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    Property profile & analytics
    OFF-MARKET Estimated value $500,000
    Commercial land

    3498 Laurel E Rd, North Venice, FL 34275-3268

    1.56 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US18-6358752
    Property summary
    AI-generated overview

    This exceptional 2.58-acre commercial land parcel presents a prime development opportunity in the rapidly growing Nokomis, Florida market. Located at the signalized intersection of Laurel Road and Knights Trail, this property boasts 560 feet of frontage and offers unparalleled visibility and accessibility. Its strategic location is just 0.25 miles from I-75, providing convenient access to major transportation routes. The site is situated within a thriving residential area, with over 6,700 planned housing units nearby, ensuring a robust customer base. Furthermore, the property's proximity to a new, large Sarasota Memorial Hospital campus (less than a mile away) and significant employment centers like PGT (2,800+ employees) and Tervis (680+ employees) creates a high-demand location for commercial development. The land is currently vacant and commercially zoned, ready for immediate development. The site is rough-graded and ready for delivery, minimizing upfront development costs. This property represents a unique chance to capitalize on the explosive growth in this area and establish a successful commercial venture. The Knights Trail extension will further enhance connectivity and accessibility, solidifying this location as a key commercial hub. This is a rare opportunity to secure a prominent position in a booming market.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.56 ac (67,974 SF)
    Zoning code LE
    APN 0387-01-0010
    UPID US18-6358752
    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
    Current use
    Occupant on record · Public records
    • Reliable Pool LLC General Contractor
    • Bad To the Bone Taxidermy Taxidermist Fishing Charter
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $500k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $500k
    Owner & transaction history
    LAUREL ROAD COMMONS LLC
    LAUREL ROAD COMMONS LLC
    Zoning & alternative use
    LE · North Venice, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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