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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Office buildings

1191 Jacaranda Blvd 2 Venice, FL 34292-4518

4,401 SF 1 ac lot Built 1994
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-9362732
Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,401 SF
Lot 1 ac (43,560 SF)
Zoning code CSC
APN 0424-10-2002
UPID US18-9362732
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Durrett Scott MD Physician
  • PROVISION EYE CENTER Ophthalmologist
  • Dr. Robert V. Daddario, O.D. Physician
  • Dr. Scott P. Durrett, MD Ophthalmologist
  • Provision Laser Eye Center Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.06M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.13M
Owner & transaction history
S & K Durrett LLC · 15 yrs held
S & K Durrett LLC
since 2011
7 recorded transactions
2011
Price N/A
2011
$600,000
2008
$1.6M
2007
$1.9M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CSC · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CSC Commercial Shopping Center 2.2.5.1. RMH Residential Manufactured Home (excerpted from the previous Land Development Code) A. Intent. It is the intent of this section that adequate provision be made for manufactured home housing in the City. It is further the intent to declare that the use of manufactured homes for dwelling purposes be in manufactured hom…

Zone name Commercial Shopping Center
General category COMMERCIAL
Zone area 36.49 ac
Source code of ordinances
Top alternative use upside
Medical building $1.5M +25.8%
Retail stores $1.3M +10.4%
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