Cabinetry
New
For Sale
$250,000
2120 MANATEE Avenue E, Bradenton, FL 34208
Business Opportunity, BRADENTON, FL
Property Size1,200 SF
Price / SF$208.33
Days on Market1
Property Features for 2120 MANATEE Avenue E
General Information
Property type
Residential
Property subtype
Retail
Zoning
UCC
Window features
Display Window(s)
Subdivision
DR J C PELOTS ADD TO MANATEE
Standard status
Active
APN
1332400058
Size
1,200 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
LOTS 3 & 4, BLK 28, LESS 117 SQ FT TO DOT AS DESC IN R 1112 P 2873 PRMCF PELOTS ADD TO MANATEE PI#13324.0005/8
Legal Description
LOTS 3 & 4, BLK 28, LESS 117 SQ FT TO DOT AS DESC IN R 1112 P 2873 PRMCF PELOTS ADD TO MANATEE PI#13324.0005/8
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Vinyl
Building materials
Block, Stucco
Listing Agency:
COLDWELL BANKER REALTY
(941) 383-6411
Listed By:
Kierstin Baldwin-Chase
(727) 484-4471
Added: Oct 2
Last Checked: Oct 2 at 9:06PM
MLS# A4708270
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 1,200-square-foot storefront is finished with vinyl flooring and has central air conditioning. Block and stucco construction, public water service, and public sewer serve the property. The site is zoned UCC.
The associated kitchen and bathroom remodeling company has served the area since 1989. Its services include cabinetry, countertops, tile, plumbing coordination, and full remodeling work.
The associated kitchen and bathroom remodeling company has served the area since 1989. Its services include cabinetry, countertops, tile, plumbing coordination, and full remodeling work.
Key Highlights
- 1,200 square feet of storefront space
- UCC zoning
- Block and stucco construction with vinyl flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,757
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$295,140
$295.1K
Cap Rate 7%
$210,814
$210.8K
Cap Rate 9%
$163,967
$164.0K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.6K $18.00/SF
− Vacancy
−$518 −$0.43/SF
EGI
$21.1K $17.57/SF
− OpEx
−$6.3K −$5.27/SF
NOI
$14.8K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$295,140
Cap Rate 7%
$210,814
Cap Rate 9%
$163,967
Alternative Uses
Best Use
Retail
$210.8K
$184.5K – $246.0K
NOI $14,757 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.9K
$308.8K – $411.7K
NOI $24,702 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Electronics 12%
Chevron
Shops & Services
5,348 visits/mo
0.3 miles
Food Mart
Shops & Services
5,146 visits/mo
0.4 miles
BP
Shops & Services
4,730 visits/mo
0.5 miles
Citgo
Shops & Services
2,806 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
2,362 visits/mo
0.2 miles
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - The established remodeling business handles cabinetry, countertops, tile, plumbing coordination, and complete kitchen and bathroom projects.
Where is this storefront property located?
The property is located at 2120 MANATEE Avenue E Bradenton, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,200 square feet of storefront space; UCC zoning; Block and stucco construction with vinyl flooring
