Indian Creek: 1,938 Acres for Sale in Sarasota

Discover the possibilities in Sarasota, FL https://www.michaelsaunders.com/commercial/?msc-yt

For the past sixteen years, the owners of Indian Creek have been waiting for the right time to introduce their land to market; and to offer a significant development opportunity to the right entity. We invite you to discover the possibilities.

The property is composed of approximately 4,030’ of frontage along the north side of Fruitville Road, with close to 1,267’ +/- of frontage along the west side of Verna Road. The northern boundary of the property runs east/west for almost 2.4 miles. This location is just over 8 miles to I-75. Slated for completion in 2017, two new road extensions from University Parkway to Fruitville - just west of Indian Creek - will provide convenient access to Lakewood Ranch retail opportunities and the Mall at University Town Center.

With approximately 1.938 acres, this property qualifies for the advantage of the 2050 Comprehensive Plan. This allows rezoning to a minimum of 774 residential units, based on obtaining approvals for one unit per 2.5 acres. The property owners have been working with Sarasota County to position this land to receive rezoning in a six to nine-month timeframe. The estimated investment figure required to complete the rezoning, based on working with the owner’s team of planners and engineers, is available upon request.

For those looking for Southwest Florida and Sarasota commercial real estate contact https://www.michaelsaunders.com/commercial/?msc-yt

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