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    OFF-MARKET
    Land

    705 Tamiami Trl, Osprey, FL 34229

    1.44 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.44-acre commercial land parcel in Osprey, Florida, presents a significant investment opportunity. Located on the island of Venice, the property boasts exceptional visibility with over 220 feet of frontage on South Tamiami Trail (US 41), a major thoroughfare experiencing over 26,800 vehicles daily. Additional frontage exists on Fairway Drive (420 ft) and Guild Drive (220 ft). Currently zoned RMF (Residential Multi-family), the property offers potential for rezoning to accommodate various commercial uses, capitalizing on the strong demographics of the area. Within a five-mile radius, the population exceeds 82,585 residents, boasting an average household income of $85,025. Furthermore, a significant daytime employment base of 10,700 is found within a one-mile radius. The property's APN is 0429150031, and it's offered as a fee simple ownership. An adjacent 2.4-acre commercial parcel is also available for purchase. This prime location and substantial traffic count make this an ideal site for a variety of commercial ventures. The asking price for this exceptional property is $1,500,000.

    Property profile
    Verified
    Property type Land
    Lot 1.44 ac (62,726 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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