2956 Executive DrVenice, FL 34292

  • Commercial land
  • 2.99 AC
For Sale
$2,000,000 View listing

Property Details for 2956 Executive Dr

Lot size
2.99 AC
Zone code
EVA; CHI
Property type
Commercial land
APN
0415-02-0004
APU
415020004

Description

This exceptional 3-acre commercial land parcel, located at 2956 Executive Drive in Venice, Florida (zip code 34292), presents a unique investment opportunity. Zoned CHI, this highly visible property boasts an ideal location near the I-75 interchange, offering unparalleled exposure to a substantial daily traffic volume. I-75 sees an average daily traffic count of 96,500 vehicles, while Jacaranda Boulevard registers 36,000. The site benefits from off-site stormwater management, simplifying development complexities. This strategic location places the property in close proximity to key amenities and a rapidly growing residential area. Projected residential growth in the area is estimated to reach 107,146 residents by 2028, ensuring a robust and expanding market for commercial ventures. The property's proximity to Sarasota Memorial Hospital, Venice's beautiful beaches, and the award-winning Wellen Park master-planned community further enhances its appeal and potential for significant return on investment. The asking price for this remarkable opportunity is $2,000,000. This 3-acre parcel in Sarasota County offers developers and investors a chance to capitalize on a thriving market and prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $39,482,248
    Hospitality
    $36,165,528
    Educational
    $30,089,294
    Medical
    $31,124,110
    Retail
    $46,805,568

Location Insight

City
Venice
County
Sarasota
State
Florida
Latitude
27.1085
Longitude
-82.3798
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,277
$1,574,000
-
$1,574,000
-
$1,574,000
-
$1,574,000

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