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    2701 State Rte North Port, FL 34292

    For Sale
    Contact for pricing

    Prime 1.76-Acre Commercial Lot in Venice, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.76-acre commercial land parcel presents a unique investment opportunity in rapidly developing North Port, Florida. Strategically located at the intersection of I-75 and River Road, this property benefits from high visibility and convenient access to major transportation arteries. The site is zoned for Community Highway Interchange, allowing for a diverse range of commercial uses. Potential development options include hotels, automotive services, office spaces, retail establishments, restaurants (both full-service and fast food), and storage facilities. The property's prime location offers significant advantages, including proximity to the new Atlanta Braves spring training complex, accessible via the directly connecting River Road. Furthermore, it is adjacent to Caribbean Village, a 178-unit gated community developed by D.R. Horton, ensuring a substantial existing residential population base. The ongoing widening of River Road further enhances the property's accessibility and future value. This exceptional location, combined with the flexible zoning and high-growth potential of the area, makes this a truly compelling investment opportunity. The property is situated at 2701 State Rte 777, Venice, FL 34292, in Sarasota County.

    Property Features for 2701 State Rte

    General Information

    Property type
    Land
    Lot Size
    76,666 SF

    HighLights

    • River Road provides direct access to the new Atlanta Braves spring training complex.
    • Adjacent to the 178‑unit Caribbean Village gated community, developed by D.R. Horton.
    • River Road is undergoing widening.
    • Zoned for diverse commercial uses including hotels, automotive services, office, retail, and restaurants (full‑service and fast food), and storage.
    • High‑visibility location at I‑75 and River Road in North Port, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.3316807
    Latitude
    27.0809514

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    FAQs

    What type of property is this?
    Land - Prime 1.76-Acre Commercial Lot in Venice, FL
    Where is this land located?
    The property is located at 2701 State Rte North Port, FL.
    What are key features of this property?
    This property features: River Road provides direct access to the new Atlanta Braves spring training complex.; Adjacent to the 178-unit Caribbean Village gated community, developed by D.R. Horton.; River Road is undergoing widening.
    Request Owner's contact information
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    North Port, FL 34292
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    Realmo Value Estimation

    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.

    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.

    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
    2701 State Rte North Port, FL 34292
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