County Rd 675, Myakka City, Florida
List Price: $750,000
MLS Number: A4553495

Incredible development / land-banking opportunity at the eastern edge offast-growing Lakewood Ranch. Located at the corner of SR 70 and CR 675in Manatee County with tremendous growth all around, this is your chanceto acquire a property that is soon to be in high demand as growtheastward on SR 70 is expected to continue to increase as evidenced by therecent combined traffic count escalations to almost 22,000 cars per day.This intersection is part of Phase 2 in a road widening and developmentproject occurring along SR 70 from Lorraine Road out to CR 675 and isexpected to begin construction in the second half of 2024. Included in thatproject is the widening of SR 70 from 2 lanes to 4 lanes in order to supportcommuter and freight traffic that has increased in the area over the lastfew years, as well as the construction of a roundabout at the corner of CR-675 and SR-70 offering unparalleled visibility, lower traffic speeds, andincreased accessibility to the property. In conjunction with the addedroundabout, the "off-ramp" from westbound SR-70 onto northbound CR-675 will be demolished, making this site a true hard corner. Initially the landunder the demolished roadway will serve as a buffer to the adjacentproperties, however there is potential to have this right-of-way vacatedallowing 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 usesthat support the agricultural community including office, veterinary clinic,equipment sales, pet kennel, and even a Bed & Breakfast. A potentialrezoning to Commercial would open the door for a dollar store, generalstore, 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 huballowing access North to South and East to West. CR-675 is a mainnorth- south road that leads up to SR.64 and northwards into theexploding Parrish, Florida area. While SR-70 spans the entire stateconnecting Bradenton on the west coast, across the state throughpremium agricultural and farming areas such as Myakka City, Arcadia,Okeechobee, and over to the East Coast in Fort Pierce. As such SR-70has been recognized by the state of Florida as a Strategic IntermodalSystem Road as a high priority for transportation throughout thecenter of the state.Not only is this site at a highly trafficked intersection, but it is alsolocated just outside of Lakewood Ranch. Lakewood Ranch has beenrecognized as the #2 top-selling master-planned community in thenation and recognized by Manatee County as one of four majorgrowth and focus areas of the County. This site is positioned at theclosest main intersection to the high-end Panther Ridge and PomelloRanches subdivisions, as well as the Concession Golf Club. Othernearby amenities and attractions include The Premier Sports Campusat Lakewood Ranch, TreeUmph! Adventure Course, Bearadise RanchBear Preserve, and the location of the Sarasota Medieval Fair which isopen throughout the month of November.