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    Knights Trl & Rustic Rd Nokomis, FL

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    For Sale
    $4,704,480

    Commercial zoned land parcel near residential developments and future connections.

    Lot size:
    7.20 Acres

    Property Features for Knights Trl & Rustic Rd

    General Information

    Lot size
    7.20 Acres

    Source: Loyd Robbins & Co. LLC Agent Loyd Robbins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    7.2 Acres Commercial Zoned Land

    This 7.2-acre commercial-zoned parcel is located on Knights Trail, just north of Laurel Road, at the intersection of Rustic Road and Knights Trail, within the city limits of Venice. Knights Trail is scheduled to connect from Laurel Road to Clark Road (SR 72). The parcel is an outparcel to a development of 300 multi-family units and 400 single-family homes for rent. The adjoining property to the south is being developed into 380 multi-family units. Over 1,500 approved single-family homesites are being developed within a 1-mile radius of the site. Rustic Road is under construction as an east/west connection under I-75 between Laurel Road and Honore Avenue. This site will be developed in conjunction with the multi-family/single-family for-rent community. The site will be delivered with utilities stubbed to the site and off-site water retention.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Nokomis
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4595454
    Latitude
    27.1382893

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    FAQs

    What type of property is this?
    Commercial land - Commercial zoned land parcel near residential developments and future connections.
    Where is this commercial land located?
    The property is located at Knights Trl & Rustic Rd Nokomis, FL.
    What is the asking price?
    The asking price for this property is $4,704,480.
    What are key features of this property?
    This property features: - Commercial zoning on **7.2 acres** located on Knights Trail, a developing thoroughfare.; - Outparcel to a 300 Multi-Family and 400 Single Family for Rent community.; - Utilities stubbed to the site and off-site water retention included.
    (941) 356-9659
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    Knights Trl & Rustic Rd Nokomis, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Knights Trl & Rustic Rd Nokomis, FL
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