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Property profile & analytics
OFF-MARKET
Office buildings

740 The Rialto Venice, FL 34285-3524

2,825 SF 0.24 ac lot Built 1982
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-5412357
Property summary
AI-generated overview

This freestanding medical/professional office building in Venice, Florida, offers two available suites totaling 3,185 square feet, with the option to combine them for a larger space. Located at 740 The Rialto, this property boasts a total building area of 3,165 square feet situated on a 10,500 square foot lot. Individual suites range from 1,558 to 1,627 square feet and feature multiple offices, ADA-compliant restrooms, kitchenettes, and in one case, dedicated lab space. The building underwent a complete renovation in 2024, presenting a turnkey opportunity for medical or professional practices. The ST2 - South Trail Subarea zoning designation provides flexibility for various uses. The property's Sarasota County location (APN: 0429140022) offers easy access to the vibrant Venice community, known for its strong economy and high quality of life, particularly attractive to businesses catering to a retiree demographic. This location provides excellent accessibility and a supportive business environment, making it an ideal setting for establishing or expanding a professional practice. The combined space offers potential for 12+ offices and lab space.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,825 SF
Lot 0.24 ac (10,500 SF)
Zoning code ST2
APN 0429-14-0022
UPID US18-5412357
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
  • Lastomirsky Robert R MD Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
740 The Rialto LLC · 4 yrs held
740 The Rialto LLC
since 2021
Last sale
$200,000
1 recorded transaction
2021
$200,000
Zoning & alternative use
ST2 · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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