Commercial Sale Property - Multi Family in Punta Gorda
Listing Price: $7,500,000 (Sale Pending)
Description of Property
Prime Development Opportunity. 10 acres of commercial zoned land. Cleared and located on SR31 at Babcock Ranch. This property offers premium location and exposure to over 19,000 residential homes directly across the street in Babcock Ranch. For more information on the magnitude of the residential development going up next to this property, please visit www.babcockranch.com/lifestyle/future-growth/ Please see brochure. Over 19,000 residences to be constructed in Babcock Ranch master development spanning across 17,000 acres Babcock development current completion is approx. 20% 660 feet of direct frontage on SR-31 Expansion project converting SR-31 from two lanes to four lanes, significantly increasing AADT as Babcock Ranch develops. Current SR-31 AADT (annual average daily traffic) is at approx. 13,000 Seller financing available with 15% to 30% down payment and negotiable
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Multi Family
City: Punta Gorda
County: Charlotte
Subdivision: Horseshoe Acres
Sq. Ft. Gross: 435,600
Year built: 2004
Annual Tax: $8,459
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Metal Frame
Foundation: Slab
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Floors Total: 1
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Cooling: None
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Lot Information
Lot Features:
Lot Size (acres): 10.06
Lot Size (sq. ft.): 435,600 square feet
Road Frontage: Highway, State Road
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 422525400032
Zoning: CG
Tax Legal Desc.: HAC 000 0000 0001 HORSESHOE ACRES LT 1 5.03 AC. E/M 606/1837 681/776 751/1132 764/1034 821/370 CT928/182 981/344 1260/2130 AFF1513/1372 1513/1374 E1791/239 1817/502 E1926/1749 E3242042
Section: 25
Range: 25E
Listing courtesy of COLDWELL BANKER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.