COUNTY RD 675 MYAKKA CITY FL 34251 MLS #A4553495 | Gary Kusher | Florida Real Estate

Incredible development / land-banking opportunity at the eastern edge of
fast-growing Lakewood Ranch. Located at the corner of SR 70 and CR 675
in Manatee County with tremendous growth all around, this is your chance
to acquire a property that is soon to be in high demand as growth
eastward on SR 70 is expected to continue to increase as evidenced by the
recent combined traffic count escalations to almost 22,000 cars per day.
This intersection is part of Phase 2 in a road widening and development
project occurring along SR 70 from Lorraine Road out to CR 675 and is
expected to begin construction in the second half of 2024. Included in that
project is the widening of SR 70 from 2 lanes to 4 lanes in order to support
commuter and freight traffic that has increased in the area over the last

few years, as well as the construction of a roundabout at the corner of CR-
675 and SR-70 offering unparalleled visibility, lower traffic speeds, and

increased accessibility to the property. In conjunction with the added

roundabout, the “off-ramp” from westbound SR-70 onto northbound CR-
675 will be demolished, making this site a true hard corner. Initially the land

under the demolished roadway will serve as a buffer to the adjacent
properties, however there is potential to have this right-of-way vacated
allowing 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 uses
that support the agricultural community including office, veterinary clinic,
equipment sales, pet kennel, and even a Bed & Breakfast. A potential
rezoning to Commercial would open the door for a dollar store, general
store, 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 hub
allowing access North to South and East to West. CR-675 is a main
north- south road that leads up to SR.64 and northwards into the
exploding Parrish, Florida area. While SR-70 spans the entire state
connecting Bradenton on the west coast, across the state through
premium agricultural and farming areas such as Myakka City, Arcadia,
Okeechobee, and over to the East Coast in Fort Pierce. As such SR-70
has been recognized by the state of Florida as a Strategic Intermodal
System Road as a high priority for transportation throughout the
center of the state.

Not only is this site at a highly trafficked intersection, but it is also
located just outside of Lakewood Ranch. Lakewood Ranch has been
recognized as the #2 top-selling master-planned community in the
nation and recognized by Manatee County as one of four major
growth and focus areas of the County. This site is positioned at the
closest main intersection to the high-end Panther Ridge and Pomello
Ranches subdivisions, as well as the Concession Golf Club. Other
nearby amenities and attractions include The Premier Sports Campus
at Lakewood Ranch, TreeUmph! Adventure Course, Bearadise Ranch
Bear Preserve, and the location of the Sarasota Medieval Fair which is
open throughout the month of November.