SW Florida Hard Corner Retail Development Site

3522 36th Avenue East Palmetto, FL 34221

3522 36th Avenue East, Palmetto, FL, 34221
Aerial NE
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FOR SALE
Property Type:
Other Land
Amount:
$690,000
Last Verified:
Mar 03, 2024

Highlights

  • 1 + Acre (After proposed Right-of-Way taking) Hard-Corner Commercial Development Site
  • Centrally located between St. Pete, Tampa, Bradenton, Lakewood Ranch, and Sarasota
  • Large North River employers include Port Manatee, The Ellenton Premium Outlets, Feld Entertainment, Sysco, and ItWorks!

Description

1 + Acre (After proposed Right-of-Way taking) hard corner lot in North Manatee County ready for commercial retail development in the rapidly-growing Palmetto-Ellenton area. The site sits at the Southeast corner of Mendoza Road and Ellenton Gillette Road, and is positioned between Interstate-75, US-41 and Interstate-275. Currently a 4-way stop, this busy intersection is destined for a traffic light in the future.

This is one of the fastest growing areas of Manatee County with over 23,000 residential units approved or under construction in the North River submarket.

The subject property is located in northern Manatee County, a midsized county on the West Coast of Florida. The property, located on Mendoza Road (36th Avenue East), is less than 2.3 miles from US-41 to the west and 1 mile to Interstate 75 to the east. It is also 1.6 miles to Interstate 275. The property is a short 25 minute drive to downtown St. Petersburg, 30 minutes to downtown Sarasota and 40 minutes to Tampa. Due to its central location to all of these larger cities, this area of Palmetto is a great bedroom community, with significant residential demand.

The North River market has seen significant residential and commercial development over the past 5+ years, including 23,000+ residential units approved or under construction and numerous other commercial/retail projects. Large employers including Port Manatee, The Ellenton Premium Outlets, Feld Entertainment, Sysco and ItWorks! are all located north of the Manatee River.

Lot Size: 1.0 acres


Documents

3522 26th Avenue East Brochure

Map of 3522 36th Avenue East, Palmetto, FL, 34221

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.