NORTH PORT LAND PORTFOLIO · Contact 2 & Bio 1 South School Avenue Sarasota, FL 34237 T...

YORKSHIRE STREET AT OLEANDER DRIVE, NORTH PORT, FL 34288

NORTH PORT LAND PORTFOLIO

All materials and information received or derived from Ian Black Real Estate its directors, officers, agents, advisors,affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, oraccuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements,developability or suitability, financial performance of the property, projected financial performance of the property for anyparty’s intended use or any and all other matters.

Neither Ian Black Real Estate its directors, officers, agents, advisors, or affiliates makes any representation or warranty,express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received.Materials and information from any source, whether written or verbal, that may be furnished for review are not asubstitute for a party’s active conduct of its own due diligence to determine these and other matters of significance tosuch party. Ian Black Real Estate will not investigate or verify any such matters or conduct due diligence for a partyunless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conducttheir own inspections and investigations including through appropriate third party independent professionals selected bysuch party. All financial data should be verified by the party including by obtaining and reading applicable documentsand reports and consulting appropriate independent professionals. Ian Black Real Estate makes no warranties and/orrepresentations regarding the veracity, completeness, or relevance of any financial data or assumptions. Ian Black RealEstate does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptionsregarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarilymean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual andgovernmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents fromor for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party witha certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer orattorney. Questions regarding the condition of the property and whether the property complies with applicablegovernmental requirements should be discussed by the party with appropriate engineers, architects, contractors, otherconsultants and governmental agencies. All properties and services are marketed by Ian Black Real Estate incompliance with all applicable fair housing and equal opportunity laws.

CONFIDENTIALITY & DISCLAIMER


P R O P E R T Y I N F O R M AT I O N

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L O C AT I O N I N F O R M AT I O N

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D E M O G R A P H I C S

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C O N TA C T S & B I O S

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TABLE OF CONTENTS

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PROPERTY INFORMATION

41 South School Avenue Suite 600 | Sarasota, FL 34237 | ian-black.com

PROPERTY OVERVIEWOpportunity to purchase entire 390 acre portfolio comprised of commercial general, residential single familyand multi-family, as well as industrial/governmental uses along I-75 in North Port, FL. Located in a plannedmixed use community, the parcels are primarily located on the north side of I-75. Roads are in place andseveral major streets are paved. The parcels are fully platted and many are contiguous, allowing a developerthe opportunity to take advantage of work that has already been completed and flexibility to attract a variety ofusers. A complete list of parcel numbers and additional information available on request.

With a 3.3% increase in population, North Port was the fastest growing city in the Sarasota/Manatee region in2015-16, according to the Census Bureau. North Port's continued expansion is based on 3 factors:Opportunity, Affordability and Quality of Life. Availability of small business-generated jobs, affordable cost ofliving and a younger, vibrant community with a median age of 42 helps maintain North Port's positive image.Plans for a $12 million aquatic center and newly approved Atlanta Braves spring training complex near theWest Villages will continue to add to the city's appeal in the coming years. The West Villages planned mastercommunity has surpassed Sarasota's Lakewood Ranch in residential sales in 2016-17 and will continue tospur growth and area amenities, attracting a range of home buyers.

PROPERTY HIGHLIGHTS

• Take advantage of work already completed.

• Portfolio of 91 parcels, many contiguous, all fully platted.

• Roads are in place in planned, mixed use community.

• Zoning includes Commercial General, Single Family and Multi Family, Utility and Government use.

• Excellent visibility along I-75 corridor.

PROPERTY SUMMARY

Sale Price: $2,900,000

Lot Size: 390 Acres

APN #: 91 parcels - multiple ID #'s

Zoning: CG2, SF, MF, Utility,Government Use

Market: Bradenton Sarasota North Port

Sub Market: North Port

Cross Streets: Yorkshire Street, Oleander Drive

PROPERTY INFORMATION Section: 1 Confidential Offering Memorandum

Executive Summary



Coded Portfolio Parcel Map



Coded Parcel Map- North Central



Coded Parcel Map - South



North Port, FL

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LOCATION INFORMATION


LOCATION INFORMATION Section: 2 Confidential Offering Memorandum

Location Maps


LOCATION INFORMATION Section: 2 Confidential Offering Memorandum

Aerial Map

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DEMOGRAPHICS


* Demographic data derived from 2010 US Census

1 Mile 5 Miles 10 Miles

Total Population 1,821 43,440 139,910

Population Density 580 553 445

Median Age 37.0 45.5 47.9

Median Age (Male) 36.2 44.4 46.5

Median Age (Female) 37.3 46.1 48.9

Total Households 653 17,950 59,337

# of Persons Per HH 2.8 2.4 2.4

Average HH Income $62,563 $57,307 $54,464

Average House Value $215,468 $203,191 $218,165

DEMOGRAPHICS Section: 3 Confidential Offering Memorandum

Demographics Map

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CONTACTS & BIOS


1 South School AvenueSarasota, FL 34237

T 941.906.8688 x111C [email protected]

Broker AssociateMATT KEZAR Professional Background

Matt Kezar joined Ian Black Real Estate in May 2016 as a Broker Associate with extensive experience incommercial real estate acquisition, entitlement, development, sales, and leasing.

A Tampa Bay native, Matt enjoyed a military education and career before actively pursuing real estatedevelopment. Through his involvement as Vice President at MBK Real Estate Services, Inc., Executive VicePresident at Corvus International, a Partner of The Bennett Group, and Principal of Blackrock DevelopmentHoldings, Matt honed a wide range of skills and the ability to perform on complex projects.

Matt was recognized by the Gulf Coast Business Review as a ‘Top 40, Under 40 Business Leader’ in the TampaBay area.

Memberships & AffiliationsNational, Florida and Sarasota/Manatee Associations of RealtorsSarasota/Manatee Chambers of CommerceDirector - Open Doors FoundationFormer Board member - Boys & Girls Club of Manatee CountyBradenton Yacht ClubOur Daily Bread Soup KitchenMatt was also selected to the President’s Council of the Manatee County Economic Development Council

EducationMatt is a West Point Graduate who earned a BS Degree in Engineering & Management, was a CommissionedOfficer and Brigade Environmental Officer in the United States Army and completed training in the US ArmyAirborne and Nuclear, Biological & Chemical Warfare Schools.

CONTACTS & BIOS Section: 4 Confidential Offering Memorandum

Contact 1 & Bio


Contact 2 & Bio

1 South School AvenueSarasota, FL 34237

T 941.906.8688 x101C 941.320.1282F [email protected]


JOANNA GINDERSales Agent

Professional BackgroundJoanna obtained her Florida real estate in 1996 and was an associate with Keller Williams Select in LakewoodRanch, prior to joining Ian Black Real Estate in November 2014. Bringing her expertise in Sales and Marketing andin-depth market knowledge of the area, Joanna works closely with Nick DeVito II and specializes in helpingindividuals and companies achieve their business goals.

Joanna was born and raised in New Jersey, finding her way to Sarasota in 1994 and has lived in the Sarasota/Lakewood Ranch area for over two decades, raising a family and being actively involved in the Lakewood RanchCommunity. She co-founded Tele-Name Communications in 1992, which owns and leases vanity 800 and 888numbers on an area code basis nationwide. Joanna is Vice-President of Sales and Marketing at Tele-NameCommunications, as well as actively building a commercial real estate client base.

Memberships & AffiliationsNational, Florida and Sarasota/Manatee Associations of RealtorsSarasota/Manatee Chambers of CommerceCID


Contact 3 & Bio

T 941.906.8688 x112C 941.928.1243F [email protected]

1 South School AvenueSuite 600


Sales Agent/PartnerProfessional BackgroundNick DeVito grew up in Sarasota after being born in Ocala, FL. Both of his parents are graduates of Sarasota HighSchool, so his roots run deep within the community. He spent almost two decades traveling across the countryworking with high volume jewelry wholesale/retail clients to help market their merchandise to drive customers intotheir stores.

After having five children with his wife Susan, a decision was made to work locally and spend more time with thefamily. While attending the University of Florida and graduating with his B.A. at the College of Business, Nick tookseveral classes that focused on Real Estate. After passing the real estate exam, he worked for 4 years with a smallcommercial start up company. He has specialized in office and retail commercial properties which includes sometenant representation work across the state.

Nick holds the prestigious designation as a member of the Society of Industrial and Office Realtors (SIOR) and hasassisted many corporations, institutional and retail clients in acquisition or leasing.

Nick currently serves on the board at The First Tee of Sarasota/Manatee, is a member at Sarasota Baptist Church,and volunteers time with the youth group. Any spare time Nick has he spends on the golf course trying to figure outhis short game!

Memberships & AffiliationsNational, Florida and Sarasota/Manatee Association of RealtorsSarasota & Manatee Chambers of Commerce

EducationBachelor of Arts - University of Florida, College of BusinessCCIM Candidate

NICK DEVITO II, SIOR

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NORTH PORT LAND PORTFOLIO · Contact 2 & Bio 1 South School Avenue Sarasota, FL 34237 T...

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