Myakka City Commercial
37220 GLENWOOD AVENUE, Myakka City, FL 34251
Office - MYAKKA CITY, FL
Type:Office
Property size:
3,338 SFLot size:
2.40 AcresPrice / SF:
$269/SF- Added:
- Dec 15, 2025
- Days on Market:
- 166
- Last Refresh:
- May 30 at 11:06 pm
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 (941) 737-5058
Listing office EXIT KING REALTY 1804 Tamiami Trail S., Venice, FL (941) 497-6060
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.
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.
- Second building previously used as a medical office with multiple examination rooms and bathrooms.
- Flexible building configuration suitable for multiple tenants or departments.
- Located in a growing rural market with limited business areas.
Overview
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.
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
NOI $54,508 @ 7.0% cap · market cap 6.06%
Second Best
Healthcare Medical
$736.2K
$644.2K – $858.9K
NOI $51,534 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$981.6K
$858.9K – $1.15M
NOI $68,712 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Myakka City
- County
- Manatee
- State
- Florida
- Longitude
- -82.160911
- Latitude
- 27.347693
Nearby Similar for Sale
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.
