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    853 41 Byp Venice, FL 34285

    Sponsored
    For Sale
    $750,000

    Two 1,520 SF retail units & business

    Property size:
    3,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents two 1,520 square foot retail units located at 853 & 859 US 41 Bypass S in Venice, Florida, totaling 3,040 square feet. Built in 1982, these units boast a prime location with a high average annual daily traffic count of 37,000 vehicles. Each unit features a front retail area, office space, two restrooms, and a storage area accessible via a rear garage door. One unit is currently leased until April 30, 2025. The other unit is included in the sale with an established Sarasota Scooters business, offering sales, service, parts, and accessories for motor scooters. This business holds a New/Used/Wholesale motor vehicle dealership license and is a franchised dealer for several brands. The business operation is optional and can be excluded from the sale. The property is zoned CI (Commercial Intensive), offering significant potential for future development or expansion. Annual association dues are $2,650 per unit. The asking price for this multi-unit retail property is $750,000, representing a price per square foot of $246.71. This presents a compelling opportunity for investors seeking a strong return in a high-traffic location.

    Property Features for 853 41 Byp

    General Information

    Property type
    Retail properties
    Square Feet
    3,040 SF

    Building Details

    Year Built
    1982
    Units
    2

    HighLights

    • Two 1,520 sq ft retail units totaling 3,040 sq ft.
    • High‑traffic location with 37,000 AADT.
    • CI (Commercial Intensive) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4316442
    Latitude
    27.0904715

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    FAQs

    What type of property is this?
    Retail property - Two 1,520 SF retail units & business
    Where is this retail property located?
    The property is located at 853 41 Byp Venice, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Two 1,520 sq ft retail units totaling 3,040 sq ft.; High-traffic location with 37,000 AADT.; CI (Commercial Intensive) zoning.
    (941) 268-4423
    Request Owner's contact information
    853 41 Byp Venice, FL 34285
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    Venice, FL 34285
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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
    853 41 Byp Venice, FL 34285
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