1140 Jacaranda Blvd Venice, FL 34292
This exceptional 1.08-acre commercial parcel presents a rare investment opportunity in a thriving Venice, Florida, development. Situated at 1140 Jacaranda Blvd, at the intersection of Jacaranda and Center Rd in Sarasota County (zip code 34292), this Class A property is the last remaining outparcel in a new Sprouts grocery-anchored center. Current co-tenants include Tommy's Car Wash, Heartland Dental, and Elliano's Coffee, ensuring high visibility and foot traffic. The site benefits from its strategic location near I-75 and Wellen Park, a top-10 selling master-planned community. Surrounding residential growth is significant, with 619 planned units including Greystar multi-family apartments and Brighton by Park Square Homes. The property's adjacency to a Winn Dixie shopping center, further bolstered by Bank of America, Peach's Restaurant, YouFit Gym, Goodwill, and a US Post Office, creates a robust commercial ecosystem. This single-tenant retail land parcel is ideal for QSR, banks, fast food, or full-service restaurants, offering exceptional potential for growth and return on investment. The property is zoned for commercial use. Proximity to Venice Middle School adds to its appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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