High-Visibility Industrial Compound in
2398 63RD AVENUE E Bradenton, FL 34203
2398 63RD AVENUE E, Bradenton, FL, 34203
$3,595,000
For Sale
$3,595,000
2.4-acre industrial property with showroom and warehouse space.
Property Size14,500 SF
Lot Size2.38 Acres
Price / SF$247.93
Days on Market281
Property Features for 2398 63RD AVENUE E
General Information
- Standard status
- Active
- Size
- 14,500 SF
- Lot size
- 2.38 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1981
Listing Agency
RE/MAX ALLIANCE GROUP
(813) 259-0000
Listed by
YINGYI XU · License #3218790
Source
Corcoran
Added: Oct 14, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 19 at 3:58 am
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 RE/MAX ALLIANCE GROUP
Investment Insights
Based on property information with market context.
This 2.4-acre industrial compound is located in central Bradenton and offers high-visibility frontage on 63rd Street. The property includes two upgraded buildings totaling 14,500 square feet of showroom and warehouse space. Building A has a total area of 10,000 square feet, featuring a 2,500 square foot modern showroom/office, a 5,500 square foot warehouse with three loading docks (one grade-level and two ground-level), and a 2,000 square foot covered outdoor workstation. Building B, currently generating $5,000 per month in passive income, is a 4,500 square foot warehouse with a private office and three level loading doors. The property features 21-foot clear heights, 3-phase power, and over 30 dedicated parking spaces, along with additional yard storage. The lot includes a retention pond and minimal vegetation, allowing for future development or footprint expansion. It is suited for light manufacturing, fitness centers, showrooms, logistics, or religious facilities.
Key Highlights
- High‑visibility frontage on high‑traffic 63rd Street.
- 14,500 SF of upgraded showroom and warehouse space across two buildings.
- Building B generates $5,000/month passive income.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $261.0k | $18.00 |
| − Vacancy | −$6.3k | −$0.43 |
| EGI | $254.7k | $17.57 |
| − OpEx | −$76.4k | −$5.27 |
| NOI | $178.3k | $12.30 |
14,500 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.55M
$2.23M – $2.97M
NOI $178,315 @ 7.0% cap · market cap 4.96%
Second Best
Warehouse
$2.12M
$1.85M – $2.47M
NOI $148,125 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,480 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bradenton Auto Center
Auto Repair Shop
all in one kitchen
Hardware & Home Improvement
Orange Coast DEVT
General Contractor
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FAQs
What type of property is this?
Warehouse - 2.4-acre industrial property with showroom and warehouse space.
Where is this warehouse located?
The property is located at 2398 63RD AVENUE E Bradenton, FL.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: High‑visibility frontage on high‑traffic 63rd Street.; 14,500 SF of upgraded showroom and warehouse space across two buildings.; Building B generates $5,000/month passive income.
