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Office Unit with Private Offices
For Sale
$270,000

102-5245 Office Park Blvd, Bradenton, FL 34203

Three enclosed workrooms, built-in cabinetry, and a kitchenette support day-to-day professional operations.

Property Size983 SF
Price / SF$274.67
Days on Market176

Property Features for 102-5245 Office Park Blvd

General Information

Standard status Active
Size 983 SF

Taxes and HOA fees

Annual Taxes $2,914
Listing Agency: PARADISUS REALTY GROUP CO
Listed By: Oscar Jimenez Romero · License #3642328
Source: Exprealty
Added: Apr 23 Changed: Oct 2 Last Checked: Oct 15 at 2:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PARADISUS REALTY GROUP CO

Investment Insights

Based on property information with market context.

This office unit is configured with three private offices, built-in cabinetry, and fixed furnishings. A dedicated kitchenette includes a refrigerator and microwave, adding practical support for daily operations. The space is positioned for immediate occupancy and can accommodate medical, administrative, or general office use.

The unit is located within an established professional office park with access from the Peridia Country Club entrance. Its Bradenton setting provides access to SR 70 and US 301, while on-site parking directly in front of the unit supports convenient arrival for clients and staff.

Key Highlights

  • Three private offices with built‑in cabinetry and fixed furnishings
  • Dedicated kitchenette with refrigerator and microwave
  • Immediate‑occupancy office configuration for medical, administrative, or general office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,052
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,040 $321.0K
Cap Rate 7%
$229,314 $229.3K
Cap Rate 9%
$178,356 $178.4K
Market Conditions
NOI Build-Up for 983 SF
Gross rent
$22.6K $23.04/SF
− Vacancy
−$1.2K −$1.27/SF
EGI
$21.4K $21.77/SF
− OpEx
−$5.4K −$5.44/SF
NOI
$16.1K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,040
Cap Rate 7%
$229,314
Cap Rate 9%
$178,356

Alternative Uses

Best Use
Office B
$229.3K
$200.7K – $267.5K (±1% cap)
NOI $16,052 @ 7.0% cap · market cap 5.95%
Second Best
Healthcare Medical
$216.8K
$189.7K – $252.9K (±1% cap)
NOI $15,176 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$289.1K
$252.9K – $337.3K (±1% cap)
NOI $20,235 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Dental Office Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

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

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?
Office units - Three enclosed workrooms, built-in cabinetry, and a kitchenette support day-to-day professional operations.
Where is this office units located?
The property is located at 102-5245 Office Park Blvd Bradenton, FL.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Three private offices with built‑in cabinetry and fixed furnishings; Dedicated kitchenette with refrigerator and microwave; Immediate‑occupancy office configuration for medical, administrative, or general office use
More about this property
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