0 Nestor CtNorth Port, FL 34286

Property Details for 0 Nestor Ct

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 6.31-acre commercial land parcel in North Port, Florida, presents a unique investment opportunity. Located on Nestor Ct, Sarasota County, the property boasts 758 feet of frontage and is currently zoned AG. However, its strategic location directly across Toledo Blade Blvd from the planned Toledo Village development (DMF-23-274) – encompassing 520 multi-family units, 158 townhomes, and 201 single-family homes across 263 acres – suggests significant future development potential. The ongoing INF-23-184 utility extension project is bringing water and sewer lines to the property, further enhancing its appeal. The property's proximity to the planned Toledo Village Spine Rd, starting at the Tropicaire and Toledo Blade intersection, makes it ideally suited for a zoning change to accommodate uses such as a hotel, restaurant, convenience store, or gas station. The seller offers flexible terms: a five-year lease at $4,000 per month (tenant pays taxes), with 30% of lease payments applicable towards purchase

Location Insight

City

North Port

County

Sarasota

State

Florida

Latitude

27.1122

Longitude

-82.1555

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