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Property profile

1121 Jacaranda Blvd Venice, FL 34292

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 61,956 square foot commercial lot in Venice, Florida, presents a unique opportunity for development. Located at 1121 Jacaranda Blvd, this corner parcel boasts approximately 200 feet of frontage on Jacaranda Blvd and sits at the intersection of Sunset Lake Blvd. The OPI zoning designation allows for a variety of commercial uses, making it ideal for a medical office building. This prime location offers exceptional visibility and accessibility, with convenient access to major roadways, airports, and urban centers. Building from the ground up allows for complete customization and design flexibility, enabling the creation of a medical facility tailored to specific needs and maximizing efficiency. The vacant land provides cost-effectiveness compared to renovating an existing structure, and offers potential tax advantages. This property represents a strong long-term investment opportunity, given the increasing demand for medical office space and the potential for land appreciation. The strategic location, combined with the ability to create a custom-designed facility, makes this an unparalleled opportunity to establish a thriving medical practice in a desirable area of Venice, Florida. The site allows for the incorporation of sustainable and energy-efficient design features, enhancing both operational efficiency and brand image. This property offers the chance to build a medical office that meets all requirements, from infrastructure to aesthetic appeal, in a prime location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Retirement Community

Location

1121 Jacaranda Blvd Venice, FL 34292
Venice metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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