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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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