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Move-in Ready Medical/Professional Office Space

842 Sunset Lake Blvd Venice, FL

842 Sunset Lake Blvd, Venice, FL, 00000
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5308 SF office space near Sarasota Memorial Hospital.

Property Size5,308 SF
Lot Size5.86 Acres
Price / SF$256.22
AddedJul 31, 2025
Days on Market350
Last RefreshMay 20 at 9:01 pm

Property Features for 842 Sunset Lake Blvd

General Information

Standard status
Active
Size
5,308 SF
Lot size
5.86 Acres
Property subtype
OFFICE

Listing office Coldwell Banker Realty | Lakewood Ranch

Listing date Jul 31, 2025

Source Moodyscre

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.

This move-in ready office space offers 5308 square feet of usable second-floor space, accessible by elevator. The layout is designed for medical or professional use and features a large entry/waiting area and a nurse station. It includes seven offices, plus an executive office with a full bath, nine exam rooms, and a testing room. There are also three auxiliary nurse/work stations, two file storage rooms, and a mechanical room. Additional amenities include a full-size breakroom/kitchen area and four bathrooms. The property is located in a high-growth area and is in close proximity to the new Sarasota Memorial Hospital in Sarasota County, Florida.

Key Highlights

  • Move‑in ready medical/professional office space.
  • Large 5308 sq ft 2nd‑floor unit with elevator access.
  • Well‑equipped layout: 7 offices (including 1 executive with full bath), 9 exam rooms, testing room, nurse stations, breakroom, and multiple bathrooms.

Local 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 (±1% cap)
NOI $97,449 @ 7.0% cap · market cap 7.17%
Second Best
Office B
$1.11M
$967.4K – $1.29M (±1% cap)
NOI $77,391 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,600 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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 Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store HVAC Service Pharmacy Hair Salon Nail Salon

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

Similar Off Market Nearby

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  • 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

FAQs

What type of property is this?
Medical Office Space - 5308 SF office space near Sarasota Memorial Hospital.
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 medical/professional office space.; Large 5308 sq ft 2nd‑floor unit with elevator access.; Well‑equipped layout: **7 offices (including 1 executive with full bath), 9 exam rooms**, testing room, nurse stations, breakroom, and multiple bathrooms.
Contact an agent
(941) 735-8088 Call to check price and availability
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