Property profile

329 Nokomis Ave S Ste I Venice, FL 34285

OFF-MARKET
Medical Office Space
Property ID
US18-4211632
874 SF Built 1981
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 874 SF
Zoning code OPI
APN 0408-14-1009
UPID US18-4211632

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
  • Medical Clinic
  • Accounting Firm
  • Physician
  • Physician
  • Medical Clinic

Location

329 Nokomis Ave S Ste I Venice, FL 34285-2418
Venice metro Census 2401 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2015
Last sale
$1.0M
3 recorded transactions
2015
$150,000
2014
Price N/A
2003
$79,300

Zoning & alternative use

OPI · Venice, FL
Zoning description

Office, Professional and Institutional (OPI); v. Commercial, Mixed Use (CMU); vi. Commercial, Shopping Center (CSC); vii. Planned Industrial Development (PID); viii. Planned Commercial Development (PCD); ix. Industrial (…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $725,000 +148.4%

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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