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Self-Storage Facility

Venice, FL Storage Opportunity

385 Commercial Ct, Venice, FL 34292

Listing Price: $1,675,000

Number of Units
644
Occupancy
50.0%
Gross SF
90,436
Rentable SF
63,444
Price/Rentable SF
$26.40
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Venice, Florida Storage Development Opportunity. Venice is a rapidly growing city in the Sarasota region. The land is zoned and entitled and is approved for a four story facility with a drive-through that will feature 63,444 net rentable square feet with 607 climate-controlled units and 37 non-climate-controlled units. Just about all of the site work is already completed, including asphalt, curbing, retention pond, utilities to lot line, and street egress.

Investment Highlights

  • Sarasota, Florida Area Self-Storage Development Opportunity
  • Located in the Rapidly Growing City of Venice
  • Selling Land that is Zoned and Entitled
  • Approved Four-Story Facility with a Drive-Through
  • Seller Took Land Through a Rezoning Process and Spent Around $750,000 in Site Work

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Self-Storage Facility

Venice, FL Storage Opportunity

Listing Price: $1,675,000

Number of Units
644
Occupancy
50.0%
Gross SF
90,436
Rentable SF
63,444
Price/Rentable SF
$26.40
Year Built
2024

Investment Highlights

  • Sarasota, Florida Area Self-Storage Development Opportunity
  • Located in the Rapidly Growing City of Venice
  • Selling Land that is Zoned and Entitled
  • Approved Four-Story Facility with a Drive-Through
  • Seller Took Land Through a Rezoning Process and Spent Around $750,000 in Site Work

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Venice, Florida Storage Development Opportunity. Venice is a rapidly growing city in the Sarasota region. The land is zoned and entitled and is approved for a four story facility with a drive-through that will feature 63,444 net rentable square feet with 607 climate-controlled units and 37 non-climate-controlled units. Just about all of the site work is already completed, including asphalt, curbing, retention pond, utilities to lot line, and street egress.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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