0 Knights Trail Rd, Nokomis, FL 34275
This exceptional 7.2-acre commercial parcel is strategically located in Nokomis, Florida, within the city limits of Venice, at the intersection of Knights Trail Road and Rustic Road, just north of Laurel Road. The property boasts a highly desirable Commercial zoning designation, presenting a multitude of development opportunities. Its prime location offers significant advantages, situated as an outparcel adjacent to a substantial multi-family development (300 units) and a large single-family residential community (400 units). Further enhancing its value, an adjoining property to the south is currently under development as a 380-unit multi-family complex. The area is experiencing robust growth, with over 1,500 approved single-family homesites under development within a one-mile radius. The construction of Rustic Road, a new east-west connector under the Interstate between Laurel Road and Honore Avenue, will significantly improve accessibility and further increase the property's value. This fee-simple ownership opportunity presents a compelling investment prospect in a rapidly expanding market. The property's APN is 0365002000. The asking price is $4,704,480.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.