Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 S Tamiami Trl Venice, FL 34285

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Car wash with high visibility and income potential.

    Property size:
    2,033 SF
    Lot size:
    0.11 Acres

    Property Features for 700 S Tamiami Trl

    General Information

    Standard status
    Active
    Zoning
    ST2
    Size
    2,033 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1957

    We can help!

    Listing Contact
    Kevin Weinsheimer
    Source: Crexi

    Listing Agency: Tranzon Driggers Listing Agent: Kevin Weinsheimer

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

    Learn more

    Overview

    Car Wash on Tamiami Trail

    This property features a full-service car wash with high income potential. It is located on busy S Tamiami Trail, which has a high traffic volume. The property includes a 1,539+/- square foot building with an automatic conveyor tunnel wash system. Additionally, there is a separate 494+/- square foot building with an office, storage, restrooms, and a covered waiting area. The total square footage under roof is 2,033+/-, built in 1957+/-. The parcel is .11+/- acres, with an additional .16+/- acres leased from the parking lot to the south. The car wash also has a covered area with vacuum stations for detailing and self-service.
    Location Intelligence

    Current Use by Public Records

    Venice Pharmacy Pharmacy Venice Car Wash ... Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4436251
    Latitude
    27.0888287

    Nearby Similar for Sale

    • $335,000
      Pending

      Established Salon Business and Property

      Salon business and property for sale in Venice, Florida.
      244 Tampa Ave W, Venice, FL 34285
      View Details
    • $1,950,000
      Pending

      Venice, FL Retail Opportunity

      Rare investment opportunity in Venice, Florida with redevelopment potential.
      712 E Venice Ave, Venice, FL 34285
      View Details
    • $1,700,000
      Pending

      Venice, FL Retail Opportunity

      Office/retail investment opportunity in Venice, Florida with redevelopment potential.
      744 E Venice Ave, Venice, FL 34285
      View Details
    • $767,900
      2,199 SF

      Venice Island Duplex Opportunity

      Charming duplex on Venice Island with rental and remodeling potential.
      418 Narvaezi St, Venice, FL 34285
      View Details
    • $890,000
      1,584 SF

      Updated Duplex in Golden Beach

      Charming duplex with deeded beach access in Venice, Florida.
      516 Villas Dr, Venice, FL 34285
      View Details
    • $405,000
      Pending

      Venice Gardens Duplex Investment Opportunity

      Cash-flowing duplex with a 9.0% cap rate in Venice Gardens.
      528 Briarwood Rd, Venice, FL 34293
      View Details
    • $849,999
      2,198 SF

      Venice Island Duplex Near Beach

      Duplex near beach with income potential on Venice Island.
      703 Golden Beach Blvd, Venice, FL 34285
      View Details
    • $825,000
      2,095 SF

      Venice Island Triplex Near Beach

      Triplex in prime location, steps from the beach.
      533 Granada Ave, Venice, FL 34285
      View Details
    • $1,300,000
      6,639 SF

      Executive Office Suite Portfolio

      High-value, income-producing executive office suites in a prime location.
      1500 E Venice Ave, Venice, FL 34292
      View Details
    • $1,270,000
      1,599 SF

      Venice Duplex Income Property

      Move-in ready, fully rented income properties near Gulf beaches.
      2210 Park Rd, Venice, FL 34293
      View Details
    • $420,000
      1,147 SF

      Venice Office Condo on Trail

      Professional office condominium with high visibility on Tamiami Trail.
      1872 S Tamiami Trl, Venice, FL 34293
      View Details
    • $945,000

      Venice Class A Medical Office

      Move-in ready medical office in desirable Venice medical corridor.
      836 Sunset Lake Blvd, Venice, FL 34292
      View Details

    FAQs

    What type of property is this?
    Car wash - Car wash with high visibility and income potential.
    Where is this car wash located?
    The property is located at 700 S Tamiami Trl Venice, FL.
    What are key features of this property?
    This property features: - High visibility location on S Tamiami Trl (29,500+/- cars daily); - Full-service car wash with high income potential; - **Automatic conveyor tunnel wash system**
    (352) 369-1047
    Request Owner's contact information
    700 S Tamiami Trl Venice, FL 34285
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 S Tamiami Trl
    Venice, FL 34285
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    700 S Tamiami Trl Venice, FL 34285
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Weinsheimer
    Real Estate License ID: CQ1040572
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!