Auto Shop with Road
For Sale
$1,500,000
2011 9th Street West, Bradenton, FL 34205
C3-zoned automotive facility with wall and window cooling units.
Property Size4,896 SF
Price / SF$306.37
Days on Market558
Property Features for 2011 9th Street West
General Information
Standard status
Active
Size
4,896 SF
Property subtype
Commercial Sale / Mixed Use
Zoning
C3
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,746
Amenities
Wall/Window Unit(s)
No
Square Feet
1
Slab
Block
Building Details
Year Built
1973
Listing Agency:
RE/MAX ALLIANCE GROUP
(941) 720-2517
Listed By:
Barbara Mollanazar · License #0605141
(941) 720-2517
Source:
Compass
Added: Feb 20, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:09PM
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 4,896-square-foot auto shop at 2011 9th Street West in Bradenton is a block-built commercial property constructed in 1973. The building includes wall and window unit cooling and is set on a slab foundation.
The property fronts a major road described as carrying high traffic. C3 zoning supports its commercial positioning, while the existing automotive shop configuration provides a defined use for the site.
The property fronts a major road described as carrying high traffic. C3 zoning supports its commercial positioning, while the existing automotive shop configuration provides a defined use for the site.
Key Highlights
- 4,896‑square‑foot auto shop
- C3 zoning
- Frontage on a major road with high traffic count
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,209
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,204,180
$1.2M
Cap Rate 7%
$860,129
$860.1K
Cap Rate 9%
$668,989
$669.0K
Market Conditions
NOI Build-Up for 4,896 SF
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.
Gross rent
$88.1K $18.00/SF
− Vacancy
−$2.1K −$0.43/SF
EGI
$86.0K $17.57/SF
− OpEx
−$25.8K −$5.27/SF
NOI
$60.2K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,204,180
Cap Rate 7%
$860,129
Cap Rate 9%
$668,989
Alternative Uses
Best Use
Retail
$860.1K
$752.6K – $1.00M
NOI $60,209 @ 7.0% cap · market cap 4.01%
Second Best
Industrial
$588.4K
$514.9K – $686.5K
NOI $41,189 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,783 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
34k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 76%
Shops & Services 15%
Electronics 9%
Winn-Dixie
Groceries
26,085 visits/mo
0.4 miles
Sunoco
Shops & Services
4,153 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
3,055 visits/mo
0.4 miles
Gravely Of Bradenton
Shops & Services
1,101 visits/mo
0.4 miles
Demographics for 34205, FL
33,789
Population
16,610
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
5,198
Density / Sq Mi
$51,170
Median Household Income
$37,037
Median Earnings
$1,323
Median Rent
$236,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SDN Towing & Recovery — 1311 63rd Ave E, Bradenton, FL 34203
- OTTO'S AUTO REPAIR AND DETAIL LLC — 1311 63rd Ave E #8, Bradenton, FL 34203
- Star tires — 6129 15th St E, Bradenton, FL 34203
- Jerry's Auto Repair — 6219 15th St E, Bradenton, FL 34203
- J & J AUTO RECYCLERS OF BRADENTON & SARASOTA FLORIDA — 6127 15th St E, Bradenton, FL 34203
Frequently Asked Questions
What type of property is this?
Auto shop - C3-zoned automotive facility with wall and window cooling units.
Where is this auto shop located?
The property is located at 2011 9th Street West Bradenton, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,896‑square‑foot auto shop; C3 zoning; Frontage on a major road with high traffic count
