SeaPort Manatee Industrial
2105 S Dock St, Palmetto, FL 34221
For Sale
Contact for pricing
Industrial property near SeaPort Manatee with heavy manufacturing zoning.
Property Size27,853 SF
Price / SF$359.03
Days on Market255
Property Features for 2105 S Dock St
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Buildings
Stories
Listing Agency:
SVN | Commercial Advisory Group Sarasota
Listed By:
Gail Bowden · License FL #3044621
(941) 223-1525
Source:
Crexi
Added: Mar 3
Changed: Oct 30
Last Checked: Nov 12 at 6:45AM
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 SVN | Commercial Advisory Group Sarasota
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property is strategically located at the south entrance to SeaPort Manatee, a maritime trade hub in Southwest and Central Florida. Zoned HM – Heavy Manufacturing, the property is suited for manufacturing, industrial processing, distribution, logistics, marine-related services, port-dependent businesses, outdoor storage, and heavy equipment operations. The property includes nearly 28,000 square feet of warehouse and climate-controlled space. The dual-building configuration and expansive layout provide operational flexibility for single-user occupancy or multi-tenant utilization. The improvements are designed to support efficient operations, featuring multiple loading configurations and functional industrial layouts to accommodate a wide range of uses. Located directly adjacent to SeaPort Manatee, the property benefits from immediate access to one of Florida’s fastest growing deep-water ports. The port has recently enhanced its ship-to shore cargo-handling capabilities with the addition of Konecranes Gottwald Generation 6 mobile harbor cranes, further increasing throughput efficiency and strengthening global trade connectivity. This premier port positioning provides direct access to international shipping lanes, rapid connectivity to I-75, I-275, Tampa, and Central Florida markets, reduced drayage time and transportation costs, and proximity to expanding port infrastructure and investment. The property size is 27853 square feet.
Key Highlights
- Strategic adjacency to SeaPort Manatee, providing direct access to international shipping lanes and reduced transportation costs.
- Zoned HM – Heavy Manufacturing, suitable for a wide range of industrial and port‑dependent uses.
- Dual‑building configuration and expansive layout offering operational flexibility for single or multi‑tenant use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$284,532
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,690,640
$5.7M
Cap Rate 7%
$4,064,743
$4.1M
Cap Rate 9%
$3,161,467
$3.2M
Market Conditions
NOI Build-Up for 27,853 SF
Gross rent
$347.6K $12.48/SF
− Vacancy
−$12.9K −$0.46/SF
EGI
$334.7K $12.02/SF
− OpEx
−$50.2K −$1.80/SF
NOI
$284.5K $10.22/SF
Area
Manatee County, FL
Vacancy
3.70%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,690,640
Cap Rate 7%
$4,064,743
Cap Rate 9%
$3,161,467
Alternative Uses
Best Use
Warehouse
$4.06M
$3.56M – $4.74M
NOI $284,532 @ 7.0% cap · market cap 2.85%
Second Best
Industrial
$3.35M
$2.93M – $3.91M
NOI $234,321 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$8.19M
$7.17M – $9.56M
NOI $573,348 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34221, FL
48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Manatee County, FL
Properties on Market for Warehouses in Manatee County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property near SeaPort Manatee with heavy manufacturing zoning.
Where is this warehouse located?
The property is located at 2105 S Dock St Palmetto, FL.
What is the asking price?
The asking price for this property is $9,999,997.
What are key features of this property?
This property features: Strategic adjacency to SeaPort Manatee, providing direct access to international shipping lanes and reduced transportation costs.; Zoned HM – Heavy Manufacturing, suitable for a wide range of industrial and port‑dependent uses.; Dual‑building configuration and expansive layout offering operational flexibility for single or multi‑tenant use.
