Utilities currently meet capacity.

PRICE JUST REDUCED TO $500,000.

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Tax ID/APN: 412117357002
Zoning: GC & RMF-5
Market Type: Medium
Side of Street: West
Road Type: Highway
Property Visibility: Excellent
Legal Description: Z 174121 P2-1 & ZZZ 204121 P3 & ZZZ 174121 P3
Largest Nearby Street: ROTONDA E. BLVD
Feet of Frontage: 330
Transportation: Highway
Zoning Description: 1.3 ACRES OF COMMERCIAL GENERAL & 5+ ACRES OF RMF 5
Topography: Level
Available Utilities: Electric, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,571 14,115 31,832
Median Age: 60.88 55.04 57.05
Households: 1,167 6,432 14,976

Contact

Photograph of Listing Agent

Sage N. Andress P.A. , ALC, CCIM

Sunmark Realty, Inc. FGCAR CIE Member
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