About 498 R and F Ranch Road
The subject property consists of 9.97 +/- acres spread across four 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 and broke ground in the beginning of 2019. 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 to rezone for RM-2 (9 units per acre) and developed as a residential, townhome, or apartment project.