1990 Tamiami Trl Venice, FL 34293
- Office buildings
- 3,128 SF
- 0.38 lot acres
Current Use by Public Records
- Venice Periodontics and Dental Implants / Dental Implants Periodontist
- Raja Jay MD / Gastroenterologist
Property Details for 1990 Tamiami Trl
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.38 lot acres
- Property size
- 3,128 SF
- Zone code
- OPI
- Property type
- Office buildings
- APN
- 0449-12-0082
- APU
- 449120082
Description
This exceptional 3,128 square foot medical office building presents a unique investment opportunity in the thriving Venice, Florida market. Situated on a 0.3-acre lot at 1990 S Tamiami Trl, this property boasts unparalleled visibility and accessibility. With a daily traffic count exceeding 41,000 vehicles on Tamiami Trail (US-41), this location ensures maximum exposure for any business. The strategic placement at the intersection of US-41 and Baffin Drive, enhanced by a median cut allowing access from both northbound and southbound traffic, further optimizes accessibility for clients and employees. The building's zoning designation is Office, Professional Institutional (OPI), with an underlying zoning and Future Land Use (FLU) of Commercial Corridor (COMCOR), providing flexibility for a variety of professional uses. This prime commercial real estate offers a compelling combination of high traffic volume, excellent location, and versatile zoning, making it an ideal investment for discerning buyers seeking a strong return on investment in a rapidly growing area. The property's size and location make it suitable for a variety of businesses seeking high visibility and convenient access for their clients. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The asking price is $599,990.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $805,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $735,000
- 6.5%
- $670,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $735,000
- Geo Method
- $690,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $640,000
- Mixed-Use
- $770,000
- Hospitality
- $695,000
- Educational
- $735,000
- Residential Income
- $700,000
- Energy
- $790,000
- Income-Based Land
- $740,000
- Food Service
- $655,000
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4146
- Latitude
- 27.0588
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
