Indian Creek hits market for $60 million

A nearly 1,940-acre parcel of vacant land east of Interstate 75 in Sarasota County has come to the market with a hefty asking price of $60 million.

Indian Creek, a property whose access to highways and existing subdivisions is expected to be greatly enhanced when extensions to Lorraine Road are completed in the coming years, is roughly eight miles east of the Interstate, on Fruitville Road.

Dennis Dahm, a commercial real estate agent with Michael Saunders & Co. who is marketing the property on behalf of Sarasota-based investors Indian Creek Investments and BDR Investments, says the land is unique in many respects.