8.9 +/- Acre Development Site

The subject property is located in northern Manatee County, a mid-sized county on the West Coast of Florida. The property, located on Moccasin Wallow Road, is less than a half mile from US-41 to the west and 1.5 miles to Interstate-75 to the east. It is also 1.5 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 rapidly growing bedroom community, with significant residential demand. The North River submarket 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, Feld Entertainment, Sysco and ItWorks! are all located north of the Manatee River. Other projects in the general vicinity of this project include Taylor Morrison's Esplanade at Artisan Lakes subdivision, Seaire, a new community centered around a 4-acre Lagoon, a new Publix shopping center and multiple luxury RV resorts. With all of the new residential growth in this area, Manatee County opened a new high school and elementary school in the fall of 2019 and a new State College of Florida campus is proposed. Manatee County is currently finalizing a years' long road widening project that will widen Moccasin Wallow Road to 4 lanes once complete. Moccasin Wallow is designated as one of two major arterial roadways north of the Manatee River. This will greatly improve accessibility from this property to the new schools, hospitals and other amenities to the east.This 8.9 +/- acre parcel is positioned in a rapidly growing area of Manatee County on the desirable Moccasin Wallow Road. This site would be ideal for a medical/professional office building or a small townhome community. Over the past few years, development in Manatee County has continued to shift northward; causing Moccasin Wallow to become a hub for development. A number of projects are already in the works, including large master-planned communities of North River Ranch, Esplanade by Taylor Morrison and Seaire by Metro Development, among others, making this a highly sought after location. This site provides easy accessibility to a number of major highways, retail opportunities, and a number of outdoor amenities that draw residents and visitors alike to this area. Nature enthusiasts will enjoy visiting the Terra Ceia Aquatic Preserve, Felts Audubon Preserve, Frog Creek Camp Ground and the Moccasin Wallow Golf Club.