For Sale
$25,000,000

2100 Knights Trail Rd Nokomis, FL 34275

Prime Nokomis land, approved development plan.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 59.18-acre commercial land parcel, located at 2100 Knights Trail Road in Nokomis, Florida (zip code 34275), presents a remarkable investment opportunity. Situated near the intersection of Laurel Road, Pinebrook Road, and I-75, this strategically located property boasts an annual average daily traffic count exceeding 100,000. Currently encompassing two parcels, a plat is in place to subdivide the land into five distinct parcels, offering flexibility for development. The approved site and development plan for Nokomis Groves includes the construction of 630 apartment units in two phases. Furthermore, the plan incorporates two commercial outlots, each averaging approximately 254,000 square feet, and an additional 100,000 square feet designated for self-storage. The property is zoned CG/CI. The proximity to the new Sarasota Memorial Hospital further enhances its appeal, given the increased demand for residential housing in the area. This offering presents a unique chance to acquire a fully approved development project or to pursue individual components of the development separately, providing diverse investment strategies. The asking price for the entire property is $25,000,000.

Highlights

  • 630-unit multifamily development planned in two phases.
  • Two commercial outparcels, each averaging 254,000 square feet.
  • 100,000 square feet of self-storage space included.
  • Fully approved site plan for 630 units (Nokomis Groves phases 1 & 2).
  • Individual sale of development components possible.

Property Details for 2100 Knights Trail Rd

Property type
Land
Lot Size (sq. ft)
2,577,881 SF

Location Insight

City
Nokomis
County
Sarasota
State
Florida
Latitude
27.156443363388
Longitude
-82.401090277219

FAQs

What type of property is this?
Land - Prime Nokomis land, approved development plan.
Where is the land located?
The property is located at 2100 Knights Trail Rd Nokomis, FL.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 630-unit multifamily development planned in two phases.; Two commercial outparcels, each averaging 254,000 square feet.; 100,000 square feet of self-storage space included.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2100 Knights Trail Rd
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