Land
Property Type
142,000 sq ft
Area Size
GC Zoned
Opportunity Zone
Wide-Range Commercial Use
Build Opportunity
50,000 sq ft
flex development
Acquisition Ready
Parcel ID
53366-0000-1
Price
$1,100,000
Frontage Street Name
Cortez Rd W
Frontage Length
130 feet
Lot Size
3.14 acres
Zoning
GC
Description
This exceptional 3.14-acre commercial land parcel presents a rare development opportunity in a high-growth corridor of Bradenton, Florida. Zoned GC (General Commercial) under Manatee County’s Land Development Code, the site supports a wide range of commercial uses, including retail, office, restaurant, and service-oriented businesses. The property spans approximately 142,000 square feet and is ideally suited for standalone developments or mixed-use projects.
Investment Highlights
- Traffic & Visibility: Exceptional exposure on a 4-lane highway with signalized access.
- Sustainability Features: Flat terrain ideal for green building; nearby green spaces for eco-friendly landscaping.
- Comparable Sales: Recent local land sales in GC zones average $300K-$400K/acre, underscoring value.
Positioned in a vibrant retail corridor, the site benefits from dense foot traffic and complementary developments:
- Shopping & Retail: Across from the former DeSoto Square Mall (redeveloping into 140-unit affordable housing), with nearby Ellenton Premium Outlets (10 minutes north) and University Town Center (20 minutes south). Desoto Junction shopping center directly opposite offers diverse tenants like grocery and services.
- Dining Options: Over 90 restaurants within 5 miles, including top-rated spots like Taverna Toscana (Italian, 4.6/5), Tiramisu Ristorante (4.8/5), and PIER 22 (seafood, 4.6/5). Waterfront eateries along the Manatee River add experiential appeal.
- Entertainment & Recreation: Proximity to golf courses, Sarasota Bay marinas, and beaches; family-friendly events at nearby GT Bray Park.
- Lodging & Tourism: Hotels like those on Sarasota Bay (e.g., with marina views) within 15 minutes, boosting seasonal traffic.
- Growth Potential: Bradenton’s population has grown to 55,698 (2020 census), with ongoing mall redevelopment signaling revitalization. The area’s “high growth” status positions this site for appreciating values in retail and mixed-use sectors.
Features
DeSoto Redevelopment Adjacent
Zoning Versatility
I-75 5-Min Access
Demographics
Planted on Cortez Road’s sun-soaked spine—a high-traffic lifeline bridging I-75 to Gulf beaches—the site harnesses 30,000+ daily vehicles in Bradenton’s coastal renaissance, luring retirees and tourists to prime pads for evergreen retail and service plays
- The 1-mile hub buzzes with 19,274 residents across ~8,000 households, skewed to 45+ medians and 68% families—value hunters with $49K incomes priming quick-serve spots amid 54K AADT waves for hyper-local capture and 10%+ footfall uplift.
- Stretching to 3 miles engulfs 123,883 residents in 50,000+ households, where 17% growth forecast (to 145K by 2030) masks steady 4% unemployment and renter-heavy density—channeling $15B+ regional sales into mixed-use havens for beach commuter gold.
- The 5-mile sweep claims 196,253 residents over 85,000 households, riding Manatee County’s 12% pop surge to 2045 as Florida’s retiree runway—blending $60K+ medians with seasonal swells for 20% appreciation in tourism-tied retail, all within 10-min beach orbit.
- At heart, this corridor embodies coastal grit-to-glam—proximity to DeSoto’s housing boom and Anna Maria’s 1M+ annual visitors crafts event-tourist synergy, turning US 41 into a developer darling for 15%+ yields in a sub-5% vacany powerhouse.