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Property profile & analytics
FOR LEASE
Manufacturing properties

264 Bahama St Venice, FL 34285

3,500 SF 0.16 ac lot Built 1966
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US18-4962700
Property summary
AI-generated overview

This exceptional single-tenant industrial property, located on Venice Island, offers 3,500 square feet of manufacturing space in a 1-story, 1966-built building. Situated on a 0.48-acre lot, the property features two convenient loading docks, enhancing operational efficiency. The building's zoning is designated as ST1, providing flexibility for various uses. The property includes a fenced area, adding to its security and functionality. The interior boasts an existing office area, providing a dedicated space for administrative tasks. The entire 3,500 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The property's address is 264 Bahama Street, and its Assessor's Parcel Numbers (APNs) are 0408-11-0048, 0408-11-0049, and 0408-11-0050, located within Sarasota County. This prime location on Venice Island offers excellent accessibility and visibility, making it an attractive opportunity for businesses seeking a well-equipped and strategically positioned industrial space. The property's existing infrastructure and ample space provide a solid foundation for a variety of manufacturing or potentially other suitable businesses. The combination of convenient features, ample space, and desirable location makes this a compelling investment opportunity.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,500 SF
Lot 0.16 ac (7,000 SF)
Zoning code ST1
APN 0408-11-0048
UPID US18-4962700
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
by Request
CAP Approach CAP
$620k
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$335k
Owner & transaction history
Griffith Properties LLC · 8 yrs held
Griffith Properties LLC
since 2018
5 recorded transactions
2025
Price N/A
2018
$775,000
2009
Price N/A
2008
Price N/A
2006
Price N/A
Zoning & alternative use
ST1 · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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