Automotive Property with
For Sale
$999,999
1827 9TH Street W, Bradenton, FL 34205
Combined vehicle-sales and residential income improvements occupy one parcel in central Bradenton.
Property Size3,215 SF
Price / SF$311.04
Days on Market104
Property Features for 1827 9TH Street W
General Information
Standard status
Active
Size
3,215 SF
Property subtype
Commercial
Building Details
Year Built
1905
Listing Agency:
WAGNER REALTY
Listed By:
Ryan Hoffman · License #3051574
(941) 773-9184
Source:
Realtygroupfl
Added: Jun 30
Changed: Oct 11
Last Checked: Oct 11 at 9:52AM
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 WAGNER REALTY
Investment Insights
Based on property information with market context.
This automotive property combines a vehicle-sales lot with a multifamily duplex on a single parcel. The site has operated as a car lot for over 40 years, while the building record identifies a 1905 year built.
The property is located at 1827 9th W in Bradenton, near Lecom Park and the Desoto Square mall mixed-use redevelopment project. It is in Midtown Bradenton, just outside the Village of the Arts, with access to downtown Bradenton, Palmetto, and the Cortez Road corridor. Sarasota Bradenton Airport is approximately 15 minutes away. The area is rated Somewhat Walkable, Somewhat Bikeable, and Some Transit by the provided mobility scores.
The property is located at 1827 9th W in Bradenton, near Lecom Park and the Desoto Square mall mixed-use redevelopment project. It is in Midtown Bradenton, just outside the Village of the Arts, with access to downtown Bradenton, Palmetto, and the Cortez Road corridor. Sarasota Bradenton Airport is approximately 15 minutes away. The area is rated Somewhat Walkable, Somewhat Bikeable, and Some Transit by the provided mobility scores.
Key Highlights
- Vehicle‑sales lot and multifamily duplex situated on one parcel
- Car‑lot operation documented for over 40 years
- Near Lecom Park and the Desoto Square mall mixed‑use redevelopment project
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,234
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,680
$844.7K
Cap Rate 7%
$603,343
$603.3K
Cap Rate 9%
$469,267
$469.3K
Market Conditions
NOI Build-Up for 3,215 SF
Gross rent
$63.7K $19.80/SF
− Vacancy
−$3.3K −$1.03/SF
EGI
$60.3K $18.77/SF
− OpEx
−$18.1K −$5.63/SF
NOI
$42.2K $13.14/SF
Area
Manatee County, FL
Vacancy
5.22%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,680
Cap Rate 7%
$603,343
Cap Rate 9%
$469,267
Alternative Uses
Best Use
Multifamily LT 5
$603.3K
$527.9K – $703.9K
NOI $42,234 @ 7.0% cap · market cap 4.22%
Second Best
Retail
$564.8K
$494.2K – $659.0K
NOI $39,537 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$945.4K
$827.3K – $1.10M
NOI $66,180 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Automotive property - Combined vehicle-sales and residential income improvements occupy one parcel in central Bradenton.
Where is this automotive property located?
The property is located at 1827 9TH Street W Bradenton, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Vehicle‑sales lot and multifamily duplex situated on one parcel; Car‑lot operation documented for over 40 years; Near Lecom Park and the Desoto Square mall mixed‑use redevelopment project
