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    2956 Executive Dr Venice, FL 34292

    Sponsored
    For Sale
    $2,000,000

    Prime 3-acre commercial lot in Venice, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 3-acre commercial land parcel, located at 2956 Executive Drive in Venice, Florida (zip code 34292), presents a unique investment opportunity. Zoned CHI, this highly visible property boasts an ideal location near the I-75 interchange, offering unparalleled exposure to a substantial daily traffic volume. I-75 sees an average daily traffic count of 96,500 vehicles, while Jacaranda Boulevard registers 36,000. The site benefits from off-site stormwater management, simplifying development complexities. This strategic location places the property in close proximity to key amenities and a rapidly growing residential area. Projected residential growth in the area is estimated to reach 107,146 residents by 2028, ensuring a robust and expanding market for commercial ventures. The property's proximity to Sarasota Memorial Hospital, Venice's beautiful beaches, and the award-winning Wellen Park master-planned community further enhances its appeal and potential for significant return on investment. The asking price for this remarkable opportunity is $2,000,000. This 3-acre parcel in Sarasota County offers developers and investors a chance to capitalize on a thriving market and prime location.

    Property Features for 2956 Executive Dr

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • High‑visibility I‑75 interchange pad site.
    • Off‑site stormwater management.
    • Located in a rapidly growing residential area (projected 107,146 residents by 2028).
    • Proximity to Sarasota Memorial Hospital, Venice beaches, and Wellen Park master‑planned community.
    • High daily traffic counts: 96,500 AADT on I‑75 and 36,000 AADT on Jacaranda Blvd.
    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 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
    -82.379805
    Latitude
    27.108514

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    FAQs

    What type of property is this?
    Land - Prime 3-acre commercial lot in Venice, FL.
    Where is this land located?
    The property is located at 2956 Executive Dr Venice, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: High-visibility I-75 interchange pad site.; Off-site stormwater management.; Located in a rapidly growing residential area (projected 107,146 residents by 2028).
    (239) 872-7777
    Request Owner's contact information
    2956 Executive Dr 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
    2956 Executive Dr Venice, FL 34292
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