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    2575 Venice Ave Venice, FL 34292

    Sponsored
    For Sale
    $2,999,000

    Prime vacant land, high visibility, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 434,579 square foot commercial land parcel presents a remarkable investment opportunity in Venice, Florida. Located on East Venice Avenue, this property boasts nearly 1,000 feet of road frontage, ensuring high visibility and accessibility. The OUE1 zoning allows for a range of development options, including residential projects, with flexible implementing zoning districts such as RSF-1 to RSF-4, RMH, RE-3, OUC, PUD, and GU. The future land use designation is Moderate Density Residential, accommodating two to five dwelling units per acre, and potential for zoning amendments through Sarasota County offers additional flexibility. The property's strategic location near the Venice city limits benefits from an Annual Average Daily Traffic (AADT) count exceeding 9,600 vehicles. This high traffic volume makes it ideal for commercial ventures seeking maximum exposure. The site is characterized by minimal wetlands, presenting a largely "shovel-ready" development prospect. Venice's thriving tourism industry, stunning beaches, and vibrant cultural scene create a desirable location for residential or commercial development, promising strong returns for investors. This is a chance to capitalize on the growth and appeal of Venice, Florida. The asking price is $2,999,000, translating to approximately $300,605 per acre.

    Property Features for 2575 Venice Ave

    General Information

    Property type
    Land

    HighLights

    • 434,579 SF commercial land parcel in Venice, FL, priced at $2,999,000 ($300,605/acre).
    • 957 feet of road frontage on East Venice Avenue.
    • Moderate Density Residential future land use designation (2‑5 dwelling units/acre), with potential for zoning amendment.
    • Zoning allows for various residential and commercial uses (RSF‑1, RSF‑2, RSF‑3, RSF‑4, RMH, RE‑3, OUC, PUD, GU).
    • Minimal wetlands, making it a shovel‑ready development site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sabal Palms Land Allotment Smitty's Home Services Painter

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.379068
    Latitude
    27.0987559

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    FAQs

    What type of property is this?
    Land - Prime vacant land, high visibility, development potential.
    Where is this land located?
    The property is located at 2575 Venice Ave Venice, FL.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: 434,579 SF commercial land parcel in Venice, FL, priced at $2,999,000 ($300,605/acre).; 957 feet of road frontage on East Venice Avenue.; Moderate Density Residential future land use designation (2-5 dwelling units/acre), with potential for zoning amendment.
    (941) 923-0535
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    2575 Venice Ave 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
    2575 Venice Ave Venice, FL 34292
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