Flex Warehouse with Fenced
For Sale
Contact for pricing
1801 13th Ave E, Bradenton, FL 34208
Industrial property with office buildout, multiple overhead doors, and outdoor storage capacity.
Property Size7,800 SF
Lot Size4.76 Acres
Price / SF$307.69
Days on Market92
Property Features for 1801 13th Ave E
General Information
Standard status
Active
Size
7,800 SF
Lot size
4.76 Acres
Property subtype
INDUSTRIAL
Zoning
T4-0
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
6,600 SF
Office Build-Out
1,200 SF
Drive-In Doors
4
Power
800 amps
Three-Phase Power
Yes
Amenities
security cameras
Building Details
Buildings
2
Listing Agency:
Ian Black Real Estate, LLC
(941) 906-8688
Listed By:
Nicky M DeVito II
(941) 928-1243
Source:
Moodyscre
Added: Jun 18
Changed: Sep 2
Last Checked: Sep 16 at 8:45PM
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 Ian Black Real Estate, LLC
Investment Insights
Based on property information with market context.
This flex space at 1801 13th Ave E includes 7,800 square feet on 4.76 acres, with approximately 1,200 square feet of office space and additional mezzanine space built out for office use. The warehouse area comprises approximately 6,600 square feet and includes two 18' x 12' powered grade-level overhead doors, two additional 14' x 12' grade-level overhead doors, a small overhead crane, and two restrooms. The warehouse ceiling is insulated, and the building is wired with security cameras.
The property also provides a large fenced storage yard, a freestanding storage building, and three onsite containers. Three-phase 800-amp power supports the facility. Zoned T4-O, the property allows permitted uses including multifamily at 10 units per acre.
The property also provides a large fenced storage yard, a freestanding storage building, and three onsite containers. Three-phase 800-amp power supports the facility. Zoned T4-O, the property allows permitted uses including multifamily at 10 units per acre.
Key Highlights
- 7,800 SF flex property on 4.76 acres
- Approximately 6,600 SF warehouse and 1,200 SF office space
- Two powered 18' x 12' and two 14' x 12' grade‑level overhead doors
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
$127,371
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
5.31%
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%
$2,547,420
$2.5M
Cap Rate 7%
$1,819,586
$1.8M
Cap Rate 9%
$1,415,233
$1.4M
Market Conditions
NOI Build-Up for 7,800 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
$179.7K $23.04/SF
− Vacancy
−$9.9K −$1.27/SF
EGI
$169.8K $21.77/SF
− OpEx
−$42.5K −$5.44/SF
NOI
$127.4K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$2,547,420
Cap Rate 7%
$1,819,586
Cap Rate 9%
$1,415,233
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.12M
NOI $127,371 @ 7.0% cap · market cap 5.31%
Second Best
Warehouse
$1.14M
$996.0K – $1.33M
NOI $79,681 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M
NOI $160,561 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial property with office buildout, multiple overhead doors, and outdoor storage capacity.
Where is this flex space located?
The property is located at 1801 13th Ave E Bradenton, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 7,800 SF flex property on 4.76 acres; Approximately 6,600 SF warehouse and 1,200 SF office space; Two powered 18' x 12' and two 14' x 12' grade‑level overhead doors
