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    Myakka City Commercial Complex

    37220 GLENWOOD AVENUE Myakka City, FL 34251

    37220 GLENWOOD AVENUE, Myakka City, FL, 34251
    $900,000
    For Sale
    Claim this Listing
    $900,000

    Office - MYAKKA CITY, FL

    Property Size3,338 SF
    Lot Size2.40 Acres
    Price / SF$269.62
    AddedDec 15, 2025
    Days on Market212
    Last RefreshJul 15 at 9:06 am

    Property Features for 37220 GLENWOOD AVENUE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    VIL
    Security features
    Fire Alarm
    Standard status
    Active
    APN
    192000107
    Size
    3,338 SF
    Lot size
    2.40 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6900

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2000
    Flooring type
    Laminate, Linoleum, Tile, Tile - Ceramic
    Building materials
    Block, Frame, Stucco, Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    Listing agent Christina Dakin License #0636561

    Listing office EXIT KING REALTY 1804 Tamiami Trail S., Venice, FL

    Listing date Dec 15, 2025

    MLS# A4675359 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This commercial complex is located in Myakka City and includes four parcels. The main building, previously a real estate office, features two separate addresses and bathrooms, allowing for two potential leases. Inside, there is a reception area, a large office area suitable for multiple desks, a conference room, and a private office. The second building, formerly a medical office, contains three examination rooms, a business office, and two bathrooms, and could be modified for other uses. The third building has metal sides and has been used for storage. The property includes two wells. The buildings' configuration allows for multiple tenants or departments. Situated with high visibility on State Road 70 in a high-traffic area, the property offers potential for a commercial or business presence in a growing rural market. The limited business areas in Myakka make this a potentially valuable location. The property size is 3338 square feet, and the lot size is 2.4 acres.

    Key Highlights

    • High visibility from State Road 70 in a high‑traffic area.
    • Four parcels included in the sale.
    • Main building configured for two separate leases with individual entrances and bathrooms.

    Local Financial Insights For Office B

    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 $76.9k $23.04
    − Vacancy −$4.2k −$1.27
    EGI $72.7k $21.77
    − OpEx −$18.2k −$5.44
    NOI $54.5k $16.33
    3,338 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $778.7K
    $681.4K – $908.5K (±1% cap)
    NOI $54,508 @ 7.0% cap · market cap 6.06%
    Second Best
    Healthcare Medical
    $736.2K
    $644.2K – $858.9K (±1% cap)
    NOI $51,534 @ 7.0% cap · market cap 5.73%
    Theoretical Best
    Office A
    $981.6K
    $858.9K – $1.15M (±1% cap)
    NOI $68,712 @ 7.0% cap · market cap 7.63%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

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    FAQs

    What type of property is this?
    Office building - Commercial complex in Myakka City with multiple buildings.
    Where is this office building located?
    The property is located at 37220 GLENWOOD AVENUE Myakka City, FL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: High visibility from State Road 70 in a high‑traffic area.; Four parcels included in the sale.; Main building configured for two separate leases with individual entrances and bathrooms.
    Contact an agent
    (941) 737-5058
    We can help!
    Contact an agent
    Christina Dakin
    Real Estate License ID: 0636561
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