1049 Endeavor Ct, North Venice, FL 34275-3622
- Warehouses
- 10,000 SF
- 1.56 lot acres
Current Use by Public Records
- Gautier Fabrication Inc / General Contractor
- Gautier Trailer Company / Production Facility
Property Details for 1049 Endeavor Ct
- Year built
- 2000
- Lot size
- 1.56 lot acres
- Zone code
- PID
- Property type
- Warehouses
- APN
- 0378-09-0003
- APU
- 378090003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 5, 2024 | $2,500,000 | Joc Properties LLC | Michael Gautier | Warranty Deed | $2.3M · South State Bank NA |
| Apr 22, 2020 | — | Michael Gautier | — | Deed · related | $500k · Charlotte St Bk&tr |
| Sep 8, 1998 | $150,000 | Michael Gautier | Waterford North INC | Grant Deed | $40k · Seller |
| — | — | Michael Gautier | — | Deed Of Trust · related | $500k · Charlotte St Bk&tr |
| — | — | Michael Gautier | — | Deed Of Trust · related | $200k · Englewood Bank |
Description
This exceptional 10,000-square-foot industrial property, situated on a 1.45-acre lot in Nokomis, Florida's desirable Knights Trail Industrial Park, presents a unique owner-user opportunity. Built in 2000, this single-story building boasts a 24-foot ceiling height, eight grade-level loading docks (14' tall x 12' wide), and is constructed of durable concrete block and stucco (up to 8 feet), with fireproof structural steel columns and beams and a galvanized metal roof. The warehouse features multiple office areas and bathrooms, along with insulated walls and ceilings, ensuring a comfortable and efficient workspace. The property's zoning is PID, and the 2022 property taxes were $13,000. Approximately half an acre of additional land is available for expansion, parking, or outdoor storage. This prime location near I-75 is experiencing rapid development, making this an excellent investment. The lease expires February 29, 2024, and seller financing is available. The APN is 0378090003.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,500,000
- ML approach
- $2,500,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,335,000
- 6.5%
- $2,155,000
- 7%
- $2,000,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,700,000
Market price range: $1.27M - $2.84M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,030,000 Current use
- MEDICAL BUILDING
- $3,840,000 Change: +89% Conversion: Difficult
- OFFICE BUILDING
- $3,670,000 Change: +81% Conversion: Difficult
- RETAIL STORES
- $3,525,000 Change: +74% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- North Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4039
- Latitude
- 27.1407
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
