Property profile

1602 Banyan Dr Venice, FL 34293

OFF-MARKET
Mixed-use properties
Property ID
US18-1733031
1,990 SF 0.47 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional mixed-use property at 1602 Banyan Drive, Venice, FL, presents a unique investment opportunity. The 1,990 square foot building sits on a 0.47-acre lot and is currently operating as a licensed daycare center with capacity for 53 children. The sale includes the real estate, the established daycare business, all furniture, equipment, and even a dedicated transportation bus. Public water and sewer services are readily available. The seller intends to sell the real estate and the daycare business as a single package. This turnkey operation offers immediate income potential for a qualified buyer. Prospective purchasers must meet all licensing requirements to operate a daycare facility in the state of Florida. Financial details regarding the daycare's profitability are available upon request. The property's location in Venice, FL, offers excellent visibility and accessibility. This is a rare chance to acquire a thriving business and valuable real estate simultaneously. Serious inquiries only. The sale price for this combined offering is $525,000. Further information regarding the seller's preferred sale structure is available.

Property profile

Verified
Property type Mixed-use properties
Year built 1960
Total area 1,990 SF
Lot 0.47 ac (20,473 SF)
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

Current use

Occupant on record · Public records
  • Daycare Center

Location

1602 Banyan Dr Venice, FL 34293
Venice metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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