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Property profile & analytics
FOR SALE
Retail space

1290 Jacaranda Blvd Venice, FL 34292

2,500 SF 0.11 ac lot Built 2003
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-9687656
Property summary
AI-generated overview

This exceptional commercial land offering encompasses a 5-parcel assemblage totaling approximately 10.64 acres (463,603 square feet) situated at the intersection of Jacaranda Boulevard and Center Road in Venice, Florida. The property's strategic location provides unparalleled access to key amenities and infrastructure. Minutes away lies the vibrant Downtown Venice area, offering a diverse range of shops, restaurants, and cultural attractions. Convenient access to Interstate 75 ensures seamless regional connectivity, while proximity to a major Amazon distribution facility highlights the area's robust logistics network. This location is also situated east of a busy and popular medical complex, further underscoring the area's strong economic vitality. Venice itself is experiencing rapid growth, fueled by a combination of attractive demographics, natural beauty, and ongoing infrastructure improvements. The city's MainStreet program has actively contributed to the revitalization of the downtown area, creating a thriving community hub. Recent residential growth further solidifies Venice's position as a desirable location, with new housing developments catering to a wide range of lifestyles. This expansive land parcel presents a unique opportunity for developers and investors seeking to capitalize on Venice's flourishing market and strategic location. The property is zoned for commercial use and offers significant potential for a variety of development projects. The addresses included are 1290 and 1292 Jacaranda Blvd, Venice, FL 34292, within Sarasota County.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,500 SF
Lot 0.11 ac (4,821 SF)
Zoning code CSC
APN 0424-16-0005
UPID US18-9687656
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
  • Trulieve Venice Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.20M
Owner & transaction history
Kggk Venture LLC · 3 yrs held
Kggk Venture LLC
since 2022
Last sale
$4.4M
7 recorded transactions
2022
$4.4M
2021
$1.3M
2019
Price N/A
2018
$360,000
2011
$285,000
2010
Price N/A
2009
Price N/A
Zoning & alternative use
CSC · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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