229 Tamiami N Trl Venice, FL 34285
- Parking lots & garages
- 1,168 SF
- 0.46 lot acres
Current Use by Public Records
- VVS ( Venice vapors & smoke shop) / Vaporizer Store / Cigar Shop
- Bitcoin ATM Venice - Coinhub / Atm / Currency Exchange Service
Property Details for 229 Tamiami N Trl
- Year built
- 1953
- Lot size
- 0.46 lot acres
- Property size
- 1,168 SF
- Zone code
- DE
- Property type
- Parking lots & garages
- APN
- 0407-14-0046
- APU
- 407140046
Description
This freestanding, 2,000 square foot retail/office building is located at 229 S Tamiami Trail in Venice, Florida, 34285. Built in 1954, the property sits on a 3,500 square foot lot and is zoned CI. Its convenient location places it steps from downtown Venice's shops, restaurants, and banks, ensuring high visibility and foot traffic. The building offers private parking both in front and in the rear, a significant advantage in this busy area. Currently configured as a single-tenant space, the floor plan is easily adaptable to suit a single user or even two tenants. The asking price is $599,000, translating to $299.50 per square foot. The property's 2018 tax assessment was $3,680.89. This presents a unique owner-user opportunity in a thriving downtown location. The property's versatility and prime location make it an attractive investment. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $500,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $505,000
- Mixed-Use
- $570,000
- Hospitality
- $420,000
- Educational
- $540,000
- Residential Income
- $565,000
- Energy
- $540,000
- Income-Based Land
- $565,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4448
- Latitude
- 27.1018
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA