Property profile

1540 E Venice Ave Venice, FL 34292

FOR SALE
Commercial land
Property ID
US18-4002778
2,033 SF 2.82 ac lot Built 1968
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an infill development site located within a largely completed master-planned corridor in Venice, Florida. The site is positioned directly across from the Venice Police Department and is surrounded by civic and retail uses. It offers flexibility for multiple development paths through existing zoning and Florida’s Live Local Act, with suitability for affordable, workforce, or mixed-use development.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1968
Total area 2,033 SF
Lot 2.82 ac (122,714 SF)
Zoning code PUD
APN 0411-15-0001
UPID US18-4002778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1540 E Venice Ave Venice, FL 34292
Venice metro Census 2307 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$555k
Comparable Approach Comparable
$608k
Blend (final) Blend
$520k

Owner & transaction history

since 2018
3 recorded transactions
2018
$450,000
2008
$375,000
2006
$2.4M

Zoning & alternative use

PUD · Venice, FL
Zoning description

PUD (Planned Unit Development) PUD Sec. 2.2.4.4.A. PCD (Planned Commercial Development) PCD Sec. 2.2.4.4.B. PID (Planned Industrial Development) PID Sec. 2.2.4.4.C. CSC (Commercial Shopping Center) CSC Inactive Sec. 2.2.…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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