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4605 26th Street W - Hold For Development Site, Bradenton, FL

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4605 26th Street W - Hold For Development Site

Bradenton, FL 34207-1702 - Manatee Submarket

Property Type:Land Parcel Size:4.63 Acres
Zoning:PDR Zoned Acreage
For Sale Price:$925,000 Price/Acre:$199,870 Price/SF:$4.59

Proposed Use:Commercial, MultiFamily, Apartment Units - Dorms

On-Site Improv:Raw land

Vacant Land For Sale. Great Property for a a multi-family development with over 40 units allowed. Located just off Cortez Rd on 26th St West.

Sale Notes:
Zoned: RDD-6 and GC. (Front 26th street of the parcel can be developed for retail)

Concept plans for 52 townhouse units (2 dwellings per unit), and concept plans for 280 bed assisted living facility (ALF)* available.

Bus stop located directly in front of the property

*Preliminary ALF Assumptions
Assumption of 280 Residents
Common (Living & Dining) Area per Resident: 35sf
Bedroom Area per Resident: 80 sf
One Parking Space per 3 Residents
One Parking Space per Staff (one staff member per 6 residents)
Required Common Area: 280 x 35 =9,800 sf
Required Bedroom Area: 280 x 80 =22,400
Required Resident Parking: 280/3 =93 parking spaces
Required Staff Parking: 280/6 =47 parking spaces
Total Required Parking: 140 parking spaces
Total Provided Parking: 137 parking spaces
Total Building Area Required: 32,200 sf
Excellent location! Directly on 26th Street, a major north south artery in West Bradenton. And 1/3rd of a mile walk south of Cortez Road, the primary retail avenue in Bradenton!!!
Also, located adjoining the Park Plaza Shopping Center and the Bay Club Apartment Homes complex and alongside the Hope Lutheran Church campus and just south of the Gates of Bradenton senior community.

RE/MAX Alliance Group, Inc.
Stan Rutstein
(941) 758-7777

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