0 Knights Trail RdNokomis, FL 34275
- Other commercial real estate
- 7.20 AC
Property Details for 0 Knights Trail Rd
- Lot size
- 7.20 AC
- Property type
- Other commercial real estate
- Property subtype
- Other land
Description
This exceptional 7.2-acre commercial parcel is strategically located in Nokomis, Florida, within the city limits of Venice, at the intersection of Knights Trail Road and Rustic Road, just north of Laurel Road. The property boasts a highly desirable Commercial zoning designation, presenting a multitude of development opportunities. Its prime location offers significant advantages, situated as an outparcel adjacent to a substantial multi-family development (300 units) and a large single-family residential community (400 units). Further enhancing its value, an adjoining property to the south is currently under development as a 380-unit multi-family complex. The area is experiencing robust growth, with over 1,500 approved single-family homesites under development within a one-mile radius. The construction of Rustic Road, a new east-west connector under the Interstate between Laurel Road and Honore Avenue, will significantly improve accessibility and further increase the property's value. This fee-simple ownership opportunity presents a compelling investment prospect in a rapidly expanding market. The property's APN is 0365002000. The asking price is $4,704,480.
Location Insight
- City
- Nokomis
- County
- Sarasota
- State
- Florida
- Latitude
- 27.1646
- Longitude
- -82.4021
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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