3498 Laurel RdNokomis, FL 34275
- Land
- 1.56 AC
Property Details for 3498 Laurel Rd
- Lot size
- 1.56 AC
- Zone code
- LE
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 0387-01-0010
- APU
- 387010010
Description
This exceptional 2.58-acre commercial land parcel presents a prime development opportunity in the rapidly growing Nokomis, Florida market. Located at the signalized intersection of Laurel Road and Knights Trail, this property boasts 560 feet of frontage and offers unparalleled visibility and accessibility. Its strategic location is just 0.25 miles from I-75, providing convenient access to major transportation routes. The site is situated within a thriving residential area, with over 6,700 planned housing units nearby, ensuring a robust customer base. Furthermore, the property's proximity to a new, large Sarasota Memorial Hospital campus (less than a mile away) and significant employment centers like PGT (2,800+ employees) and Tervis (680+ employees) creates a high-demand location for commercial development. The land is currently vacant and commercially zoned, ready for immediate development. The site is rough-graded and ready for delivery, minimizing upfront development costs. This property represents a unique chance to capitalize on the explosive growth in this area and establish a successful commercial venture. The Knights Trail extension will further enhance connectivity and accessibility, solidifying this location as a key commercial hub. This is a rare opportunity to secure a prominent position in a booming market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $20,638,324
- Hospitality
- $18,904,594
- Educational
- $15,728,400
- Medical
- $16,269,324
- Retail
- $24,466,400
Location Insight
- City
- North Venice
- County
- Sarasota
- State
- Florida
- Latitude
- 27.1366
- Longitude
- -82.4017
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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