216 Seaboard Ave Venice, FL 34285-4618
This exceptional 21,500-square-foot industrial warehouse in Venice, Florida, presents a unique investment opportunity. Located in Sarasota County's Venice submarket, this single-story, Class C building offers flexible space options, with two suites available for lease; one measuring 8,000 square feet and the other 13,500 square feet (totaling 21,500 square feet). Built in 1960 and situated on a 0.92-acre lot, the property features one loading dock, one dock-high door, and one drive-in door, providing convenient access for loading and unloading. Ample parking is available with eight spaces. The property is zoned ILW and is ideal for various industrial and distribution uses. Its strategic location within a thriving commercial sector, coupled with proximity to major transportation routes and logistics hubs, ensures excellent accessibility and connectivity. The entire 21,500 square feet is currently vacant, providing immediate occupancy for a single tenant or the opportunity to lease the space in two separate units. This property represents a compelling opportunity to establish a presence in a growing market with high demand for industrial space.
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Inline Filling Systems Industrial Manufacturer Production Facility
On a corner lot, in any zoning district except the VA, DE, and SBI mixed use districts and IND zoning district, no fence, wall, hedge or other planting or structure that will materially obstruct vision between a height of two and one-half (2.5) feet and ten (10) feet above the centerline grades of the intersecting streets shall be erected, placed or maintain…
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
SBI · Venice, FLOn a corner lot, in any zoning district except the VA, DE, and SBI mixed use districts and IND zoning district, no fence, wall, hedge or other planting or structure that will materially obstruct vision between a height of two and one-half (2.5) feet and ten (10) feet above the centerline grades of the intersecting streets shall be erected, placed or maintained within the triangular area formed by the right-of-way lines at such corner lots and a straight line joining the right-of-way lines at points which are twenty (20) feet distant from the intersection of the right-of-way lines and measured along the right-of-way lines. Clear tree trunks, signposts, lampposts, fence posts and the like are exempt from this requirement. Where intersections of rights-of-way are less than ninety (90) degrees at the property lines, the legs of the visibility triangle shall be twenty-five (25) feet long. 3.1.9. Accessory Uses and Structures A. Purpose and Intent. Accessory uses and structures are defined as uses and structures which are typically incidental and subordinate to the principal use or structure and unless otherwise provided, on the same premises. "On the same premises" shall be construed as meaning on the same lot or on a contiguous lot in the same ownership. Typical examples of accessory structures include, but are not limited to, swimming pools, spas, sheds, gazebos, shade structures, and similar structures. Where a building is structurally attached to the principal building, it shall be considered a part of the principal building, and not an accessory building. B. General Standards. 1. Permitted accessory uses and structures are those customarily associated with the permitted uses within the zoning district and are not intended to allow for accessory uses and structures that are not consistent with the district's purpose and intent. Accessory uses and structures must be located on the same property/parcel as the principle use for which they are intended. 2. Except as otherwise provided in this Code, no accessory use or structure shall be approved, established, or constructed, before the principal use or structure is approved, established or constructed. 3. No accessory structure shall be occupied or utilized unless the principal structure, to which it is accessory, is occupied or utilized. 4. All accessory uses shall be designed to serve primarily the residents, customers, guests, or employees of the principal use with which they are associated. 5.
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.