421 Commercial Ct, Venice, FL 34292
- Office buildings
- 11,600 SF
- 3.36 lot acres
Current Use by Public Records
- Pooja Pothiwala / Physician
- Compassionate Care 425 Commercial Court, Suite C. / Physician
- Jennifer J. Upton, LMHC / Counselor
- Ashley L. Barnette, MSW / Foster Care Service / Social Service Agency
- Mr. Vinod Bhatnagar / Physician
Property Details for 421 Commercial Ct
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.36 lot acres
- Zone code
- CHI
- Property type
- Office buildings
- APN
- 0400-16-0001
- APU
- 400160001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 1, 2011 | $200,000 | N Lockwood Ridge Rd LLC | Privitello,filippo | Warranty Deed | — |
| Oct 11, 2010 | $110,000 | Jacaranda North Corp | Venice Interchange Corp | Warranty Deed | — |
| Jun 13, 2002 | $400,000 | Lvop F & G LLC | Jacaranda Commerical Corp | Grant Deed | — |
| Jun 13, 2002 | $87,800 | Sun Acre Corp | Lvop F & G LLC | Grant Deed | — |
| Jun 13, 2002 | $529,500 | Parker Trust | Lvop F & G LLC | Grant Deed | — |
| Oct 3, 2001 | $150,000 | Venice Interchange Corp | Jacaranda Commercial Corp | Grant Deed | — |
| Aug 23, 2001 | $1,588,300 | Kalin Financial Co | Jacaranda Commercial Corp | Grant Deed · related | $1.1M · Bank Of America |
| Mar 9, 2000 | $373,800 | Jacaranda North Corp | Everglades Road Associates Ltd | Grant Deed | $245k · Tarue Corp |
| Mar 8, 2000 | $628,500 | Jacaranda Commercial Corp | Everglades Road Associates Ltd | Trustees Deed | $500k · Kalin Financial Co |
| Mar 8, 2000 | $1,115,200 | Palermo,george & Loren | Everglades Road Associates Ltd | Trustees Deed | $1.1M · Tarue Corp |
| Mar 11, 1999 | $268,000 | Kmb Financial Group INC | Everglades Road Assoc Ltd | Grant Deed · related | $400k · Kane Trust |
| Dec 24, 1997 | $330,800 | Robert H Goldberg | Everglades Road Associates Ltd | Grant Deed | $298k · Northern Trust Bank Of Florida |
| Sep 19, 1997 | $325,000 | Jacaranda Hospitality INC | Guran Associates | Grant Deed | $3.2M · Busey Bank |
| Sep 17, 1997 | $168,000 | Jacaranda Commercial Corp | Everglades Road Assoc Ltd | Grant Deed | $885k · Suntrust Bank Gulf Coast |
| Mar 13, 1997 | $325,000 | Guran Assoc | Everglades Road Assoc Ltd | Grant Deed | — |
Description
This exceptional office space, located at 421 Commercial Court in the prestigious Lakeview Office Park, offers two available suites totaling 5,472 square feet. Built in 2003, this single-story building provides a timeless aesthetic within a convenient, shared parking lot setting. The suites are ideal for a variety of professional uses, including medical practices, accounting firms, or legal offices. The property is zoned CHI - COMMERCIAL, HIGHWAY INTERCHANGE, providing excellent visibility and accessibility. Its strategic location just off I-75 at Jacaranda Boulevard in Venice ensures high traffic exposure, benefiting from the flow of traffic from Venice, Sarasota, and North Port. The owner is offering a tenant improvement allowance to the successful tenant. The property features a total of 5,472 square feet of vacant space, with two individual suites available. This is a rare opportunity to secure prime office space in a highly desirable location. The property's single-story design and ample parking make it an attractive option for businesses of all sizes. Don't miss this chance to establish your business in this thriving area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,005,000
- 6.5%
- $2,775,000
- 7%
- $2,575,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,482,000
- AI Estimate
- $3,405,000
Market price range: $2.19M - $4.48MMarket price range: $1.25M - $3.41M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,090,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $5,235,000 Change: +69% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $5,040,000 Change: +63% Conversion: Difficult
- MEDICAL BUILDING
- $3,885,000 Change: +26% Conversion: Easy
- RETAIL STORES
- $3,410,000 Change: +10% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.3867
- Latitude
- 27.1096
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
