The subject property consists of approximately 16.96+/- acres spread across six tax ID parcels in Venice, FL. The Sarasota Memorial Hospital Laurel Road Campus is a 315,000 ± SF medical center located at Laurel Rd & I-75. The growth rate within a 3-mile radius of the subject is growing 57% faster than Sarasota County.
We believe that the highest and best use for this property would be to rezone for RM-2 (9 units per acre) and develop it as a for-sale residential/townhome.