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    FOR SALE
    Commercial land

    1335 Ringling Dr, Venice, FL 34285

    2.12 ac lot
    Entity Owned 17-yr Hold Free & Clear
    Property ID
    US18-2386905
    Property summary
    AI-generated overview

    This exceptional 2.12-acre commercial land parcel in Venice, Florida, presents a remarkable investment opportunity. Located at 1335 Ringling Drive, this property is zoned ST2 (South Trail), allowing for a wide range of commercial uses, including retail, office spaces, and mixed-use developments. The site boasts high visibility and accessibility, benefiting from its strategic location within a developing area of Venice. Its dimensions are approximately 555 feet by 315 feet, offering ample space for a variety of projects. The property's proximity to Venice Beach and Venice Airport further enhances its appeal. Given the flourishing local economy and robust tourism in Venice, this land offers significant potential for developers and investors seeking to capitalize on the area's growth. The asking price is $1,500,000, translating to approximately $469,340 per acre. Numerous nearby developments highlight the area's ongoing expansion and the potential for strong returns on investment. This is a blank canvas for creating a bespoke commercial hub tailored to meet diverse commercial needs. The property's zoning allows for a variety of uses, including professional offices and institutional uses.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.12 ac (92,347 SF)
    Zoning code ST2
    APN 0430-09-0006
    UPID US18-2386905
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Fng Holdings-land LLC · 17 yrs held
    Fng Holdings-land LLC
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    ST2 · Venice, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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