The subject property consists of 10 +/- acres spread across five tax ID parcels in Venice, FL. The property contiguous to the north is a planned development for Sarasota Memorial Hospital Laurel Road Campus, which is a 315,000 +/- SF medical center. The growth rate within a 2 mile radius of the subject is growing 46.8% faster than Sarasota County.
We believe that the highest and best use for this property would be for medical office.