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County Rd 675

Myakka City, FL 34251
  • $750,000
  • STATUS: Active
  • ON SITE: 598 Days
  • MLS #: A4553495
UPDATED: 142 min ago
$750,000
  • 0
    BEDS
  • 1.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Incredible development / land-banking opportunity at the eastern edge of fast-growing Lakewood Ranch. Located at the corner of SR 70 and CR 675 in Manatee County with tremendous growth all around, this is your chance to acquire a property that is soon to be in high demand as growth eastward on SR 70 is expected to continue to increase as evidenced by the recent combined traffic count escalations to almost 22,000 cars per day. This intersection is part of Phase 2 in a road widening and development project occurring along SR 70 from Lorraine Road out to CR 675 and is expected to begin construction in the second half of 2024. Included in that project is the widening of SR 70 from 2 lanes to 4 lanes in order to support commuter and freight traffic that has increased in the area over the last few years, as well as the construction of a roundabout at the corner of CR- 675 and SR-70 offering unparalleled visibility, lower traffic speeds, and increased accessibility to the property. In conjunction with the added roundabout, the "off-ramp" from westbound SR-70 onto northbound CR- 675 will be demolished, making this site a true hard corner. Initially the land under the demolished roadway will serve as a buffer to the adjacent properties, however there is potential to have this right-of-way vacated allowing for this for additional land to be added to this development site, making it grow in size and opportunity. The current agricultural zoning of the property allows for commercial uses that support the agricultural community including office, veterinary clinic, equipment sales, pet kennel, and even a Bed & Breakfast. A potential rezoning to Commercial would open the door for a dollar store, general store, gas station, farm store, or other supportive retail uses. Situated at the corner of CR-675 and SR 70, this site is part of a hub allowing access North to South and East to West. CR-675 is a main north- south road that leads up to SR.64 and northwards into the exploding Parrish, Florida area. While SR-70 spans the entire state connecting Bradenton on the west coast, across the state through premium agricultural and farming areas such as Myakka City, Arcadia, Okeechobee, and over to the East Coast in Fort Pierce. As such SR-70 has been recognized by the state of Florida as a Strategic Intermodal System Road as a high priority for transportation throughout the center of the state. Not only is this site at a highly trafficked intersection, but it is also located just outside of Lakewood Ranch. Lakewood Ranch has been recognized as the #2 top-selling master-planned community in the nation and recognized by Manatee County as one of four major growth and focus areas of the County. This site is positioned at the closest main intersection to the high-end Panther Ridge and Pomello Ranches subdivisions, as well as the Concession Golf Club. Other nearby amenities and attractions include The Premier Sports Campus at Lakewood Ranch, TreeUmph! Adventure Course, Bearadise Ranch Bear Preserve, and the location of the Sarasota Medieval Fair which is open throughout the month of November.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-19T12:07:40.93.
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County Rd 675 Myakka City, FL 34251

  • Price: $750,000
  • Status: Active
  • On Site: 598 Days
  • Updated: 142 min ago
  • MLS #: A4553495
0
Beds
0
Baths
0
½ Baths
1.54
Acres
Neighborhood:
Pomello City Central Unit
County:
Manatee
Area:
Myakka City
Property Description
Incredible development / land-banking opportunity at the eastern edge of fast-growing Lakewood Ranch. Located at the corner of SR 70 and CR 675 in Manatee County with tremendous growth all around, this is your chance to acquire a property that is soon to be in high demand as growth eastward on SR 70 is expected to continue to increase as evidenced by the recent combined traffic count escalations to almost 22,000 cars per day. This intersection is part of Phase 2 in a road widening and development project occurring along SR 70 from Lorraine Road out to CR 675 and is expected to begin construction in the second half of 2024. Included in that project is the widening of SR 70 from 2 lanes to 4 lanes in order to support commuter and freight traffic that has increased in the area over the last few years, as well as the construction of a roundabout at the corner of CR- 675 and SR-70 offering unparalleled visibility, lower traffic speeds, and increased accessibility to the property. In conjunction with the added roundabout, the "off-ramp" from westbound SR-70 onto northbound CR- 675 will be demolished, making this site a true hard corner. Initially the land under the demolished roadway will serve as a buffer to the adjacent properties, however there is potential to have this right-of-way vacated allowing for this for additional land to be added to this development site, making it grow in size and opportunity. The current agricultural zoning of the property allows for commercial uses that support the agricultural community including office, veterinary clinic, equipment sales, pet kennel, and even a Bed & Breakfast. A potential rezoning to Commercial would open the door for a dollar store, general store, gas station, farm store, or other supportive retail uses. Situated at the corner of CR-675 and SR 70, this site is part of a hub allowing access North to South and East to West. CR-675 is a main north- south road that leads up to SR.64 and northwards into the exploding Parrish, Florida area. While SR-70 spans the entire state connecting Bradenton on the west coast, across the state through premium agricultural and farming areas such as Myakka City, Arcadia, Okeechobee, and over to the East Coast in Fort Pierce. As such SR-70 has been recognized by the state of Florida as a Strategic Intermodal System Road as a high priority for transportation throughout the center of the state. Not only is this site at a highly trafficked intersection, but it is also located just outside of Lakewood Ranch. Lakewood Ranch has been recognized as the #2 top-selling master-planned community in the nation and recognized by Manatee County as one of four major growth and focus areas of the County. This site is positioned at the closest main intersection to the high-end Panther Ridge and Pomello Ranches subdivisions, as well as the Concession Golf Club. Other nearby amenities and attractions include The Premier Sports Campus at Lakewood Ranch, TreeUmph! Adventure Course, Bearadise Ranch Bear Preserve, and the location of the Sarasota Medieval Fair which is open throughout the month of November.
Exterior Features

Lot Size Dimensions 304 x 200 Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Sewer None Water Source None

Property Features

Current Use Agricultural Flood Zone Code X For Lease Yn No Ownership Fee Simple Special Listing Conditions None Sw Subdiv Community Name Pomello City Central Tax Annual Amount 22 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electrical NearbyWater Nearby Zoning A


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of SVN COMMERCIAL ADVISORY GROUP: 941-387-1200.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-19T12:07:40.93.
 
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