80+- ac in Burnt Store Village Approved for 270 units

Vacant Land for Sale
Catylist Listing ID: 30188317
Property Subtypes: Residential (Single Family)
Gross Land Area: 80 Acres
Sale Price: $2,300,000
Unit Price: $28,750 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/20/2018

Overview / Comments

The opportunity is to purchase 80 acres located within Burnt Store Village in Punta Gorda. It's currently zoned PD and has approvals for 270 units.
There are multiple developments within Burnt Store Village. Also, Burnt Store Road was recently widened to a 4-lane road.

LOCATION DESCRIPTION - The property is located at 17050 Burnt Store Road in Punta Gorda in Charlotte County. It's adjacent to the Woodlands Estates community. Access is provided by taking Harborside Blvd. from Burnt Store Road.

The property is centrally located as it's only 10 minutes to US 41 and less than 15 minutes to I-75. It's also in close proximity to Cape Coral (10 minutes), downtown Punta Gorda (15 minutes), Fort Myers (20+ minutes), and it's only an hour to Naples & Sarasota.

PROPERTY SIZE - 80.0 Acres

ZONING PD - Approved for 270 units

Additional Details

Nearest MSA: Punta Gorda
County: Charlotte
Tax ID/APN: 422332100013

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,422 9,775
Median Age: 67.55 58.98
Households: 2,434 4,783

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company FGCAR CIE Member
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