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Property profile

200 Gladesview Dr Venice, FL 34292

FOR SALE
Land
Property ID
US18-8399360
25 ac lot
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200 Gladesview Dr, Venice, FL 34292
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Property summary

AI-generated overview

This exceptional 25-acre parcel presents a prime residential development opportunity in Venice, Florida. Located on East Venice Avenue, between Jacaranda Boulevard and River Road, this property boasts a highly desirable location within Sarasota County. The land is zoned OUE, permitting residential construction, making it ideal for multi-family or single-family development projects. Its strategic position offers convenient access to Interstate 75, downtown Venice, Sarasota Memorial Hospital's new campus, and a burgeoning mix of commercial and residential developments. The assemblage comprises four parcels (APN #0418050004, #0418050008, #0418050007, #0418050002) totaling 25 acres, with a price of $300,000 per acre, resulting in an asking price of $7,500,000. This fast-growing corridor offers significant potential for investors seeking a promising development project in a thriving area. The property's location within the East Venice Avenue Overlay District provides a framework for future development, ensuring compliance with established guidelines. This is a rare opportunity to acquire a substantial land holding in a highly sought-after location. The address is 200 Gladesview Dr, Venice, FL 34292.

Property profile

Verified
Property type Land
Lot 25 ac (1,089,000 SF)
UPID US18-8399360

Cap rate & NOI

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

Location

200 Gladesview Dr Venice, FL 34292
Venice metro
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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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