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    Venice Redevelopment Opportunity on Tamiami Title is generated by Realmo AI

    915 - 925 S Tamiami Trail, Venice, FL

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    0.86 acre redevelopment site with high traffic exposure.

    Type:RETAIL
    Property size:
    5,624 SF
    Lot size:
    1.30 Acres
    Price / SF:
    $240/SF
    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

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    Listing Contact
    Loyd Robbins
    Loyd Robbins

    Listing agent Loyd Robbins License #3577625

    Listing office Loyd Robbins & Co. LLC

    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

    This 0.86-acre property on the Island of Venice presents a redevelopment opportunity with 190 feet of frontage on South Tamiami Trail/Business 41. The location benefits from high visibility, with approximately 30,000 vehicles passing by daily. The existing parcel is being subdivided, with the seller retaining the rear portion of the property. The site currently includes a fully leased, two-story building with 5,352 square feet, comprising four units. There is potential to add value by constructing an additional building on the available land or redeveloping the entire site to maximize income potential.

    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
    5,624 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.26M
    $1.10M – $1.46M (±1% cap)
    NOI $87,869 @ 7.0% cap · market cap 6.51%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.60M
    $1.40M – $1.86M (±1% cap)
    NOI $111,887 @ 7.0% cap · market cap 8.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4365
    Latitude
    27.0842

    FAQs

    What type of property is this?
    Storefront property - 0.86 acre redevelopment site with high traffic exposure.
    Where is this storefront property located?
    The property is located at 915 - 925 S Tamiami Trail Venice, FL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 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.
    (941) 356-9659 Call to check price and availability
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