Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Free-Standing Industrial Facility For Sale Title is generated by Realmo AI

    1610 12th St E, Palmetto, FL 34221

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    12,375 SF vacant industrial facility with showroom and warehouse space.

    Type:Industrial
    Property size:
    12,375 SF
    Price / SF:
    $190/SF
    Added:
    Jan 27, 2026
    Days on Market:
    105
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 1610 12th St E

    General Information

    Standard status
    Active
    Size
    12,375 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2000

    We can help!

    Listing Contact
    Jeff Button

    Listing agent Jeff Button License #FL 543286

    Listing office DBA RKW Button

    Listing date Jan 27, 2026

    Source Crexi

    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 DBA RKW Button

    HighLights

    • 12,375 SF free‑standing industrial facility with CHI zoning.
    • Vacant and ready for occupancy - ideal for owner‑user or investor.
    • Corner location with excellent access to US 301, US 41, I‑75, and I‑275.
    • Fenced, paved parking/storage area.
    • Warehouse with multiple 12' x 14' roll‑up doors and ample 3 phase power.
    • Office with showroom, multiple private offices, breakroom and reception counter.

    Overview

    This 12,375 square foot free-standing industrial facility is located on a corner lot and is zoned CHI. The vacant property is ready for immediate occupancy, presenting an opportunity for an owner-user or investor. The building is currently partitioned into two units but was most recently occupied by a single tenant. The property features a fenced and paved parking/storage area. The office space includes a showroom, multiple private offices, a breakroom, and a reception counter. The warehouse area is equipped with multiple 12' x 14' roll-up doors and ample 3-phase power. Situated on a corner location along Canal Road, just north of US 301, the property offers convenient access to US 41, I-75, and I-275.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial Concrete Solutions, ... General Contractor Mister Window Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Family Fixins — 501 Haben Blvd, Palmetto, FL 34221
    • Jive Turkey Kitchen — 1614 6th Ave E, Palmetto, FL 34221

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.5478016
    Latitude
    27.5243763

    Nearby Similar for Sale

    • $2,500,000
      5,247 SF

      Waterfront Restaurant Opportunity on US 19

      Prime waterfront property with high visibility and renovation potential.
      5611 US HIGHWAY 19, PALMETTO, FL 34221
      View Details
    • $384,000
      1,944 SF

      Updated Palmetto Duplex Opportunity

      Updated duplex in Palmetto, ideal for rental income.
      416 40TH STREET E, PALMETTO, FL 34221
      View Details
    • $409,000
      947 SF

      Income-Producing Duplex with New Roof

      Charming duplex with proven short-term rental income and new roof.
      1318 6TH STREET W, PALMETTO, FL 34221
      View Details
    • $289,000

      Riviera Dunes Marina Slip Available

      70' boat slip in a protected Florida marina.
      102 RIVIERA DUNES WAY, PALMETTO, FL 34221
      View Details
    • $1,500,000
      3,946 SF

      Palmetto Equestrian Center with 20 Stalls

      4.9 acre horse ranch with Mediterranean home and guest house.
      9510 36TH AVENUE E, PALMETTO, FL 34221
      View Details
    • $2,790,000
      16,382 SF

      Palmetto Medical Building on 2.24 Acres

      Strategically located medical building with flexible space and expansion potential.
      602 4th Avenue West, Palmetto, FL 34221
      View Details
    • $135,000

      Waterfront RV Lot with Dock

      RV lot with private dock and boat lift.
      9 BASIN STREET, PALMETTO, FL 34221
      View Details
    • $699,000
      4,600 SF

      Downtown Palmetto Commercial Property

      Two-story commercial property with retail and office space.
      435 10th Ave W, Palmetto, FL
      View Details
    • $69,000

      RV Lot in Active Community

      Paved RV lot in 55+ waterfront community with amenities.
      29 MONTEGO DRIVE, PALMETTO, FL 34221
      View Details
    • $60,000

      RV Lot in 55+ Community

      RV lot with shed in waterfront 55+ community.
      136 BAHIA DRIVE, PALMETTO, FL 34221
      View Details
    • $459,000
      2,158 SF

      Move-in Ready Church Property

      Well-maintained church with spacious sanctuary, pews included, parking available.
      2716 2ND AVENUE E, PALMETTO, FL 34221
      View Details
    • $57,000

      Affordable RV Lot in Co-Op

      RV lot in 55+ waterfront community on Florida’s Sun Coast.
      63 TERRA CEIA DRIVE, PALMETTO, FL 34221
      View Details

    FAQs

    What type of property is this?
    Flex space - 12,375 SF vacant industrial facility with showroom and warehouse space.
    Where is this flex space located?
    The property is located at 1610 12th St E Palmetto, FL.
    What is the asking price?
    The asking price for this property is $2,351,250.
    What are key features of this property?
    This property features: 12,375 SF free‑standing industrial facility with CHI zoning.; Vacant and ready for occupancy - ideal for owner‑user or investor.; Corner location with excellent access to US 301, US 41, I‑75, and I‑275.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Button
    Real Estate License ID: FL 543286
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1610 12th St E, Palmetto, FL 34221
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!