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    169 Pointe Loop Dr Venice, FL 34293

    For Sale
    $800,000

    2-Acre Medical Office Development Site

    Property size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional investment opportunity in Venice, Florida, presenting a 2.007-acre parcel zoned RMF-2 with a Planned Unit Development (PUD) overlay. This site is ideally suited for medical office development, with pre-approval for two one-story buildings totaling 9,800 square feet (a 5,300 sq ft building and a 4,300 sq ft building). The property boasts 9,600 square feet of existing office space and is located within the Woodmere Village area, which has allocated 79,500 square feet for commercial use, with 22,000 square feet designated for medical offices. The asking price is $800,000, representing a land value of $400,000 per acre. The property includes one parking space. Permitted uses include medical and dental offices, with a maximum building height of 25 feet. This property offers a unique opportunity to develop a thriving medical practice in a high-demand location. The address is 169-175 Pointe Loop Drive, Venice, FL 34293, within Sarasota County. This is a single-story building. Parking requirements are one space per 250 square feet of floor area.

    Property Features for 169 Pointe Loop Dr

    General Information

    Property type
    Medical offices
    Square Feet
    9,600 SF
    Lot Size
    87,120 SF

    Building Details

    Stories
    1

    HighLights

    • 169‑175 Pointe Loop Drive, Venice, FL 34293
    • 2.007‑acre lot (87,424.92 sq ft)
    • Medical and dental office use permitted
    • Maximum building height: 25 feet
    • Existing single‑story building with 9,600 sq ft of office space; pre‑approved for 9,800 sq ft of new construction (two buildings totaling 9,800 sq ft)
    • One parking space per 250 sq ft of floor area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4001282
    Latitude
    27.0509743

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    FAQs

    What type of property is this?
    Medical office - 2-Acre Medical Office Development Site
    Where is this medical office located?
    The property is located at 169 Pointe Loop Dr 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: 169-175 Pointe Loop Drive, Venice, FL 34293; 2.007-acre lot (87,424.92 sq ft); Medical and dental office use permitted
    Request Owner's contact information
    169 Pointe Loop Dr 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
    169 Pointe Loop Dr Venice, FL 34293
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