University Parkway Land For Sale

2540 University Parkway Sarasota, FL 34243

2540 University Parkway, Sarasota, FL, 34243
2540 University Parkway, Sarasota, FL, 34243
FOR SALE
Property Type:
Multifamily Land
Amount:
$5,200,000
Last Verified:
Feb 20, 2023

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Highlights

  • Come join the rapidly growing Sarasota market along University Parkway; Sarasota's primary retail corridor. Within 5-miles of The Mall at University Town Center, Interstate 75, neighboring power centers and national retailers. This high-traffic visibility site is in an affluent area which is ideal for office, senior living, churches, multifamily and more. Zoned for RE-1, University Corridor Plan West allows OPI/PD, office professional, institutional senior living, assisted living community, and memory care. Seller is willing to separately sell the front half of parcel that is front-facing University Parkway (4.9 AC).

Description

High-traffic visibility site
Zoned for RE-1, University Corridor Plan West allows OPI/PD, office professional, institutional senior living, assisted living community, and memory care.
Seller is willing to separately sell the front half of parcel that is front-facing University Parkway (4.9 AC).

Come join the rapidly growing Sarasota market along University Parkway; Sarasota's primary retail corridor

Lot Size: 9.8 acres


Documents

University-Pkwy-2540-Flyer.pdf

Map of 2540 University Parkway, Sarasota, FL, 34243

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.