Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    862 E 62Nd St Bradenton, FL 34209

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $27 SF/Yr ($2,238 /Mo)

    Prime commercial property in Bradenton, FL, suitable for various businesses.

    Property size:
    995 SF
    Lot size:
    6.26 Acres

    Property Features for 862 E 62Nd St

    General Information

    Size
    995 SF
    Lot size
    6.26 Acres

    We can help!

    Listing Contact
    Benjamin Bakker
    Benjamin Bakker
    Source: Moodyscre

    Listing Agent: Benjamin Bakker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Adaptable Commercial Space For Lease

    Located at 812-887 62nd Street Circle East in Bradenton, FL, this commercial property offers a leasing opportunity suitable for retail, office, or service-based enterprises. The property features modern design, ample parking, and excellent visibility. The interiors provide customizable layouts, large windows for natural light, and high ceilings. The property has easy access to major roads and is situated within a rapidly growing community. The available space is 995 square feet and the listing price is $27.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6238462
    Latitude
    27.4918234

    Nearby Similar for Lease

    • $995 /Mo
      520 SF

      Remodeled Office Space in Bradenton

      Remodeled office space available immediately in West Bradenton, Florida.
      4016 Cortez Rd W, Bradenton, FL 34210
      View Details
    • $30 SF/Yr
      14,000 SF

      Retail Space on High-Traffic Highway

      New retail space for lease on a busy highway.
      6812 14Th St W, Bradenton, FL 34207
      View Details
    • New
      $49 SF/Yr
      8,640 SF

      Restaurant Space in Lakewood Ranch

      Restaurant space in a busy plaza in Lakewood Ranch, Florida.
      2507 Lakewood Ranch Blvd, Bradenton, FL 34211
      View Details
    • New
      $7,850 /Mo
      6,500 SF

      Showroom & Warehouse with Exposure

      6,500 SF showroom and warehouse space available for lease.
      2398 63Rd Ave E, Bradenton, FL 34203
      View Details
    • New
      $2,600 /Mo
      1,560 SF

      Bradenton Industrial Space For Rent

      Industrial unit near I-75 and SR 70, built in 2019.
      4803 Lena Rd, Bradenton, FL 34211
      View Details
    • $35 SF/Yr
      5,578 SF

      New Bradenton Office Suites Available

      Modern Bradenton office suites available for lease, built to suit.
      201 5Th Avenue Dr E, Bradenton, FL 34208
      View Details
    • $25 SF/Yr
      5,559 SF

      Prime Commercial Space in Bradenton

      2,500 SF space ideal for medical, retail, or office.
      1905 Cortez Rd W, Bradenton, FL 34207
      View Details
    • $27,000
      18,767 SF

      Bradenton Warehouse with Retail Space

      Warehouse with retail, storage, canopies, and outside storage.
      5611 301 Blvd East, Bradenton, FL 34203
      View Details
    • $25 SF/Yr
      26,496 SF

      Renovated Bradenton Office Space Available

      Renovated office building with flexible spaces and tenant improvement allowance.
      109 44Th Avenue Dr East, Bradenton, FL 34203
      View Details
    • $29 SF/Yr
      27,390 SF

      Medical Office Conversion Opportunity

      Convertible office space in high-traffic area near I-75 and Lakewood Ranch.
      4730 State Road 64, Bradenton, FL 34208
      View Details
    • $25 SF/Yr
      42,131 SF

      High Visibility Retail Plaza Available

      Retail/office plaza with high traffic and visibility on Manatee Avenue.
      7421 Manatee Ave West, Bradenton, FL 34209
      View Details
    • $4,300 /Mo
      2,044 SF

      Turnkey Medical Office in Bradenton

      Freestanding medical office space in a professional center.
      4812 26Th Street Ct West, Bradenton, FL 34207
      View Details

    FAQs

    What type of property is this?
    Office space - Prime commercial property in Bradenton, FL, suitable for various businesses.
    Where is this office space located?
    The property is located at 862 E 62Nd St Bradenton, FL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Prime commercial property in a rapidly growing community.; - Versatile space suitable for retail, office, or service-based enterprises.; - Excellent visibility and easy access to major roads.
    (941) 285-6727
    Request Owner's contact information
    862 E 62Nd St Bradenton, FL 34209
    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.
    862 E 62Nd St
    Bradenton, FL 34209
    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
    862 E 62Nd St Bradenton, FL 34209
    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
    Benjamin Bakker
    Benjamin Bakker
    Real Estate License ID: FL 3279071
    (941) 285-6727
    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.