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    OFF-MARKET
    Neighborhood centers

    1185 41 Byp, Venice, FL 34285

    38,144 SF 2.7 ac lot Built 1983
    Property ID
    Property summary
    AI-generated overview

    Regency Square Shopping Center, a Class B retail strip center in Venice, Florida, offers a prime opportunity for businesses seeking high-visibility space. This single-story, 38,144 square foot building, constructed in 1983 and renovated in 2024, sits on a 2.7-acre lot at a signalized intersection on US 41 Bypass South, boasting excellent northbound and southbound access. The property features 19 suites, with a minimum divisible space of 750 square feet and a maximum contiguous space of 4,032 square feet. Currently, 915 square feet of retail space is available. The center benefits from a high traffic count of 39,000 vehicles annually and enjoys a strategic location directly across the street from Detwiler's Farm Market. The property includes 90 parking spaces and 125-amp power. The zoning is CI, and the APN is 0428-03-0003. This well-maintained property presents a compelling investment opportunity in a thriving Venice submarket. No elevators are present.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1983
    Total area 38,144 SF
    Lot 2.7 ac (117,612 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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