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Newly Built Industrial Warehouse
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11524 31st Terrace East, Palmetto, FL 34221

Industrial warehouse and office facility with outdoor storage, grade-level access, and an existing tenant.

Property Size8,680 SF
Lot Size1.75 Acres
Days on Market110

Property Features for 11524 31st Terrace East

General Information

Standard status Active
Size 8,680 SF
Lot size 1.75 Acres
Property subtype Industrial
Zoning PDEZ
Occupancy 100%

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 7,780 SF
Office Build-Out 900 SF
Drive-In Doors 4

Additional Details

Outdoor Storage Yes

Building Details

Building Size 8,680 SF
Year Built 2024
Buildings 1
Tenancy Single
Listing Agency: Franklin Street - Corporate
Listed By: Brad Hutton · License #FL #SL3488060
Source: Franklinst
Added: May 14 Changed: Aug 29 Last Checked: Aug 30 at 1:20PM

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 Franklin Street - Corporate

Investment Insights

Based on property information with market context.

Constructed in 2024, this warehouse property combines 7,780 square feet of warehouse area with 900 square feet of office space, totaling 8,680 square feet on approximately 1.75 acres of net usable land. The building offers 20-foot clear height, four overhead doors measuring 14 feet high by 12 feet wide, and grade-level access. The site is zoned PDEZ (Planned Development Encouragement Zone) and includes outdoor storage.

The property is located in Palmetto, Florida, near Port Manatee, Manatee Airport, FedEx Ground, and an active industrial corridor. It is fully leased to McShea Contracting, LLC, a pavement marking and specialty services contractor with more than 45 years in business. The surrounding 3-mile population is projected to increase from 16,058 in 2025 to 21,390 in 2030.

Key Highlights

  • 8,680 SF building on approximately 1.75 acres of net usable land
  • 7,780 SF warehouse plus 900 SF office space
  • 20‑foot clear height with four overhead doors

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Florist Plumbing Service Restaurant

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

20 ft
Clear height
4
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 34221, FL

48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse and office facility with outdoor storage, grade-level access, and an existing tenant.
Where is this warehouse located?
The property is located at 11524 31st Terrace East Palmetto, FL.
What are key features of this property?
This property features: 8,680 SF building on approximately 1.75 acres of net usable land; 7,780 SF warehouse plus 900 SF office space; 20‑foot clear height with four overhead doors
More about this property
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