915 - 925 S Tamiami Trail, Venice, FL
0.86 acre redevelopment site with high traffic exposure.
- Added:
- Feb 19, 2025
- Days on Market:
- 475
- Last Refresh:
- May 20 at 8:53 pm
Property Features for 915 - 925 S Tamiami Trail
General Information
- Standard status
- Active
- Size
- 5,624 SF
- Lot size
- 1.30 Acres
- Property subtype
- RETAIL
Listing agent Loyd Robbins License #3577625 (941) 356-9659
Listing office Loyd Robbins & Co. LLC (941) 356-9659
Listing date Feb 19, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Loyd Robbins & Co. LLC
HighLights
- Prime redevelopment opportunity on the Island of Venice.
- High‑traffic location with 190' frontage on S Tamiami Trail/Business 41 (approx. 30,000 vehicles per day).
- Significant value‑add potential through new construction or complete site redevelopment.
- Existing fully leased 4‑unit building provides immediate income.
- Large .86‑acre parcel.
- Existing parcel is being subdivided.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.0k | $24.00 |
| − Vacancy | −$9.4k | −$1.68 |
| EGI | $125.5k | $22.32 |
| − OpEx | −$37.7k | −$6.70 |
| NOI | $87.9k | $15.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4365
- Latitude
- 27.0842