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    2901 River Rd Venice, FL 34292

    For Sale
    Contact for pricing

    8 Acres, Prime Venice Location, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8-acre commercial land parcel presents a unique investment opportunity in rapidly growing Venice, Florida. Strategically located at the intersection of I-75 and River Road, this property boasts unparalleled visibility and accessibility. The site is zoned CHI Commercial Highway Interchange, allowing for a diverse range of development options including office, urgent care, hotel, auto service, car wash, restaurant, retail, and storage facilities. The property is currently raw land, but significant groundwork has already been completed. Permits are in place for the access road, and utilities have been stubbed to the lot line. Further enhancing its appeal, River Road is undergoing widening, promising improved traffic flow and increased visibility. This location is particularly attractive given its proximity to Wellen Park Community, a master-planned community projected to encompass 36,630 homes upon completion. The site's designation as a Small Area Difficult Development Area (SADDA) may also qualify it for development under Florida's Senate Bill 102 (Live Local Act), potentially opening doors for affordable and workforce housing projects. This prime location, coupled with existing infrastructure and zoning flexibility, makes this an exceptional opportunity for developers seeking high-impact commercial development in a thriving market. Detailed zoning information and the Florida Senate's Bill Analysis and Fiscal Impact Statement for SB-102 are readily available.

    Property Features for 2901 River Rd

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • 8‑acre commercial land parcel in rapidly growing Venice, FL, ideal for affordable workforce housing under SB 102 (Live Local Act) due to SADDA designation.
    • Zoned CHI (Commercial Highway Interchange), allowing for diverse development including office, urgent care, hotel, auto, restaurant, retail, and storage.
    • Raw land with access road permits and utilities stubbed to the lot line; River Road widening underway.
    • High visibility location at I‑75 and River Road, adjacent to Wellen Park (36,630 homes planned).
    • Unparalleled accessibility and visibility due to its prime location and proximity to a major highway and thriving community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Accounting Firm Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.34616484
    Latitude
    27.10484727

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    FAQs

    What type of property is this?
    Land - 8 Acres, Prime Venice Location, High Visibility
    Where is this land located?
    The property is located at 2901 River Rd Venice, FL.
    What are key features of this property?
    This property features: 8-acre commercial land parcel in rapidly growing Venice, FL, ideal for affordable workforce housing under SB 102 (Live Local Act) due to SADDA designation.; Zoned CHI (Commercial Highway Interchange), allowing for diverse development including office, urgent care, hotel, auto, restaurant, retail, and storage.; Raw land with access road permits and utilities stubbed to the lot line; River Road widening underway.
    Request Owner's contact information
    2901 River Rd Venice, FL 34292
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    Venice, 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
    2901 River Rd Venice, FL 34292
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