Auto Shop with Highway
For Sale
$1,000,000
2011 9TH Street W, Bradenton, FL 34205
Commercial Sale, BRADENTON, FL
Property Size4,896 SF
Lot Size0.35 Acres
Price / SF$204.25
Days on Market544
Property Features for 2011 9TH Street W
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Subdivision
ORANGE ESTATES
Directions
East on Manatee Ave W / State Rd 64 till 9th Street turn right (south) business is on the left side (east).
Standard status
Active
APN
4507200006
Size
4,896 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 31,32 ORANGE ESTATES PI#45072.0000/6
Tax Annual Amount
5746
Legal Description
LOTS 31,32 ORANGE ESTATES PI#45072.0000/6
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1973
Floors in Building
1
Building materials
Block
Listing Agency:
RE/MAX ALLIANCE GROUP · RE/MAX International
(941) 758-7777
Listed By:
Barbara Mollanazar · License #0605141
(941) 720-2517
Added: Feb 24, 2025
Changed: Aug 19
Last Checked: Aug 22 at 8:06PM
MLS# A4641976
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,896-square-foot auto shop occupies a 0.35-acre parcel and was built in 1973. The building uses block construction and has wall or window unit cooling. The property is identified for automotive commercial use and includes C3 zoning.
Frontage along a major highway or road and a stated high traffic count provide direct exposure from a well-traveled roadway. The sale includes multiple additional items associated with the property, although specific inclusions are not identified.
Frontage along a major highway or road and a stated high traffic count provide direct exposure from a well-traveled roadway. The sale includes multiple additional items associated with the property, although specific inclusions are not identified.
Key Highlights
- 4,896‑square‑foot auto shop on a 0.35‑acre parcel
- C3 zoning supports the property’s automotive commercial classification
- Block construction with 1973 year built
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
6.02%
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 6.02%
Second Best
Industrial
$588.4K
$514.9K – $686.5K
NOI $41,189 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,783 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
37k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 42%
Key Food Supermarkets Bradenton
Groceries
15,329 visits/mo
0.4 miles
Firkins Chrysler Jeep Dodge Ram
Shops & Services
6,795 visits/mo
0.5 miles
Marathon Petroleum
Shops & Services
5,370 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,403 visits/mo
0.4 miles
Kwik Stop
Shops & Services
1,567 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
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- Costantino Body Shop Inc — 3148 9th St, Bradenton, FL 34205
- Classic Auto Body — 3101 3rd St W unit 7, Bradenton, FL 34205
- Car Maintenance World — 3065 3rd St W, Bradenton, FL 34205
Frequently Asked Questions
What type of property is this?
Auto shop - Block construction and C3 zoning support automotive commercial use in a compact, established property.
Where is this auto shop located?
The property is located at 2011 9TH Street W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4,896‑square‑foot auto shop on a 0.35‑acre parcel; C3 zoning supports the property’s automotive commercial classification; Block construction with 1973 year built
