421 Commercial Ct Venice, FL 34292
Property Lookup
Property profile & analytics
421 Commercial Ct Venice, FL 34292
- Office buildings
- 11,600 SF
- 3.36 lot acres
Property ID
US18-2233939
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.
Location Intelligence
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
- Property size
- 11,600 SF
- Zone code
- CHI
- Property type
- Office buildings
- APN
- 0400-16-0001
- APU
- 400160001
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
based on Realmo’s proprietary methodology
-
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
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
$45,470
$792,200
$2,773,700
$3,565,900
-
$792,200
$2,773,700
$3,565,900
