$750,000 Price Analysis    ♡   Myakka City, FL 34251 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.54 acre lot. Listed 2022-11-28, Taxes $22 | Ⓧ USDA Ineligible due to property near Myakka City |
Incredible development / land-banking opportunity at the eastern edge of fast-growing Lakew ood 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, quipment sales, pet kennel and even a Bed and 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 is this site at a highly trafficked intersection, but it is also located 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.
Presented by TONY VELDKAMP, CCIM at
Svn Commercial Advisory Group.
Property MLS #A4553495 from StellarMLS
Road Surface Type: Asphalt
Lot Size Dimensions: 304 x 200
Lot Size Square Feet: 67082
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Manatee
Current Use: Agricultural
Directions: From Interstate 75 and State Road 70, head east on State Road 70. The property will be on the left at the intersection of State Road 70 and County Road 675.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Land
Area: 34251 - Myakka City
Source Neighborhood: POMELLO CITY CENTRAL UNIT
Parcel Number: 333702009
Subdivision: POMELLO CITY CENTRAL UNIT
Township: 35
Zoning: A
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $1,000 $1,000 | $22 |
| 2021 | $unknown + $1,000 $1,000 | $22 |
| 2020 | $unknown + $1,000 $1,000 | $23 |
| 2019 | $unknown + $2,750 $2,750 | $65 |
| 2018 | $unknown + $2,750 $2,750 | $65 |
| 2017 | $unknown + $2,750 $2,750 | $63 |
| 2016 | $unknown + $2,750 $2,750 | $64 |
| 2015 | $unknown + $2,750 $2,750 | $63 |
| 2014 | $unknown + $unknown $2,245 | $58 |
| 2013 | $unknown + $unknown $2,245 | $59 |
| 2012 | $unknown + $unknown $2,245 | $59 |
| 2011 | $unknown + $unknown $2,535 | $64 |
| 2010 | $unknown + $unknown $3,375 | $76 |
| 2009 | $unknown + $unknown $4,225 | $89 |
| 2008 | $unknown + $unknown $5,500 | $107 |
| 2007 | $unknown + $unknown $6,850 | $130 |
$750,000
StellarMLS
Price Changed 2024-05-02
$850,000
StellarMLS
Price Changed 2024-01-22
$675,000
StellarMLS
Listed 2022-11-28
$750,000
StellarMLS
Listing removed 2018-02-13
$575,000
StellarMLS
Listed 2017-02-14
$575,000
StellarMLS
Sold 1995-11-21
$1,704,100
Public Record
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.