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    12134 Mercado Dr Venice, FL

    For Lease
    $3,200,000

    Prime vacant land in Wellen Park's West Villages area.

    Property size:
    49,048 SF
    Lot size:
    1.13 Acres

    Property Features for 12134 Mercado Dr

    General Information

    Size
    49,048 SF
    Lot size
    1.13 Acres

    Source: Ian Black Real Estate, LLC Agent Jag Grewal CCIM, SIOR

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

    Overview

    Wellen Park Vacant Land Lease

    This vacant land is available for lease in the West Villages area of Wellen Park. The location is suitable for retail, restaurant, day spa, urgent care, or other commercial ventures. The master-planned community is projected to include approximately 22,000 homes upon completion. The property benefits from a strong tenant mix, with established businesses such as 7-Eleven, Publix, Chase Bank, and ACE Hardware nearby. It features road frontage with high daily traffic volume. The property is located in a growing community with an expanding population, offering potential for future business development. The property has a size of 49048 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.450821
    Latitude
    27.099283

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    FAQs

    What type of property is this?
    Land - Prime vacant land in Wellen Park's West Villages area.
    Where is this land located?
    The property is located at 12134 Mercado Dr Venice, FL.
    What are key features of this property?
    This property features: - Prime Location in Rapidly Growing West Villages Area of Wellen Park: Positioned within a master-planned community projected to reach 22,000 homes.; - High Foot Traffic: Surrounded by established businesses including 7-Eleven, Publix, Chase Bank, and ACE Hardware.; - Excellent Road Frontage: Benefit from prime visibility with high-volume daily traffic.
    (941) 356-5042
    Request Owner's contact information
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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
    12134 Mercado Dr Venice, FL
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