3498 Laurel RdNokomis, FL 34275

  • Land
  • 1.56 AC
For Lease

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
3498 Laurel Rd, Nokomis, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,499
$1,150,200
-
$1,150,200
-
$1,150,200
-
$1,150,200

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