1425 Venice AveVenice, FL 34292

Property Details for 1425 Venice Ave

Year built

2003

Lot size

0.97 AC

Property size (Sq ft)

3,045 SF

Zone code

CG

Property type

Retail properties

Property subtype

Banks

APN

0412-05-0015

APU

412050015

Description

This exceptional 3,045-square-foot retail space is available for lease at 1425 E Venice Ave in Venice, Florida. Built in 2003, the property boasts a single-tenant occupancy, offering a blank canvas for your business. The entire building is currently vacant, providing immediate occupancy for a new tenant. Located in Sarasota County, the property is zoned CG (Sarasota County), offering flexibility for a variety of retail uses. The address is conveniently situated at 1425 E Venice Ave, Venice, FL 34292, providing excellent visibility and accessibility. With its generous square footage and prime location, this property presents a unique opportunity for businesses seeking a prominent presence in the vibrant Venice market. The property's single-tenant configuration ensures complete control and customization for the incoming business. The building's 2003 construction suggests a relatively modern structure, potentially minimizing immediate renovation needs. This is an ideal opportunity for a business seeking a well-located, spacious, and readily available retail space in a thriving Florida community. The property's location offers easy access to local amenities and a strong customer base. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,187,344

  6.5%

  $1,096,010

  7%

  $1,017,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,539,358

  Geo Method

  $1,401,393

• Alternative Use

  Use

  Valuation

  Residential

  $924,526

  Hospitality

  $846,860

  Educational

  $704,578

  Medical

  $728,809

  Retail

  $1,096,010

Location Insight

City

Venice

County

Sarasota

State

Florida

Latitude

27.0992

Longitude

-82.4159

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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