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About this home
River Road is a home Englewood. Flood zone AE - confirm flood insurance requirements with your lender.
Rare opportunity to acquire a highly visible 15 acre commercial development site along South River Road, zoned ILW - Industrial Light & Warehousing, within the rapidly growing Wellen Park Corridor. The property backs directly up to greenspace and retention ponds located within the Sarasota County owned Englewood Sports Complex, providing a defined rear boundary and buffering from adjacent uses. The property offers approximately 1,000 feet of frontage along River Road. The site includes approximately 6.03 acres of usable land following approved wetland mitigation, with all non-developable acreage located at the rear of the property. This layout allows for an efficient building footprint and strong road frontage. Wetlands and mitigation areas are approved and clearly delineated under the current civil plan, offering clarity and certainty for future development. Positioned on a major arterial roadway, the property benefits from excellent visibility and traffic exposure and has received positive feedback from engineering and trade professionals regarding its development potential. Utilities are readily accessible, with electric service at the property line, water connection on the south side of South River Road, and planned sewer service via a lift station connecting to an 8-inch force main through the Englewood Water District. The substantial buildable footprint is well suited for a wide range of commercial or light industrial users seeking visibility, accessibility, and a strategic location within one of the area’s fastest-growing corridors. The property is located less than one mile from where South River Road transitions into Dearborn Street, near the local post office providing you plenty of convenience and accessibility for your commercial project.
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$2,980,000
Time on market
291 days
Monthly payment
About $18,129/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,167 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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