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Property profile & analytics
OFF-MARKET Estimated value $550,000
Office buildings

123 Shamrock Blvd Venice, FL 34293-1630

2,094 SF 0.4 ac lot Built 1956
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US18-4027187
Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,094 SF
Lot 0.4 ac (17,228 SF)
Zoning code OPI
APN 0433-10-0004
UPID US18-4027187
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
  • Peter J Kaufman DMD PA Dental Office
  • The Oral Surgery Center Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
$500k
Comparable Approach Comparable
$542k
Blend (final) Blend
$550k
Owner & transaction history
Peter J Kaufman D M D Pa · 11 yrs held
Peter J Kaufman D M D Pa
since 2015
2 recorded transactions
2015
$400,000
1969
Price N/A
Zoning & alternative use
OPI · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Office, Professional and Institutional (OPI); v. Commercial, Mixed Use (CMU); vi. Commercial, Shopping Center (CSC); vii. Planned Industrial Development (PID); viii. Planned Commercial Development (PCD); ix. Industrial (IND); x. Planned Unit Development (PUD); and xi. All Mixed Use Districts, except the Venice Avenue (VA) district. b. Setback requirement. Wh…

Zone name Office Professional And Institutional
General category CIVIC_INSTITUTIONAL
Zone area 141.59 ac
Source code of ordinances
Top alternative use upside
Medical building $700,000 +25.8%
Retail stores $615,000 +10.4%
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