Fully Built-Out Medical Office
1811 Bayshore Gardens Parkway, Bradenton, FL 34207
For Sale
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Fully built-out medical office with substantial parking and strong retail adjacency along a heavily traveled corridor.
Property Size8,706 SF
Lot Size1.50 Acres
Price / SF$195.27
Days on Market151
Property Features for 1811 Bayshore Gardens Parkway
General Information
Standard status
Size
Class
Lot size
Property subtype
Investment Type
Additional Details
Traffic Count
Building Details
Year Built
Listing Agency:
Wisdom Capital Group
Listed By:
Brady Wisdom · License #SL3588056
Source:
Crexi
Added: Jun 12
Changed: Nov 8
Last Checked: Nov 8 at 9:17AM
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 Wisdom Capital Group
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Investment Insights
Based on property information with market context.
1811 Bayshore Gardens Parkway is a fully built-out medical office building totaling 8,706 square feet on approximately 1.5 acres. The property was historically operated as a medical practice, so the interior improvements and existing healthcare infrastructure are already in place for medical and healthcare users.
Located along one of Bradenton’s most heavily traveled commercial corridors, the site is described as providing approximately 46,000 vehicles per day for visibility and access. The building is positioned directly behind Target, Publix, and other national retailers, supported by a substantial parking field designed to serve patients, staff, and visitors.
For prospective buyers or healthcare operators, the asset offers a practical platform for continued medical use with a tenant-ready configuration. The combination of established medical occupancy history, ample on-site parking, and irreplaceable corridor frontage behind major retail anchors supports a straightforward transition for users seeking a dedicated medical office setting in an active commercial retail environment.
Located along one of Bradenton’s most heavily traveled commercial corridors, the site is described as providing approximately 46,000 vehicles per day for visibility and access. The building is positioned directly behind Target, Publix, and other national retailers, supported by a substantial parking field designed to serve patients, staff, and visitors.
For prospective buyers or healthcare operators, the asset offers a practical platform for continued medical use with a tenant-ready configuration. The combination of established medical occupancy history, ample on-site parking, and irreplaceable corridor frontage behind major retail anchors supports a straightforward transition for users seeking a dedicated medical office setting in an active commercial retail environment.
Key Highlights
- 6,706 SF fully built‑out medical office building built in 1958
- Approximately 1.5‑acre site along a heavily traveled commercial corridor
- Frontage corridor traffic of approximately 46,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,165
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,843,300
$2.8M
Cap Rate 7%
$2,030,929
$2.0M
Cap Rate 9%
$1,579,611
$1.6M
Market Conditions
NOI Build-Up for 8,706 SF
Gross rent
$200.6K $23.04/SF
− Vacancy
−$11.0K −$1.27/SF
EGI
$189.6K $21.77/SF
− OpEx
−$47.4K −$5.44/SF
NOI
$142.2K $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 Rate 5%
$2,843,300
Cap Rate 7%
$2,030,929
Cap Rate 9%
$1,579,611
Alternative Uses
Best Use
Office B
$2.03M
$1.78M – $2.37M
NOI $142,165 @ 7.0% cap · market cap 8.36%
Second Best
Healthcare Medical
$1.92M
$1.68M – $2.24M
NOI $134,408 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,211 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
46,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 34207, FL
35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Bradenton, FL
Properties on Market for Medical Office Space in Bradenton
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Bayshore Animal Hospital: Mossler M A DVM — 1511 florida blvd, bradenton, fl 34207
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully built-out medical office with substantial parking and strong retail adjacency along a heavily traveled corridor.
Where is this medical office space located?
The property is located at 1811 Bayshore Gardens Parkway Bradenton, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6,706 SF fully built‑out medical office building built in 1958; Approximately 1.5‑acre site along a heavily traveled commercial corridor; Frontage corridor traffic of approximately 46,000 vehicles per day
