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    Market Way Venice, FL 34293

    Sponsored
    For Sale
    $800,000

    6,000 SF Office/Retail Pad

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity is located in the thriving Wellen Park master-planned community in North Port, Sarasota County, Florida. The 6,000 square foot lot is zoned PD - Office/Retail, providing flexibility for a variety of commercial uses. Situated at the southeast quadrant of Market Way and Sunglow Boulevard, this property benefits from a prime location within a dynamic and rapidly growing community. Wellen Park is a large-scale development encompassing over 11,000 acres, ultimately planned to include 22,500 homes and over 1 million square feet of commercial space. The community offers a wide array of amenities, including golf and country clubs, and resort-style pools, creating a highly desirable location for both residents and businesses. This presents a rare chance to establish a presence in a vibrant and expanding area with significant long-term growth potential. The asking price for this exceptional commercial pad is $800,000. The property's address is Market Wy, North Port, FL 34293. This is a unique opportunity to capitalize on the continued expansion and success of the Wellen Park community. Don't miss this chance to secure a prime location in a thriving market.

    Property Features for 0 Market Way

    General Information

    Property type
    Land

    HighLights

    • 6,000 SF commercial lot in Wellen Park, North Port, FL.
    • PD (Office/Retail) zoning allows for diverse commercial uses.
    • Prime location at Market Way & Sunglow Blvd intersection.
    • $800,000 asking price.
    • Located within the rapidly growing 11,000+ acre Wellen Park master‑planned community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.324262487175
    Latitude
    27.047469796073

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    FAQs

    What type of property is this?
    Land - 6,000 SF Office/Retail Pad
    Where is this land located?
    The property is located at Market Way Venice, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 6,000 SF commercial lot in Wellen Park, North Port, FL.; PD (Office/Retail) zoning allows for diverse commercial uses.; Prime location at Market Way & Sunglow Blvd intersection.
    Request Owner's contact information
    Market Way Venice, FL 34293
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    Venice, FL 34293
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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
    Market Way Venice, FL 34293
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