Commercial Development Opportunity: This 4.82 acre (MOL) parcel has a future land use of UF-3 which allows for commercial development with a .23 floor-area-ratio (FAR) and up to 30,000 square feet (MOL); more with special approval. The parcel is level and approximately 4% lies in the 500-year flood plain; 1% (MOL) lies in the AE Zone and less than 1% (MOL) might be considered wetlands; the remainder is Zone "X". The Fort Hamer Bridge is being built and is scheduled for completion in early 2017! The subject parcel is located at the first intersection southbound from the bridge. This will be a perfect location when the already busy Upper Manatee River Road receives thousands more vehicles per day. Several large developments presently exist in the neighborhood. Heritage Harbor is planning to build 260 acres (MOL) of apartments and condominiums directly on the southwest corner of the subject intersection. Owner will provide all the time necessary for rezoning in the required PUD in return for reasonable terms and deposits. At $7.14 PSF (MOL), this site is a gem waiting to be polished! Manatee County plans to designate Upper Manatee River Road to Arterial status following the completion of the Ft. Hamer Bridge.
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