For Sale
$2,400,000

9750 Bud Rhoden RdPalmetto, FL 34221

8.33 Acres, Prime Commercial Zoning

Overview

Added:
Dec 11, 2024
Days on market:
114
This 8.33-acre parcel in Palmetto, Florida (34221), located at 9750 Bud Rhoden Rd, presents a unique development opportunity. Zoned Neighborhood Commercial - Medium (NC-M) within unincorporated Manatee County, this site allows for a diverse range of commercial uses, with a maximum building square footage of 30,000 square feet. Permitted uses include retail, personal services, small shopping centers, mixed-use projects, restaurants, medical marijuana dispensaries, clinics, offices, vehicle repairs, and schools. The property's Future Land Use designation of Res-6 permits up to six units per acre, potentially yielding approximately 50 units. Manatee County's affordable housing density bonuses could further increase density to 12 units per acre, making this site ideal for townhomes, apartments, or residential houses. The asking price is $2,400,000, translating to $288,115 per acre. The potential for assembling additional acreage exists. This property offers significant upside for investors seeking a versatile commercial or residential development project in a rapidly growing area.

Highlights

  • 8.33-acre parcel in Palmetto, FL (34221) at 9750 Bud Rhoden Rd.
  • Neighborhood Commercial - Medium (NC-M) zoning allows diverse commercial uses, up to 30,000 sq ft.
  • Future Land Use (Res-6) allows up to 6 units/acre (potential for ~50 units), with density bonus potential up to 12 units/acre.
  • $2,400,000 asking price ($288,115/acre).
  • Potential for land assemblage.

Property Details for 9750 Bud Rhoden Rd

Property type
Land
Lot Size (sq. ft)
362,855 SF

Location Insight

City
Palmetto
County
Manatee
State
Florida
Latitude
27.602349
Longitude
-82.52603
9750 Bud Rhoden Rd, Palmetto, Florida

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9750 Bud Rhoden Rd
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