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Property Type: Commercial Development, Commercial Investment, Land Investment, Medical, Residential Development
Location: 500 R&F Ranch Rd., Venice, Florida 34275
Price Per Acre: $283,798
The subject property consists of 19.38 +/- acres in Venice, FL. The property to the north is a planned development for Sarasota Memorial Hospital Laurel Road Campus, which is a 315,000 +/- SF medical center that broke ground in early 2019. The growth rate within a 2 mile radius of the subject is growing 46.8% faster than Sarasota County.
Description: Property Use: Vacant Land
Current Zoning: Open Use Estate (OUE)
Taxes: $1,376.58 (2018)
Traffic Count: 15,600 cars/day on Laurel Rd.