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    12134 Mercado Dr Venice, FL 34293

    For Lease
    $5 SF/Yr

    Prime vacant land, high traffic area

    Lot size:
    49,048 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 49,048 square foot commercial land parcel is available for lease in the thriving West Villages area of Wellen Park, Florida. Located within a master-planned community projected to encompass approximately 22,000 homes upon completion, this site offers unparalleled growth potential. The property boasts excellent road frontage ensuring high visibility and substantial daily traffic flow, making it ideal for a variety of commercial uses, including retail, restaurants, day spas, or urgent care facilities. Its strategic location within a vibrant, expanding community is further enhanced by its proximity to established businesses such as 7-Eleven, Publix, Chase Bank, and ACE Hardware, guaranteeing a strong tenant mix and consistent customer traffic. The zoning is Village (V), and the APN is 0783010050. This presents a rare opportunity to establish a business in one of Florida's fastest-growing communities, providing a solid foundation for long-term success. The single-tenant property offers significant advantages for businesses seeking a prominent location within a rapidly developing area. This is a truly exceptional opportunity to capitalize on the significant growth and potential of Wellen Park.

    Property Features for 12134 Mercado Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,048 SF

    Unit(s) available at that property

    Space
    Size
    49,048 SF
    Rate per SF
    $5

    HighLights

    • 49,048 SF commercial land parcel available for lease.
    • Excellent visibility and high traffic counts due to prime road frontage.
    • Located in Wellen Park's rapidly growing West Villages area, surrounded by strong retail anchors including 7‑Eleven, Publix, Chase Bank, and ACE Hardware.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -82.3217082
    Latitude
    27.0488066

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    FAQs

    What type of property is this?
    Land - Prime vacant land, high traffic area
    Where is this land located?
    The property is located at 12134 Mercado Dr Venice, FL.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 49,048 SF commercial land parcel available for lease.; Excellent visibility and high traffic counts due to prime road frontage.; Located in Wellen Park's rapidly growing West Villages area, surrounded by strong retail anchors including 7-Eleven, Publix, Chase Bank, and ACE Hardware.
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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
    12134 Mercado Dr Venice, FL 34293
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