Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    912 Piney Point Rd Palmetto, FL 34221

    Sponsored
    For Sale
    $175,000

    Land - PALMETTO, FL

    Lot size:
    0.22 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 24 at 2:06 pm

    Property Features for 912 Piney Point Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A1/CH
    APN
    2058800000
    Pets allowed
    Yes
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Matthew Bender

    Leslie Wells Realty, Inc. (941) 812-0859

    Listing agent Matthew Bender (941) 776-5571 License #3563290

    Listing date Jan 12, 2026

    MLS# A4677359 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.

    Learn more

    Property Insight Report

    Overview

    Cleared Land Near Tampa Bay

    This cleared quarter-acre property is located steps from Tampa Bay and a public boat launch. The prior residence has been removed, leaving the land ready for new construction. A 30’ x 40’ RV structure built on a concrete slab (approximately 6 inches) is on the property, providing covered space for an RV, boat, or storage. There is also a small finished shed with electrical wiring and air conditioning, suitable for storage, hobby use, or a workshop. An existing artesian well provides a continuous water source without electrical power. Located in Palmetto, Florida, the property has no HOA, offering flexibility. It provides quick access to fishing, kayaking, and boating in Tampa Bay, along with nearby waterfront dining and convenient connections to Palmetto, Bradenton, and the greater Tampa Bay area. The property is zoned A1/CH. Much of the groundwork is in place, making it suitable to build now or hold. The lot size is 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Department Store Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.554567
    Latitude
    27.641811

    Nearby Similar for Sale

    • $725,000
      Pending

      Versatile Palmetto Property with ADU

      Unique Palmetto duplex with ADU, studios, and income potential.
      1499 17Th St W, Palmetto, FL 34221
      View Details
    • $1,500,000
      3,946 SF

      Equestrian Center with 20-Stall Barn

      4.9-acre Palmetto horse ranch with Mediterranean home and guest cabin.
      9510 36Th Ave E, Palmetto, FL 34221
      View Details
    • $60,000
      0.02 Acres

      RV Lot in 55+ Community

      RV lot with shed in waterfront 55+ community.
      136 Bahia Dr, Palmetto, FL 34221
      View Details
    • $289,000
      0.03 Acres

      Riviera Dunes Marina Slip Available

      70' boat slip in a protected Florida marina.
      102 Riviera Dunes Way, Palmetto, FL 34221
      View Details
    • $62,500
      0.01 Acres

      RV Lot in Tropic Isles

      RV lot in 55+ waterfront community, Palmetto, Florida.
      63 Terra Ceia Dr, Palmetto, FL 34221
      View Details
    • New
      $69,900
      0.06 Acres

      RV Lot in Waterfront Community

      Ready-to-go RV lot in 55+ waterfront community.
      62 Terra Ceia Dr, Palmetto, FL 34221
      View Details
    • $429,000
      Pending

      Palmetto Quadplex with Seller Financing

      Concrete block quadplex in Palmetto, Florida, with seller financing.
      116 12Th St W, Palmetto, FL 34221
      View Details
    • $90,000
      0.10 Acres

      Waterfront Lot in 55+ Community

      Canal-front lot with boat dock in Palmetto, Florida.
      251 Aloha Dr, Palmetto, FL 34221
      View Details
    • $250,000
      0.11 Acres

      Waterfront Lot in Palmetto, FL

      Oversized waterfront lot with direct canal access and new dock.
      196 Bimini Dr, Palmetto, FL 34221
      View Details
    • $52,000
      0.04 Acres

      Cleared RV Lot in Palmetto

      RV lot in 55+ waterfront community with many amenities.
      39 Montego Dr, Palmetto, FL 34221
      View Details
    • $2,500,000
      12,668 SF

      Light Industrial Facility Near Port

      Meticulously maintained warehouse with office near major transportation routes.
      2200 Frog Echo Rd, Palmetto, FL 34221
      View Details
    • $1,400,000

      Renovated Building on US41/US19 Interchange

      Modernized freestanding building suitable for retail, restaurant, or offices.
      3966 S 41St St, Palmetto, FL 34221
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared quarter-acre property near Tampa Bay with RV structure and shed.
    Where is this residential land & home lot located?
    The property is located at 912 Piney Point Rd Palmetto, FL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime Location: Steps from Tampa Bay and a public boat launch, offering immediate access to waterfront activities.; - RV Structure: Includes a 30’ x 40’ RV structure on a concrete slab, suitable for RV, boat, or storage.; - Cleared Quarter-Acre Lot: The previous residence has been removed, providing a clean slate for new construction.
    (941) 725-3373
    Request Owner's contact information
    912 Piney Point Rd Palmetto, FL 34221
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    912 Piney Point Rd
    Palmetto, FL 34221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    912 Piney Point Rd Palmetto, FL 34221
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Bender
    Real Estate License ID: 3563290
    (941) 725-3373
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.