Neal Communities buys land for 400-home Indigo community


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  • | 8:00 a.m. September 5, 2014
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  • Manatee-Sarasota
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BUYER: Empire State Holding Group LLC (managers: Patrick Neal and James Schier), Sarasota
SELLER: Schroeder-Manatee Ranch Inc.
PROPERTY: the corner of White Eagle Boulevard and 44th Avenue, Lakewood Ranch
PRICE: $8.29 million

PLANS, DESCRIPTION:
Neal Communities purchased 111 acres at the northeast corner of Central Park in Lakewood Ranch for $8.29 million.

The price equated to $74,652 per acre.

 

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