Conditioned Warehouse
For Sale
$549,000
VENICE, FL 34285, Venice, FL 34285
Commercial Sale, VENICE, FL
Property Size3,096 SF
Lot Size1.71 Acres
Price / SF$177.33
Days on Market22
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ILW
Pets allowed
Yes
Lot features
Industrial Condo
Subdivision
WIMBLEDON INDUST
Standard status
Active
Size
3,096 SF
Lot size
1.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3310
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Flooring type
Concrete, Vinyl
Building materials
Block, Stucco
Listing Agency:
COLDWELL BANKER REALTY
(941) 388-3966
Listed By:
Michael Laconca, PA · License #3526123
(941) 800-2940
Added: Sep 18
Changed: Oct 9
Last Checked: Oct 9 at 1:06PM
MLS# A4706788
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,096-square-foot industrial condominium pairs approximately 2,500 square feet of warehouse space with about 600 square feet of finished office space above. The office area contains two separate offices and a storage closet. The entire unit is conditioned, with ceiling heights of approximately 14 to 16 feet and two roll-up doors measuring 12 feet high by 10 feet wide. Two restrooms serve the warehouse level, and parking is dedicated to the unit within the condominium property.
Improvements include new flooring, fresh paint and remodeled restrooms. The HVAC system is approximately 1.5 years old, and the roof is approximately 9 years old. The property is vacant and zoned ILW.
Wimbledon Industrial is in Venice, just off US 41, with proximity to Venice Municipal Airport, Venice Island and the surrounding business corridor.
Improvements include new flooring, fresh paint and remodeled restrooms. The HVAC system is approximately 1.5 years old, and the roof is approximately 9 years old. The property is vacant and zoned ILW.
Wimbledon Industrial is in Venice, just off US 41, with proximity to Venice Municipal Airport, Venice Island and the surrounding business corridor.
Key Highlights
- 3,096 square feet, including approximately 2,500 square feet of warehouse and 600 square feet of office space
- Entire warehouse and office area is conditioned
- Two roll‑up doors, each 12 feet high by 10 feet wide
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,140
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$902,800
$902.8K
Cap Rate 7%
$644,857
$644.9K
Cap Rate 9%
$501,556
$501.6K
Market Conditions
NOI Build-Up for 3,096 SF
Gross rent
$66.9K $21.60/SF
− Vacancy
−$6.7K −$2.16/SF
EGI
$60.2K $19.44/SF
− OpEx
−$15.0K −$4.86/SF
NOI
$45.1K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$902,800
Cap Rate 7%
$644,857
Cap Rate 9%
$501,556
Alternative Uses
Best Use
Office B
$644.9K
$564.3K – $752.3K
NOI $45,140 @ 7.0% cap · market cap 8.22%
Second Best
Warehouse
$619.3K
$541.9K – $722.5K
NOI $43,352 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$879.9K
$769.9K – $1.03M
NOI $61,594 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
2
Drive-in doors
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34285, FL
18,971
Population
16,081
Households
1.2
Avg Household Size
70
Median Age
40%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
2,286
Density / Sq Mi
$67,712
Median Household Income
$37,959
Median Earnings
$1,485
Median Rent
$295,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - An elevated office area and two remodeled restrooms complement the open warehouse floor.
Where is this warehouse located?
The property is located at Venice, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3,096 square feet, including approximately 2,500 square feet of warehouse and 600 square feet of office space; Entire warehouse and office area is conditioned; Two roll‑up doors, each 12 feet high by 10 feet wide
