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    Restaurant Building Near Downtown Venice Title is generated by Realmo AI

    200 S Tamiami Trl, Venice, FL

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    Commercial parcel with restaurant near downtown Venice, Florida.

    Type:RETAIL
    Property size:
    1,344 SF
    Lot size:
    0.28 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    174
    Last Refresh:
    Apr 5 at 8:34 pm

    Property Features for 200 S Tamiami Trl

    General Information

    Standard status
    Active
    Size
    1,344 SF
    Lot size
    0.28 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Kevin L Robbins
    Kevin L Robbins

    Listing agent Kevin L Robbins License #SL3042951

    Listing office Harry Robbins Assoc Inc

    Listing date Nov 24, 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 Harry Robbins Assoc Inc

    HighLights

    • Highly visible corner location on S. Tamiami Trail and Tampa Avenue with dual street frontage and prominent signage.
    • Freestanding 1,344 square foot restaurant building on a 12,000 square foot commercial parcel.
    • Zoned for commercial use, suitable for food service, retail, or owner‑user occupancy.
    • Immediate passive income potential with existing tenant under a market‑rate lease.
    • Steps from Downtown Venice and walking distance to Centennial Park and Venice Theatre.
    • Surrounded by a dense mix of retail, residential, and visitor foot traffic.

    Overview

    This commercial parcel, situated at the signalized corner of S. Tamiami Trail and Tampa Avenue, features a freestanding 1,344 square foot restaurant building on approximately 12,000 square feet of land. The corner location provides frontage on two streets, prominent signage visibility, and efficient access from both major corridors. Zoned for commercial use within the City of Venice, the site is suitable for continued food service operations, retail tenancy, or owner-user occupancy. The existing tenant occupies the space under a market-rate lease, offering immediate passive income potential. Located steps from Downtown Venice and within walking distance of Centennial Park and Venice Theatre, the property is surrounded by a dense mix of retail, residential, and visitor foot traffic, supporting long-term rental demand and future redevelopment optionality.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fred Astaire Dance ... Training Center Suncoast Periodontics Dental Office Nataliya Veshapidze Realtor, ... Real Estate Agency Venetian Waterway Park Water Park Animal Alley Grooming Pet Grooming Service

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4436
    Latitude
    27.1015

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    FAQs

    What type of property is this?
    Restaurant - Commercial parcel with restaurant near downtown Venice, Florida.
    Where is this restaurant located?
    The property is located at 200 S Tamiami Trl Venice, FL.
    What are key features of this property?
    This property features: Highly visible corner location on S. Tamiami Trail and Tampa Avenue with dual street frontage and prominent signage.; Freestanding 1,344 square foot restaurant building on a 12,000 square foot commercial parcel.; Zoned for commercial use, suitable for food service, retail, or owner‑user occupancy.
    (941) 924-8346 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin L Robbins
    Kevin L Robbins
    Real Estate License ID: SL3042951
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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