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Property profile & analytics
OFF-MARKET
Commercial real estate

1602 Banyan Dr Venice, FL 34293

Property ID
US18-1733031
Property summary
AI-generated overview

This exceptional office building, located at 1602 Banyan Drive in Venice, Florida, presents a compelling investment opportunity at an asking price of $1,200,000. Situated in the 34293 zip code, this property offers a convenient location within the vibrant city of Venice. The building's classification is strictly "Office," and while the lot size is not specified, its address is clearly defined as 1602 Banyan Drive. The property's precise geographic coordinates are latitude 27.0771908 and longitude -82.4237307, allowing for easy location verification and mapping. This presents a unique chance to acquire a well-situated office space in a thriving Florida market. Further details regarding the building's specific features, square footage, and internal layout are not currently available. However, the strategic location and asking price make this an attractive proposition for investors seeking a foothold in the Venice, Florida commercial real estate sector. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential. The property is ready for immediate occupancy or further development, depending on the buyer's needs and vision. This is a rare opportunity to acquire a commercial property in a desirable location at a competitive price.

Property profile
Verified
Property type Commercial real estate
UPID US18-1733031
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
  • Academy of Creative Learning Daycare Center
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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