50.68 Acres in Nokomis, FL - $6,950,000
Description: 50.68 Acres vacant and entitled commercial land located at I-75/Laurel Road interchange (Exit 195) at the northeast corner of Laurel
Road and Knights Trail Road in Venice, FL. The site has been used for cattle grazing and consists primarily of cleared and level land.
The site was previously owned by a developer that had plans for big box retail, a hotel, office, outparcels and multi-family (see pg. 5
for proposed site plan). The multi-family portion and detention pond on the north of the property has been sold to a developer that is
purchasing the Toscan Isles development immediately to the north. Site plan, concurrency, and storm water approvals are in place
until the summer of 2015 for the 220,000 SF retail big box. Water management permits are in place in perpetuity.
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