SW Hwy 17, Arcadia, FL 34269
Marcus & Millichap presents Bridlewood of Arcadia, a unique opportunity for a great return on investment in Phase 1 of a mixed-use development project and providing much needed affordable and efficient housing to the community. The site was recently rezoned to PUD, which will allow for the development of 1,500 residential units, 1.5 million SF of industrial space, and 150,000 SF of commercial space.
Offered for sale is Phase 1, consisting of 443 approved single-family lots covering approximately 130-acres of the 411-acre mixed-use PUD.
Bridlewood of Arcadia is located on the east side of US Highway 17 and south of Madison Avenue in southwest Desoto County. The subject property is approximately 9.5 miles northeast of the I-75 & Kings Highway interchange, 10 miles northeast of downtown Port Charlotte, and 10 miles northeast of the Punta Gorda Airport. South of the subject property is the Walmart Distribution Center just one mile away.
The commute to downtown Arcadia is approximately 15 minutes, 15 minutes to the Punta Gorda Airport, and 25 minutes to downtown Port Charlotte.
Population growth in the surrounding area has been average, with income levels increasing. This has a positive effect on retail and services related to real estate demand. This trend is projected to continue into the foreseeable future. The neighborhoods convenient access to retail, commercial, and employment centers in Arcadia and the North Port/Port Charlotte area enhance its desirability for new housing.
Marcus & Millichap presents Bridlewood of Arcadia, a unique opportunity for a great return on investment in Phase 1 of a mixed-use development project and providing much needed affordable and efficient housing to the community. The site was recently rezoned to PUD, which will allow for the development of 1,500 residential units, 1.5 million SF of industrial space, and 150,000 SF of commercial space.
Offered for sale is Phase 1, consisting of 443 approved single-family lots covering approximately 130-acres of the 411-acre mixed-use PUD.
Bridlewood of Arcadia is located on the east side of US Highway 17 and south of Madison Avenue in southwest Desoto County. The subject property is approximately 9.5 miles northeast of the I-75 & Kings Highway interchange, 10 miles northeast of downtown Port Charlotte, and 10 miles northeast of the Punta Gorda Airport. South of the subject property is the Walmart Distribution Center just one mile away.
The commute to downtown Arcadia is approximately 15 minutes, 15 minutes to the Punta Gorda Airport, and 25 minutes to downtown Port Charlotte.
Population growth in the surrounding area has been average, with income levels increasing. This has a positive effect on retail and services related to real estate demand. This trend is projected to continue into the foreseeable future. The neighborhoods convenient access to retail, commercial, and employment centers in Arcadia and the North Port/Port Charlotte area enhance its desirability for new housing.
