Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Space For Sale Title is generated by Realmo AI

    842 Sunset Lake Blvd Ste 401, Venice, FL 34292

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,399,000

    Attractive medical office in a vibrant, growing Venice market.

    Type:Office
    Added:
    Mar 6, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 6 at 12:19 am

    Property Features for 842 Sunset Lake Blvd Ste 401

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    2002

    We can help!

    Listing Contact
    Brad Lindberg
    Brad Lindberg

    Listing agent Brad Lindberg License #FL #BK3176823

    Listing office SVN COMMERCIAL ADVISORY GROUP

    Listing date Mar 6, 2026

    Source Svn

    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 SVN COMMERCIAL ADVISORY GROUP

    HighLights

    • Attractive medical office space in a medical complex.
    • 14 Exam Rooms (3 currently used as offices).
    • Flexible occupancy timeline; available as early as September 2026, current lease expires December 2027.
    • Located in the vibrant Venice / North Port market near downtown, beaches, dining, and entertainment.
    • New flooring and paint.
    • Abundant parking and covered drop‑off area.

    Overview

    This attractive medical office is located in a medical complex within the vibrant Venice/North Port market, an area known for strong economic growth and a thriving business community. The property is strategically located near the bustling downtown district, pristine Gulf beaches, and popular dining and entertainment destinations, offering an exceptional setting for businesses looking to establish a long-term home. The office is situated on the 2nd floor, adjacent to the elevator, and features 14 exam rooms, with 3 of these currently utilized as offices. Additional features include a conference room, kitchen, lab, and storage room. There are 3 bathrooms, including 2 for staff and 1 in the lobby. The property benefits from new flooring and paint, as well as a covered drop-off area and abundant parking. The seller's current lease expires December 31st, 2027, but the seller can be flexible with the buyer's timeline, with potential occupancy as soon as September 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restore Medical Partners Medical Clinic Lakeside Medical Group Medical Group RTR Urology Physician Dr. John T. ... Physician Cassell Lance S ... Physician

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Similar Places Nearby

    • Garner Veterinary Services — 725 Shamrock Blvd, Venice, FL 34293
    • Garner Veterinary Services- Dr. Kelley Garner (JACARANDA ANIMAL HOSPITAL) — 725 Shamrock Blvd, Venice, FL 34293
    • Veterinary Associates Of Jacaranda — 1168 Jacaranda Blvd, Venice, FL 34292
    • Berkowitz Gary DVM — 1168 Jacaranda Blvd, Venice, FL 34292
    • American Society-Veterinary — 620 Shamrock Blvd, Venice, FL 34293

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.3902
    Latitude
    27.0839

    Nearby Similar for Sale

    • $2,200,000
      4,832 SF

      Versatile Property on E Venice Avenue

      High-visibility mixed-use property near Downtown Venice, ideal for automotive businesses.
      629 E VENICE AVENUE, VENICE, FL 34285
      View Details
    • $395,000
      4,793 SF

      Updated Venice Triplex For Sale

      Income-producing triplex with three distinct living spaces in Venice, Florida.
      2980 DOGWOOD ROAD, VENICE, FL 34293
      View Details
    • $767,900
      2,199 SF

      Venice Island Duplex Opportunity

      Charming duplex on Venice Island with rental and remodeling potential.
      418 NARVAEZI STREET, 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 AVENUE, VENICE, FL 34285
      View Details
    • $945,000
      3,677 SF

      Venice Class A Medical Office

      Move-in ready medical office in desirable Venice medical corridor.
      836 Sunset Lake Blvd, Ste. 205 & 206, Venice, FL 34292
      View Details
    • $399,000

      Venice Office Condo on Tamiami

      Professional office condominium with high visibility on Tamiami Trail.
      1872 S TAMIAMI Trl A, Venice, FL 34293
      View Details
    • $8,900,000
      37,432 SF

      Downtown Venice Mixed-Use Landmark

      Two buildings in downtown Venice: office and light industrial.
      200 E Venice Ave, Venice, FL 34285
      View Details
    • $1,184,000
      1,599 SF

      Four Venice Properties - Income

      Four income properties in Venice, Florida, fully rented and move-in-ready.
      2210,2212,2214 PARK ROAD, VENICE, FL 34293
      View Details
    • $620,000

      Venice Island Medical Office Opportunity

      Investment or owner-user property near Venice Regional Hospital.
      256 Nokomis Ave S, Venice, FL 34285
      View Details
    • $215,000
      200 SF

      Turnkey Restaurant with Drive-Through

      Profitable restaurant with drive-through in high-traffic Venice location.
      123 CONFIDENTIAL, VENICE, FL 34293
      View Details
    • $420,000
      1,147 SF

      Venice Office Unit on US-41

      Office unit on Tamiami Trail with high visibility.
      1872 S Tamiami Trl, Venice, FL 34293
      View Details
    • $335,000

      Established Salon Business and Property

      Salon business and property for sale in excellent location.
      244 TAMPA AVENUE W #14A, VENICE, FL 34285
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Attractive medical office in a vibrant, growing Venice market.
    Where is this medical office space located?
    The property is located at 842 Sunset Lake Blvd Ste 401 Venice, FL.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: Attractive medical office space in a medical complex.; **14 Exam Rooms** (3 currently used as offices).; Flexible occupancy timeline; available as early as September 2026, current lease expires December 2027.
    (941) 356-0338
    We can help!
    Listing Contact
    Brad Lindberg
    Brad Lindberg
    Real Estate License ID: FL #BK3176823
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    842 Sunset Lake Blvd, Ste 401, Venice, FL 34292
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!