Two-Unit Mixed-Use
New
For Sale
$1,200,000
201 US HIGHWAY 41 BYPASS S, Venice, FL 34285
Separate meters, public water and sewer, and off-street parking serve the property.
Property Size3,983 SF
Lot Size0.40 Acres
Price / SF$301.28
Days on Market4
Property Features for 201 US HIGHWAY 41 BYPASS S
General Information
Standard status
Active
Size
3,983 SF
Lot size
0.40 Acres
Property subtype
Mixed Use
Zoning
CG
Additional Details
Utilities to Site
Yes
Amenities
0.4 acres
Additional parcels description:, Parcel Number: 0410050091, Public Survey Range: 19, Public Survey Section: 08, Annual Amount: $8,210, Tax Block: 225, Tax Book Number: 468-741, Legal Description: LOTS 19 THRU 24 BLK 225 NORTH EDGEWOOD SECTION OF VENICE, Lot: 19, Year: 2025, Zoning: CG
Central Air
Listing ID: MFRN6146150, Standard Status: Active, MLS Status: Active, Property Subtype: Mixed Use, On market as of 2026-10-10, Special Conditions: None
Built in 1962, Living area: 3139, Living area units: Square Feet, Construction Materials: Block, Stucco
Subdivision: NORTH EDGEWOOD SEC OF VENICE, MLS Area (Major): 34285 - Venice, County/Parish: Sarasota
Slab
Frontage Type: County Road, Road Surface: Asphalt, Paved
Building Details
Year Built
1962
Buildings
1
Listing Agency:
RE/MAX PALM REALTY OF VENICE
(941) 451-2025
Listed By:
Regina Melman · License #3455400
(941) 525-6818
Source:
Miharaandassociates
Added: Oct 10
Changed: Oct 13
Last Checked: Oct 13 at 2:17AM
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 RE/MAX PALM REALTY OF VENICE
Investment Insights
Based on property information with market context.
The 3,983-square-foot commercial building dates to 1962 and contains two distinct units, each with a separate meter. The 0.40-acre site includes off-street parking and is served by public water and sewer. CG (Commercial General) zoning applies, and the property is stated to be outside a flood zone.
Positioned on US 41 Bypass S in Venice, the property is near downtown Venice Island, Venice Avenue, Center Road, shopping, dining, and established neighborhoods. The site encompasses 17,424 square feet.
Positioned on US 41 Bypass S in Venice, the property is near downtown Venice Island, Venice Avenue, Center Road, shopping, dining, and established neighborhoods. The site encompasses 17,424 square feet.
Key Highlights
- Two units, each with a separate meter
- 3,983‑square‑foot building constructed in 1962
- 0.40‑acre site totaling 17,424 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,947
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,940
$1.4M
Cap Rate 7%
$1,013,529
$1.0M
Cap Rate 9%
$788,300
$788.3K
Market Conditions
NOI Build-Up for 3,983 SF
Gross rent
$119.5K $30.00/SF
− Vacancy
−$6.0K −$1.50/SF
EGI
$113.5K $28.50/SF
− OpEx
−$42.6K −$10.69/SF
NOI
$70.9K $17.81/SF
Area
Sarasota County, FL
Vacancy
5.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,940
Cap Rate 7%
$1,013,529
Cap Rate 9%
$788,300
Alternative Uses
Best Use
Mixed Use
$1.01M
$886.8K – $1.18M
NOI $70,947 @ 7.0% cap · market cap 5.91%
Second Best
Retail
$889.0K
$777.9K – $1.04M
NOI $62,230 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.13M
$990.5K – $1.32M
NOI $79,240 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,425
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 30%
Apparel 9%
Electronics 4%
Circle K
Shops & Services
13,774 visits/mo
0.1 miles
Mexico Restaurant
Dining
7,147 visits/mo
0.5 miles
Goodwill
Apparel
2,907 visits/mo
0.4 miles
Thai Bistro
Dining
2,144 visits/mo
0.2 miles
Avis Budget Car Rental
Shops & Services
1,853 visits/mo
0.0 miles
Demographics for 34285, FL
18,971
Population
16,081
Households
1.2
Avg Household Size
70
Median Age
40%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
2,286
Density / Sq Mi
$67,712
Median Household Income
$37,959
Median Earnings
$1,485
Median Rent
$295,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate meters, public water and sewer, and off-street parking serve the property.
Where is this mixed-use property located?
The property is located at 201 US HIGHWAY 41 BYPASS S Venice, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two units, each with a separate meter; 3,983‑square‑foot building constructed in 1962; 0.40‑acre site totaling 17,424 square feet
