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    Established Bradenton Industrial Property Title is generated by Realmo AI

    2953 63RD AVENUE E, Bradenton, FL 34203

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    For Sale
    $2,400,000

    Industrial - BRADENTON, FL

    Type:Industrial
    Property size:
    13,698 SF
    Lot size:
    0.98 Acres
    Price / SF:
    $175/SF
    Added:
    Mar 19, 2026
    Days on Market:
    55
    Last Refresh:
    May 12 at 11:06 am

    Property Features for 2953 63RD AVENUE E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Zoning
    LM
    Security features
    Fire Alarm, Smoke Detector(s)
    Exterior features
    Paved
    Standard status
    Active
    APN
    18726-1000-9
    Size
    13,698 SF
    Lot size
    0.98 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    16732

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Flooring type
    Carpet, Concrete, Tile, Tile - Ceramic
    Building materials
    Frame, Metal Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle Jones

    Listing agent Michelle Jones License #3344811

    Listing office ROSEBAY INTERNATIONAL REALTY, INC 1815 S Osprey Avenue, Sarasota, FL

    Listing date Mar 19, 2026

    MLS# A4687023 Listing URL

    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.

    HighLights

    • Prime location off 63rd Ave E and New 301, minutes from Sarasota/Bradenton Airport.
    • Large 13,698 sq ft building under AC, with approximately 12,000 sq ft warehouse and 1,700 sq ft office space.
    • Ample power supply: 900 amps of 3 phase 480 Volt and 400 amps of 120/240 volt.
    • Not in a flood zone; built a foot above code.
    • Relatively new roof (10 years old) and double‑pane exterior windows.
    • Offices recently updated with new carpet and paint.

    Overview

    This established industrial property is located off 63rd Ave E and New 301 in Bradenton, Florida, within minutes of Sarasota/Bradenton Airport. The property includes 13,698 square feet under 55 tons of air conditioning and sits on just shy of an acre. The warehouse space is approximately 12,000 square feet, while the office space is approximately 1,700 square feet. The property features two bathrooms with six toilets and two urinals, as well as mature landscaping. Constructed a foot above code at the time of building, the property is not in a flood zone. The roof is 10 years old, and the exterior windows are double pane. The property has ample power with 900 amps of 3 phase 480 Volt and 400 amps of 120/240 volt. The offices have been updated with new carpet and paint. The property is zoned LM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rock River Tool ... Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Store More 33rd Street, LLC. — 6011 33rd St E, Bradenton, FL 34203
    • Honey Bee RV Storage Sarasota — 6808 33rd St E, Sarasota, FL 34243

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.525768
    Latitude
    27.429641

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    FAQs

    What type of property is this?
    Warehouse - Well-located industrial property with warehouse and office space for sale.
    Where is this warehouse located?
    The property is located at 2953 63RD AVENUE E Bradenton, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Prime location off 63rd Ave E and New 301, minutes from Sarasota/Bradenton Airport.; **Large 13,698 sq ft building under AC**, with approximately 12,000 sq ft warehouse and 1,700 sq ft office space.; **Ample power supply: 900 amps of 3 phase 480 Volt and 400 amps of 120/240 volt.**
    (941) 366-7673
    We can help!
    Listing Contact
    Michelle Jones
    Real Estate License ID: 3344811
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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