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Flex Space with Industrial Power
For Sale
$2,000,000
Pending

2953 63RD Avenue E, Bradenton, FL 34203

Commercial Sale, BRADENTON, FL

Property Size13,698 SF
Lot Size0.98 Acres
Days on Market204

Property Features for 2953 63RD Avenue E

General Information

Property type Commercial Sale
Property subtype Other
Zoning LM
Window features Blinds, Double Pane Windows
Subdivision ONECO PARK
Lot features Central Business District, Industrial Park, Near Public Transit, Paved
Directions If you are driving South on US Highway New 301 from Bradenton towards Sarasota you will take a Left on 63rd Ave E. 2953 will be on your left.
Standard status Pending
APN 18726-1000-9
Lot size 0.98 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BEG AT THE SE COR OF LOT 9, HENSON INDUSTRIAL PARK, SD PT ALSO BEING ON THE W R/W LN OF 31ST ST E; TH S 00 DEG 03 MIN 27 SEC E ALG THE W R/W LN OF SD 31ST ST E, 308.00 FT TO INTERSECT WITH THE N R/W LN OF 63RD AVE E; TH N 89 DEG 43 MIN 16 SEC W, ALG THE N R/W LN OF SD 63RD AVE E, 153.77 FT FOR A POB; TH CONT N 89 DEG 43 MIN 16 S EC W, ALG SD N R/W, 153.77 FT;
Tax Annual Amount 16732
Legal Description BEG AT THE SE COR OF LOT 9, HENSON INDUSTRIAL PARK, SD PT ALSO BEING ON THE W R/W LN OF 31ST ST E; TH S 00 DEG 03 MIN 27 SEC E ALG THE W R/W LN OF SD 31ST ST E, 308.00 FT TO INTERSECT WITH THE N R/W LN OF 63RD AVE E; TH N 89 DEG 43 MIN 16 SEC W, ALG THE N R/W LN OF SD 63RD AVE E, 153.77 FT FOR A POB; TH CONT N 89 DEG 43 MIN 16 S EC W, ALG SD N R/W, 153.77 FT;

Utilities

Utilities Phone Available
Sewer type Septic Needed
Cooling system Central Air
Water source Public, Well

Building Details

Year built 1989
Floors in Building 1
Flooring type Carpet, Concrete, Tile - Ceramic
Building materials Metal Frame, Metal Siding
Listing Agency: CENTURY 21 ROSEBAY
Listed By: Michelle Jones · License #3344811
Added: Mar 19 Changed: Sep 28 Last Checked: Oct 8 at 10:06AM
MLS# A4687023

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.

This LM-zoned flex property contains approximately 13,698 square feet across an approximately 12,000-square-foot warehouse and approximately 1,700 square feet of office space. The building includes 11 air-conditioning units totaling 55 tons, two bathrooms with six toilets and two urinals, concrete, ceramic tile, and carpet flooring, plus central air. Office areas have been updated with new carpet and paint. Metal-frame construction, metal siding, double-pane exterior windows, and a roof approximately 10 years old are also documented. Built in 1989, the facility sits on 0.98 acres and is reported to be outside a flood zone.

Electrical service includes 900 amps of three-phase 480-volt power and 400 amps of 120/240-volt service. The property is located at 2953 63rd Avenue E in Bradenton, near New 301 and within minutes of Sarasota/Bradenton Airport. Water sources include well and public water, while septic is noted as needed.

Key Highlights

  • Approximately 13,698 SF on 0.98 acres
  • Approximately 12,000 SF warehouse and 1,700 SF office area
  • 900 amps of 3 phase 480 Volt power

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$139,932
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,798,640 $2.8M
Cap Rate 7%
$1,999,029 $2.0M
Cap Rate 9%
$1,554,800 $1.6M
Market Conditions
NOI Build-Up for 13,698 SF
Gross rent
$171.0K $12.48/SF
− Vacancy
−$6.3K −$0.46/SF
EGI
$164.6K $12.02/SF
− OpEx
−$24.7K −$1.80/SF
NOI
$139.9K $10.22/SF
Area
Manatee County, FL
Vacancy
3.70%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,798,640
Cap Rate 7%
$1,999,029
Cap Rate 9%
$1,554,800

Alternative Uses

Best Use
Office B
$3.20M
$2.80M – $3.73M (±1% cap)
NOI $223,683 @ 7.0% cap · market cap 11.18%
Second Best
Warehouse
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,932 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$4.03M
$3.52M – $4.70M (±1% cap)
NOI $281,971 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Rock River Tool ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34203, FL

39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial facility combining warehouse and office areas with substantial three-phase electrical service.
Where is this flex space located?
The property is located at 2953 63RD Avenue E Bradenton, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 13,698 SF on 0.98 acres; Approximately 12,000 SF warehouse and 1,700 SF office area; 900 amps of 3 phase 480 Volt power
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