For Sale
$5,500,000

0 Town Center PkwyBradenton, FL 34202

Prime Hotel Land, I-75 & University

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7.14-acre commercial and industrial land parcel presents a rare development opportunity in the highly sought-after Lakewood Ranch, Florida. Located on Town Center Parkway with direct I-75 frontage, this site boasts an impressive 160,000 average daily traffic count, providing unparalleled visibility and accessibility. Currently zoned PD-MU, the property is fully entitled for a 250-room hotel development, eliminating lengthy permitting processes. Utilities are already on-site, making this a truly pad-ready location. The property is divided into two parcels: a northern parcel and a southern parcel, each available for individual purchase. The northern parcel is priced at $3.25 million, and the southern parcel is priced at $3.75 million. A significant discount is offered for the purchase of both parcels, totaling $5.5 million. The extension of Exchange Way will be a cost-shared project between the two lots/buyers, with an estimated cost of approximately $500,000. This presents an unparalleled opportunity to capitalize on the thriving Lakewood Ranch market and its proximity to University Town Center, Lakewood Ranch, and Waterside communities. The property's strategic location and comprehensive entitlements make it an ideal investment for hotel developers seeking a prime location with immediate development potential. The APN is 587919559. This is one of the last remaining development opportunities along this high-traffic corridor.

Highlights

  • High-visibility I-75 frontage in prime Lakewood Ranch location.
  • Rare development opportunity on I-75 near University Parkway.
  • 160,000+ ADT and excellent access to UTC, Lakewood Ranch, and Waterside.

Property Details for 0 Town Center Pkwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
311,018 SF

Location Insight

City
Bradenton
County
Manatee
State
Florida
Latitude
27.396266
Longitude
-82.4477269
Town Center Pkwy, Bradenton, Florida

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0 Town Center Pkwy
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