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Property profile

1140 Jacaranda Blvd Venice, FL 34292

FOR LEASE
Retail properties & Spaces
Property ID
US18-6384297
1.08 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.08 ac (47,045 SF)
UPID US18-6384297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1140 Jacaranda Blvd Venice, FL 34292
Venice metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2022
$3.8M
2022
$1.9M
2018
$9.8M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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