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Property profile & analytics
OFF-MARKET Estimated value $325,000
Commercial land

2479 Precision Dr Nokomis, FL 34275

0.18 ac lot
Entity Owned Free & Clear
Property ID
US18-6286760
Property summary
AI-generated overview

This 7,704 square foot retail outparcel is located at 2479 Precision Dr, Nokomis, FL 34275, offering exceptional visibility from Laurel Road and Knights Trail (22,200 AADT) and I-75 (84,500 AADT). Situated at I-75 Exit 195 and Laurel Road, between Venice and Nokomis, this pad-ready site benefits from its location in a rapidly growing area of Sarasota County. The property is directly adjacent to a significant multi-family development with over 500 units, ensuring a strong customer base. Furthermore, its proximity to Sarasota Memorial Hospital's new 146-bed facility and major employers like PGT (2,800 employees), Tervis (679 employees), and nearby business parks with over 3,330 employees provides a robust workforce and high traffic volume. This site allows for the construction of a building up to approximately 4,250 square feet, plus 14 parking spaces. This is a rare opportunity to acquire a highly visible and strategically located retail pad in a thriving market. The asking price is $695,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.18 ac (7,704 SF)
Zoning code LE
APN 0378-16-0012
UPID US18-6286760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k
Owner & transaction history
ARQUETTE DEVELOPMENT CORP
ARQUETTE DEVELOPMENT CORP
Zoning & alternative use
LE · Nokomis, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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