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    Property profile & analytics

    2989 Executive Dr Venice, FL 34292

    • Drive through restaurants
    • 1,950 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $2,420,000
    Last Sale
    Aug 03, 2021
    $1,888,900
    Location Intelligence
    Property ID
    US18-4549394
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 2989 Executive Dr

    Year built
    2021
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    1,950 SF
    Zone code
    CHI; EVA
    Property type
    Drive through restaurants
    APN
    0398-13-1002
    APU
    398131002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,070,000
      6.5%
      $1,960,000
      7%
      $1,885,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,175,000
      Geo Method
      $1,855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,870,000
      Retail
      $1,905,000
      Mixed-Use
      $1,940,000
      Hospitality
      $2,225,000
      Educational
      $1,755,000
      Residential Income
      $1,740,000
      Energy
      $2,180,000
      Income-Based Land
      $2,110,000
      Food Service
      $1,865,000

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.3836
    Latitude
    27.107
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,267
    $679,300
    $880,200
    $1,559,500
    -
    $679,300
    $880,200
    $1,559,500

    Comparable in this City

    • Value Estimation by Request
      3,705 SF

      325 Commercial Ct

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,705 SF
      325 Commercial Ct, Venice, FL 34292-1649
      View Details
    • Value Estimation by Request
      3,007 SF

      1465 Venice Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,007 SF
      1465 Venice Ave, Venice, FL 34292-3064
      View Details
    • Value Estimation by Request
      4,362 SF

      19355 Times Cir

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,362 SF
      19355 Times Cir, Venice, FL 34292-3601
      View Details
    • Value Estimation by Request
      2,249 SF

      2983 Executive Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,249 SF
      2983 Executive Dr, Venice, FL 34292-2469
      View Details
    • Value Estimation by Request
      2,597 SF

      19451 Times Cir

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,597 SF
      19451 Times Cir, Venice, FL 34292-3603
      View Details
    • Value Estimation
      $770,000
      1,013 SF

      339 Commercial Ct

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,013 SF
      339 Commercial Ct, Venice, FL 34292-1649
      View Details

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      Spacious warehouse with overhead doors and high ceilings.
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      View Details
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    2989 Executive Dr
    Venice, FL 34292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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