1990 Tamiami Trl Venice, FL 34293-5001
This exceptional 3,128 square foot medical office building presents a unique investment opportunity in the thriving Venice, Florida market. Situated on a 0.3-acre lot at 1990 S Tamiami Trl, this property boasts unparalleled visibility and accessibility. With a daily traffic count exceeding 41,000 vehicles on Tamiami Trail (US-41), this location ensures maximum exposure for any business. The strategic placement at the intersection of US-41 and Baffin Drive, enhanced by a median cut allowing access from both northbound and southbound traffic, further optimizes accessibility for clients and employees. The building's zoning designation is Office, Professional Institutional (OPI), with an underlying zoning and Future Land Use (FLU) of Commercial Corridor (COMCOR), providing flexibility for a variety of professional uses. This prime commercial real estate offers a compelling combination of high traffic volume, excellent location, and versatile zoning, making it an ideal investment for discerning buyers seeking a strong return on investment in a rapidly growing area. The property's size and location make it suitable for a variety of businesses seeking high visibility and convenient access for their clients. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The asking price is $599,990.
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Venice Periodontics and Dental Implants Dental Office
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Raja Jay MD Physician
Office, Professional and Institutional (OPI); v. Commercial, Mixed Use (CMU); vi. Commercial, Shopping Center (CSC); vii. Planned Industrial Development (PID); viii. Planned Commercial Development (PCD); ix. Industrial (IND); x. Planned Unit Development (PUD); and xi. All Mixed Use Districts, except the Venice Avenue (VA) district. b. Setback requirement. Wh…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OPI · Venice, FLOffice, Professional and Institutional (OPI); v. Commercial, Mixed Use (CMU); vi. Commercial, Shopping Center (CSC); vii. Planned Industrial Development (PID); viii. Planned Commercial Development (PCD); ix. Industrial (IND); x. Planned Unit Development (PUD); and xi. All Mixed Use Districts, except the Venice Avenue (VA) district. b. Setback requirement. When operating on private property, a mobile food vendor may operate only if set back at least 150 feet from any exclusively residential structure, unless the owner(s) of the residential structure provides the mobile food vendor with express written permission to operate. The 150 feet setback requirement is reduced to 50 feet where an intervening nonresidential building, such as a commercial building, screens the operation from the direct view of the single-family residential structure. c. Maximum number of mobile food vendors. No more than two mobile food vendors shall operate on any private property at any one time, except as may be allowed by a city-issued special event permit or temporary use permit. Mobile food vendors cannot utilize parking spaces that are required parking spaces for a business. Mobile food vendors shall maintain a minimum of ten feet separation from other mobile food vendors, buildings, and vehicles. d. Principal structure requirement. Except as otherwise provided by this section, a mobile food vendor may only operate on a lot that has a principal structure. However, operating on a vacant lot is permitted where the vacant lot is under the same ownership as, and is abutting, a lot that has a principal structure. Lots located across a public right-of-way shall not be considered abutting. e. Construction areas. A mobile food vendor may operate on private property that has an active building permit(s) for the development of a commercial or multi-family project only with approval of the property owner or developer. A mobile food vendor may also operate on private property that has an active building permit(s) for a single-family subdivision until the first certificate of occupancy is issued. Each phase of single-family subdivision shall be treated as a separate project. E. Stationary location requirement. A mobile food vendor must operate from a stationary location but may operate from multiple locations throughout the day, except as otherwise permitted in this article. An ice cream truck may operate as a moving vendor but only along a roadway defined as a local road in the transportation element of the Venice Comprehensive Plan. F. Access.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
