101 San Marco DrVenice, FL 34285

Property Details for 101 San Marco Dr

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.24 AC

Property size (Sq ft)

2,917 SF

Zone code

ST2

Property type

Office buildings

APN

0429-11-0020

APU

429110020

Description

This single-story, 2,917 square foot freestanding office building is situated on a 10,498 square foot corner lot at 101 San Marco Drive in Venice, Florida. Built in 1978, the property features two units and is zoned ST2. Its convenient location off US-41 provides excellent accessibility and high visibility, enhancing its commercial appeal. The building's location on the desirable island of Venice adds to its prestige and value. The property's address is 101 San Marco Dr, Venice, FL 34285, with APN 0429110020. Currently tenant-occupied, this property presents a strong investment opportunity. Please note that the building is a single-story structure. The property is suitable for medical or traditional office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $773,764

  6.5%

  $714,244

  7%

  $663,226

• Comparable approach

  Method

  Valuation

  Relative Method

  $585,178

  Geo Method

  $532,732

• Alternative Use

  Use

  Valuation

  Residential

  $885,662

  Hospitality

  $811,262

  Educational

  $674,960

  Medical

  $698,173

  Retail

  $1,049,938

Location Insight

City

Venice

County

Sarasota

State

Florida

Latitude

27.0887

Longitude

-82.4447

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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