1000 Tamiami S Trl Venice, FL 34285-4122
Property profile & analytics
1000 Tamiami S Trl Venice, FL 34285-4122
- Office buildings
- 7,165 SF
- 0.60 lot acres
Property ID
US18-1151134
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Big Brothers Big Sisters of the Sun Coast / Charitable Organization / Social Service Agency
- Aflac / Insurance Agency
- Cemovich Law Firm, P.A. / Law Firm
- Cemo Title Services, LLC / Title Company
- Melinda Adams - Aflac Insurance Agent / Insurance Agency
Property Details for 1000 Tamiami S Trl
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.60 lot acres
- Property size
- 7,165 SF
- Zone code
- ST2
- Property type
- Office buildings
- APN
- 0430-08-0006
- APU
- 430080006
Description
This exceptional 7,165 square foot, single-story office building in Venice, Florida, presents a compelling owner-user opportunity. Located at 1000 S Tamiami Trail, this Class B property boasts a multi-tenant configuration with three current occupants, resulting in a 75% occupancy rate as of December 15, 2023. The building, constructed in 1985, features four units and sits on a substantial 26,136 square foot lot, zoned ST2 - SOUTH TRAIL: SUBAREA 2. The asking price is $1,645,000, translating to $229.59 per square foot. The gross lease structure simplifies management. The property offers ample space, including multiple private offices, a conference room, restrooms, and a kitchenette. Its convenient location near the Venice municipal airport and downtown Venice enhances its appeal. This Core+ investment presents a strong opportunity for an owner-occupant seeking to establish or expand their business in a thriving location. The property's current occupancy provides immediate cash flow, while the available space allows for customization to meet specific business needs. This is a rare opportunity to acquire a well-maintained, strategically located office building in a desirable area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,855,000
- 6.5%
- $1,715,000
- 7%
- $1,590,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,617,000
- AI Estimate
- $1,101,000
Market price range: $1.11M - $2.55MMarket price range: $748k - $1.94M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,930,000 Current use
- MEDICAL BUILDING
- $2,400,000 Change: +24% Conversion: Easy
- RETAIL STORES
- $1,615,000 Change: -16% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4363
- Latitude
- 27.0828
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,736
$431,900
$633,200
$1,065,100
-
$431,900
$633,200
$1,065,100
