Property profile

229 Venice Ave Venice, FL 34285

OFF-MARKET
Community centers
Property ID
US18-5392633
11,195 SF 0.4 ac lot Built 1927
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,195 SF
Lot 0.4 ac (17,250 SF)
Zoning code VA
APN 0408-04-0054
UPID US18-5392633

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
  • Loan Service
  • Construction Company General Contractor
  • Hardware & Home Improvement General Contractor

Location

229 Venice Ave Venice, FL 34285-2076
Venice metro Census 2401 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.05M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.81M

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

Zoning & alternative use

VA · Venice, FL
Zoning description

Portable storage containers within the Venice Avenue (VA) Zoning District may be approved by the Zoning Administrator for a maximum of ninety (90) consecutive days only between the months of December and April. vi. In al…

General category CIVIC_INSTITUTIONAL

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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