Elevator-Access Medical Office
842 Sunset Lake Blvd Venice, FL 34292
For Sale
Contact for pricing
Move-in ready second-floor medical/professional offices with elevator access, exam rooms, and multiple private offices.
Property Size5,308 SF
Price / SF$256.22
Days on Market364
Property Features for 842 Sunset Lake Blvd
General Information
Standard status
Active
Size
5,308 SF
Property subtype
OFFICE
Listing Agency:
Coldwell Banker Realty | Lakewood Ranch
(941) 735-8088
Listed By:
Frank Castrogiovanni · License #581870
(941) 735-8088
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Jul 27
Last Checked: Jul 28 at 3:32PM
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 Coldwell Banker Realty | Lakewood Ranch
Investment Insights
Based on property information with market context.
Move-in ready second-floor medical or professional office suite with elevator access. The layout includes a large entry and waiting area, a large nurse station, seven offices plus an additional executive office with a full bath, and a combination of exam rooms and testing space. Additional features include three auxiliary nurse or work stations, two file storage rooms, a mechanical room, and a full-size breakroom or kitchen area. The suite also offers multiple bathrooms, including four additional bathrooms beyond the executive office.
The property is located in a high-growth area of Sarasota County and is described as being in close proximity to the new Sarasota Memorial Hospital.
Configured for medical workflow, the suite combines reception, clinical exam and testing rooms, and dedicated staff work areas with office and administrative space throughout.
The property is located in a high-growth area of Sarasota County and is described as being in close proximity to the new Sarasota Memorial Hospital.
Configured for medical workflow, the suite combines reception, clinical exam and testing rooms, and dedicated staff work areas with office and administrative space throughout.
Key Highlights
- Move‑in ready 2nd‑floor medical/professional office suite with elevator access
- Includes 5,308 SF of usable space and a layout designed for patient visits
- Features a large entry/waiting area plus a large nurse station
Financial Insights For Healthcare Medical
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 | $170.1k | $32.04 |
| − Vacancy | −$7.7k | −$1.44 |
| EGI | $162.4k | $30.60 |
| − OpEx | −$65.0k | −$12.24 |
| NOI | $97.4k | $18.36 |
5,308 SF · lease $32.04/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.39M
$1.22M – $1.62M
NOI $97,449 @ 7.0% cap · market cap 7.17%
Second Best
Office B
$1.11M
$967.4K – $1.29M
NOI $77,391 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,600 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market 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
Frequently Asked Questions
What type of property is this?
Medical Office Space - Move-in ready second-floor medical/professional offices with elevator access, exam rooms, and multiple private offices.
Where is this medical office space located?
The property is located at 842 Sunset Lake Blvd Venice, FL.
What is the asking price?
The asking price for this property is $1,359,999.
What are key features of this property?
This property features: Move‑in ready 2nd‑floor medical/professional office suite with elevator access; Includes 5,308 SF of usable space and a layout designed for patient visits; Features a large entry/waiting area plus a large nurse station
