4291 Tamiami TrlVenice, FL 34285

Property Details for 4291 Tamiami Trl

Year built

1993

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

12.47 AC

Property size (Sq ft)

30,673 SF

Zone code

CG

Property type

Retail properties

Property subtype

Community centers

APN

0448-10-0001

APU

448100001

Description

Located in the vibrant city of Venice, Florida, Jacaranda Crossings offers exceptional retail space for lease. This prominent commercial property boasts a total of 320,422 square feet, providing ample room for a variety of businesses. Currently, there are 10,800 square feet of vacant space available, divisible into units ranging from a minimum of 1,600 square feet to a maximum contiguous space of 9,200 square feet. This flexibility allows for businesses of various sizes to find the perfect fit. The property is situated at 4291 Tamiami Trail, in Sarasota County, zip code 34285, ensuring high visibility and accessibility for customers. The multiple tenancy structure fosters a thriving and diverse commercial environment. This prime location in Venice offers significant potential for growth and success. The property's size and layout provide opportunities for both established businesses seeking expansion and new ventures looking for a strong foothold in a bustling market. With its convenient location and flexible space options, Jacaranda Crossings presents a compelling opportunity for businesses seeking a high-traffic, well-positioned retail space in Sarasota County. The property is categorized as retail commercial space and is ready for immediate occupancy. Interested parties are encouraged to inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $11,960,397

  6.5%

  $11,040,367

  7%

  $10,251,769

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,506,311

  Geo Method

  $14,116,561

• Alternative Use

  Use

  Valuation

  Residential

  $9,312,962

  Hospitality

  $8,530,623

  Educational

  $7,097,378

  Medical

  $7,341,468

  Retail

  $11,040,367

Location Insight

City

Venice

County

Sarasota

State

Florida

Latitude

27.0515

Longitude

-82.3893

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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