1290 Jacaranda Blvd Venice, FL 34292
- Retail space
- 2,500 SF
- 0.11 lot acres
Current Use by Public Records
- Trulieve Venice Dispensary / Cannabis Store
Property Details for 1290 Jacaranda Blvd
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.11 lot acres
- Property size
- 2,500 SF
- Zone code
- CSC
- Property type
- Retail space
- APN
- 0424-16-0005
- APU
- 424160005
Description
This exceptional commercial land offering encompasses a 5-parcel assemblage totaling approximately 10.64 acres (463,603 square feet) situated at the intersection of Jacaranda Boulevard and Center Road in Venice, Florida. The property's strategic location provides unparalleled access to key amenities and infrastructure. Minutes away lies the vibrant Downtown Venice area, offering a diverse range of shops, restaurants, and cultural attractions. Convenient access to Interstate 75 ensures seamless regional connectivity, while proximity to a major Amazon distribution facility highlights the area's robust logistics network. This location is also situated east of a busy and popular medical complex, further underscoring the area's strong economic vitality. Venice itself is experiencing rapid growth, fueled by a combination of attractive demographics, natural beauty, and ongoing infrastructure improvements. The city's MainStreet program has actively contributed to the revitalization of the downtown area, creating a thriving community hub. Recent residential growth further solidifies Venice's position as a desirable location, with new housing developments catering to a wide range of lifestyles. This expansive land parcel presents a unique opportunity for developers and investors seeking to capitalize on Venice's flourishing market and strategic location. The property is zoned for commercial use and offers significant potential for a variety of development projects. The addresses included are 1290 and 1292 Jacaranda Blvd, Venice, FL 34292, within Sarasota County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,970,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,555,000
- 6.5%
- $4,690,000
- 7%
- $4,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,035,000
- Geo Method
- $4,415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,670,000
- Retail
- $4,545,000
- Mixed-Use
- $5,105,000
- Hospitality
- $4,380,000
- Educational
- $4,095,000
- Residential Income
- $4,060,000
- Energy
- $3,935,000
- Income-Based Land
- $4,720,000
- Food Service
- $4,630,000
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.3868
- Latitude
- 27.0798
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
