Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1160 Jacaranda Blvd Venice, FL 34292
    Back to Search
    Property profile & analytics

    1160 Jacaranda Blvd, Venice, FL 34292

    View on Map
    • Specialty properties
    • 1,997 SF
    • 0.93 lot acres
    Off-Market
    Last Sale Aug 4, 2021
    $1,564,100
    Property ID
    US18-0837634
    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.
    Value Estimations
    $1,580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Goodwill Manasota - Attended Donation Center / Charitable Organization

    Property Details for 1160 Jacaranda Blvd

    Year built
    2017
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.93 lot acres
    Zone code
    CSC
    Property type
    Specialty properties
    APN
    0424-16-0006
    APU
    424160006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 4, 2021 $1,564,100 Goodwill Industries Manasota INC Venice Adc Lllp Special Warranty Deed —
    Jul 7, 2016 $434,500 Venice Adc Lllp Goodwill Industries Manasota INC Special Warranty Deed —
    Nov 2, 2015 $375,000 Goodwill Industries-manasota I Papa Leones LLC Warranty Deed —
    Sep 6, 2013 $220,000 Papa Leones LLC Stearns Bk NA Grant Deed $210k · Thomas H SR & Judith W Taylor
    Dec 21, 2004 $325,000 Mama Leones Restaurant I Corp Weingarten Nostat INC Warranty Deed $300k · Innovative Mgmt Solutions INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,205,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.3884
    Latitude
    27.0814
    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
    $1,126
    $832,100
    $374,200
    $1,206,300
    -
    $832,100
    $374,200
    $1,206,300

    Comparable in this City

    • Value Estimation
      $755,000
      5,273 SF

      157 Havana Rd

      CHARITABLE ORGANIZATION
      157 Havana Rd, Venice, FL 34292-3104
      View Details
    • Value Estimation by Request
      2,524 SF

      512 Auburn Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      512 Auburn Rd, Venice, FL 34292-1600
      View Details
    • Value Estimation by Request
      7,000 SF

      111 Auburn Rd, Unit 1

      PROFESSIONAL CLUBS/ASSOCIATIONS
      111 Auburn Rd, Venice, FL 34292-6342
      View Details
    • Value Estimation by Request
      2,423 SF

      3146 Venice Ave

      VETERINARY, ANIMAL HOSPITAL
      3146 Venice Ave, Venice, FL 34292-2521
      View Details
    • Value Estimation
      $615,000
      11,040 SF

      1770 Venice Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      1770 Venice Ave, Venice, FL 34292-3190
      View Details
    • Value Estimation by Request
      64.36 Acres

      1401 Hatchett Crk Blvd

      WASTE DISPOSAL, SEWAGE
      1401 Hatchett Crk Blvd, Venice, FL 34292
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Entitled Land Parcel For Sale

      Shovel-ready parcels for professional office development in fast-growing corridor.
      3106 East Venice Ave, Venice, FL 34292
      View Details
    • $995,000

      Prime Infill Site Opportunity

      Rare opportunity for development in a growing coastal market.
      1540 E Venice Ave, Venice, FL 34292
      View Details
    • $725,000
      2.82 Acres

      Venice, FL Commercial Land

      High-exposure commercial land parcel in Venice, Florida.
      1540 E Venice Ave, Venice, FL 34292
      View Details
    • $19,999,000
      101.27 Acres

      Venice Florida 102-Acre Ranch

      102-acre ranch in Venice, Florida, with subdivision potential.
      0396014400, Venice, FL 34292
      View Details
    • Contact for pricing

      Professional Office Condo For Sale

      5,853 SF build-to-suit office condo in Nolen Estates.
      3086 E Venice Ave, Venice, FL 34292
      View Details
    • Contact for pricing

      Jacaranda Junction Outparcel Land Lease

      1.527 acre outparcel with 226 feet frontage available for lease.
      180 Jacaranda Blvd, Venice, FL 34292
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing

      Single-Story Medical Office Park

      New construction office park with Cold Grey shell spaces along E. Venice Ave for medical, professional, and daycare use.
      3076 E Venice Ave, Venice, FL 34292
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 5,453 to 10,491 square feet.
      1254 Jacaranda Blvd, Venice, FL 34292
      View Details
    • $24 SF/Yr

      Medical Office Space For Lease

      Premium medical office space available for lease near I-75.
      435 Commercial Ct, Venice, FL 34292
      View Details
    • $10 SF/Yr

      Lakeview Office Park Buildings

      Two office buildings in Lakeview Office Park available for lease.
      421 Commercial Ct, Venice, FL 34292
      View Details
    • $18 SF/Yr

      Class A Medical Office Space

      Move-in ready medical office in Venice's desirable medical corridor.
      836 Sunset Lake Blvd, Venice, FL 34292
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1160 Jacaranda Blvd
    Venice, FL 34292
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1160 Jacaranda Blvd, Venice, FL, 34292
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!