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    106 Venice Rd Rotonda West, FL 33947

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1798594
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 106 Venice Rd

    Property type
    Commercial real estate

    Description

    This exceptional 50,000 dollar lot presents a unique opportunity in the desirable Rotonda Heights area of Rotonda West, Florida. Located on a peaceful cul-de-sac at 106 Venice Road, zip code 33947, this special purpose property offers the perfect canvas for your future home or a savvy investment. The property's location provides easy access to local amenities, including nearby schools, shopping centers, and a variety of restaurants, ensuring a convenient and comfortable lifestyle. Public utilities are readily available, simplifying the construction process. Situated in Charlotte County, Florida, the lot boasts a serene setting, ideal for those seeking a tranquil residential environment. The precise coordinates are latitude 26.915001 and longitude -82.301589. This is an exceptional chance to acquire a well-positioned lot in a thriving Florida community. Don't miss this opportunity to build your dream home or secure a promising investment in a highly sought-after location. The property is priced to sell at $50,000.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rotonda West
    County
    Charlotte
    State
    Florida
    Longitude
    -82.301589
    Latitude
    26.915001

    Comparable in this City

    • $1,000,000

      Rotonda Blvd Commercial Property

      Commercial property for sale in Rotonda, Florida.
      236 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $650,000

      Rotonda West Commercial Property Available

      Commercial property for sale in Rotonda West, Florida.
      355 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $1,150,000

      Rotonda Blvd Property For Sale

      Property on Boundary Blvd, Rotonda, FL for sale.
      234 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $5,265,000
      25.00 Acres

      Rotonda West Development Land

      25 Acres, 351 Units Possible
      195 Parade Cir, Rotonda West, FL 33947
      View Details
    • Contact for pricing
      0.19 Acres

      Residential Land in Rotonda West

      Land ready to build your dream home in Rotonda Lakes.
      110 Wahoo Dr, Rotonda West, FL 33947
      View Details
    • $39,000
      0.03 Acres

      Rotonda West Land For Sale

      Land in Rotonda West, Florida, ready for building your dream home.
      442 Albatross Rd, Rotonda West, FL 33947
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Rotonda Blvd Commercial Property

      Commercial property for sale in Rotonda, Florida.
      236 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $650,000

      Rotonda West Commercial Property Available

      Commercial property for sale in Rotonda West, Florida.
      355 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $1,150,000

      Rotonda Blvd Property For Sale

      Property on Boundary Blvd, Rotonda, FL for sale.
      234 Boundary Blvd, Rotonda West, FL 33947
      View Details
    • $5,265,000
      25.00 Acres

      Rotonda West Development Land

      25 Acres, 351 Units Possible
      195 Parade Cir, Rotonda West, FL 33947
      View Details
    • $54,900

      Land For Sale

      Land available for purchase.
      153 Spring Dr, Rotonda West, FL 33947
      View Details
    • $67,000

      Golf Course Frontage Lot

      Oversized lot with golf course frontage in Rotonda West.
      35 Tee View Rd, Rotonda West, FL 33947
      View Details

    Similar Nearby for Lease

    • $114,000

      New Warehouse Space For Lease

      New warehouse space available for lease in Rotonda West.
      134 Anchor Rd, Rotonda West, FL 33947
      View Details
    • $22 SF/Yr
      12,000 SF

      Gasparilla Road Retail Center

      Two Restaurant Spaces Available Now
      41 Chailett Rd, Rotonda West, FL 33947
      View Details
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    106 Venice Rd
    Rotonda West, FL 33947
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
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