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A 29-acre parcel of land on Clark Road (outlined in red) recently sold for $5.5 million — more than $2 million greater than the 2011 transaction of the parcel.
Sarasota Monday, Jul. 29, 2013 1 year ago

Sarasota firm makes major land purchase

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by: Alex Mahadevan Digital Editor

BRSG Real Estate Holdings LLC, an Ohio firm, sold 29 acres of land on Clark Road to 4900 Clark LLC, a Sarasota-based company, for $5.5 million, according to a July 25 warranty deed.

The vacant parcel sits on the south side of Clark Road between Honore Avenue and McIntosh Road, and was last sold for $3.35 million in 2011, and $11.9 million before that at the height of the real estate bubble in 2007.

The land is zoned for industrial, light manufacturing and warehousing. 

 

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