Approved Self-Storage Development Site

Positioned to capitalize on the continued growth of Florida's Gulf Coast, this 3.09-acre development site presents developers and investors with the opportunity to advance a planned self-storage project in one of Englewood's expanding residential corridors. Located at 1797 Englewood Road, the property is zoned under a binding development concept plan that permits a three-story, 120,975-square-foot self-storage facility, providing a streamlined path toward development within a market experiencing increasing demand for storage solutions. The approved development framework allows investors to focus on execution rather than on entitlement hurdles, while the site's configuration supports a facility serving residents, seasonal homeowners, and local businesses. As population growth and household formation continue across the surrounding area, self-storage demand is expected to strengthen alongside ongoing residential and commercial investment. Fronting Englewood Road, the property benefits from visibility to approximately 23,500 vehicles per day(VPD), enhancing market exposure and long-term operational potential. Adjacent to the Lemon Bay Shopping Center and Oak Grove Mobile Home and RV Park, the site benefits from established consumer activity and a built-in customer base. Boca Royale Golf & Country Club is located nearby, while seamless access to US Highway 41 and Interstate 75 connects the property to broader regional demand centers. Positioned roughly halfway between Sarasota and Fort Myers, the location offers convenient access to two of Florida's most active Gulf Coast markets. Within a 5-mile radius, the population is projected to grow 9% between 2025 and 2030 to more than 62,000 residents, while average household incomes exceed $101,000. Nearby master-planned communities, including Wellen Park, continue to expand the area's economic and residential footprint by attracting new residents, retail investment, and medical infrastructure to greater Englewood. Strong demographic trends, proven accessibility, and established surrounding amenities support a compelling development opportunity for a self-storage facility well-positioned to serve an increasingly affluent, growing customer base. Laura Pugliese is affiliated with and has an ownership interest in the owner/seller of the property.