Renovated Multi-Tenant Industrial
2223 9th St W Bradenton, FL 34205
For Sale
Contact for pricing
Renovated 8-unit industrial flex property with updated functionality and current 70% occupancy.
Property Size5,200 SF
Lot Size0.50 Acres
Price / SF$307.69
Days on Market115
Property Features for 2223 9th St W
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Lot size
- 0.50 Acres
- Property subtype
- Industrial, Mixed Use, Office, Retail, Self Storage
Building Details
- Year Built
- 1945
Listing Agency:
NDC Commercial Real Estate
Listed By:
Gavin Oberlin · License #SL3461965
Source:
Crexi
Added: Apr 1
Changed: Jul 23
Last Checked: Jul 23 at 4:21PM
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 NDC Commercial Real Estate
Investment Insights
Based on property information with market context.
2223 9TH ST W is a renovated, multi-tenant industrial flex property originally built in 1949 and extensively renovated in 2021. The building comprises 8 units and is described as offering a flexible layout suitable for industrial, manufacturing, and light commercial uses. The asset is currently 70% occupied, providing in-place income alongside additional lease-up potential.
The property sits on approximately 0.495 acres at 2223 9th Street West in Bradenton, FL 34205. It is zoned T4-O and positioned to provide convenient access to major transportation corridors, including I-75, Sarasota-Bradenton International Airport, Port Manatee, and Lakewood Ranch.
At approximately 6,656 SF, the configuration supports multiple tenants within a single building, with a modernized functionality following the 2021 renovation.
The property sits on approximately 0.495 acres at 2223 9th Street West in Bradenton, FL 34205. It is zoned T4-O and positioned to provide convenient access to major transportation corridors, including I-75, Sarasota-Bradenton International Airport, Port Manatee, and Lakewood Ranch.
At approximately 6,656 SF, the configuration supports multiple tenants within a single building, with a modernized functionality following the 2021 renovation.
Key Highlights
- 8‑unit renovated industrial flex property on approx. 0.495 acres
- 6,656 SF building with flexible layout for industrial, manufacturing, and light commercial uses
- Extensively renovated in 2021; originally built in 1949
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.0k | $15.96 |
| − Vacancy | −$4.1k | −$0.80 |
| EGI | $78.8k | $15.16 |
| − OpEx | −$27.6k | −$5.31 |
| NOI | $51.2k | $9.86 |
5,200 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$732.1K
$640.6K – $854.1K
NOI $51,248 @ 7.0% cap · market cap 3.20%
Second Best
Industrial
$624.9K
$546.8K – $729.1K
NOI $43,746 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,041 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Renovated 8-unit industrial flex property with updated functionality and current 70% occupancy.
Where is this flex space located?
The property is located at 2223 9th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8‑unit renovated industrial flex property on approx. 0.495 acres; 6,656 SF building with flexible layout for industrial, manufacturing, and light commercial uses; Extensively renovated in 2021; originally built in 1949
