Undisclosed Delaware company buys school district's Checkers property

BUYER: Bradenton 14 LLC, Cincinnati
SELLER: The School Board of Manatee County, Florida
PROPERTY: 115 W. Manatee Ave. and 500 W. First St., Bradenton
PRICE: $1.4 million
PREVIOUS PRICE: $75,000, September 2001
LAW FIRM ON DEED: Dye Deitrich Petruff & St. Paul PL, Bradenton

PLANS, DESCRIPTION: An undisclosed Delaware company purchased a 7,500-square-foot former Checkers Drive In restaurant building on 1.36 acre of land for $1.4 million.

The price equated to $1.03 million per acre. That figure is more than the two-year average price per acre for retail land ($893,571) in the Tampa Bay area, according to the CoStar Group.