West Charlotte County Development Opportunity
7000 Gasparilla Road
Port Charlotte, FL 33981
Description
ACREAGE TOTAL: 429.84 ± Acre
COMMERCIAL: 51.78 ± Acre
RESIDENTIAL: 378.06 ± Acre
ZONING: CG / RSF2 (Estimated Max Density (Residential) 2 Units Per Acre Total)
FUTURE LAND USE: CGMU
Commercial (16 acres): $5,227,200 or $7.50 PSF
Remaining Commercial (MF) (35.78 acres) l $4,000,000
Residential: $27,900 per acre or $10,547,874
Parcels Available in Bulk: Contact Broker for Details
The subject property provides a wide array of different options for a prospective purchaser with the CGMU (Compact Growth Mixed Use) Future Land Use. Approximately 378.06+/- acres of the property is zoned RSF-2 for single family residential use while the remaining 51.78+/- acres at the intersection McCall Rd and Gasparilla Rd is zoned CG and features over 1500 feet of frontage on McCall Rd (776). McCall Rd/776 is a main arterial thoroughfare in Charlotte County providing direct access for the coastal region to US41 and I-75 and features an AADT of 24,500 cars per day.
The proposed commercial parcel could potentially be divided to include a portion for a multifamily residential project (estimated at 35.78+/- acres) while the remaining acreage, estimated at 16+/- acres is prime for retail commercial development.
Located in an area of growth and high accessibility, these parcels are ideally positioned within close proximity to the gulf coast beaches of Englewood and Boca Grande, downtown Port Charlotte and Charlotte Town Center mall, the Tampa Bay Rays spring training facility at Charlotte Sports Park, along with many other amenities and urban services.
