239 301 Blvd E, Bradenton, FL 34208
11,760 sqft office building on 1.33 acres.
- Added:
- Jul 29, 2020
- Days on Market:
- 2147
- Last Refresh:
- May 13 at 8:05 pm
Property Features for 239 301 Blvd E
General Information
- Standard status
- Active
- Size
- 11,760 SF
- Lot size
- 1.33 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1983
Listing agent Jesse Ialuna
Listing office SVN Commercial Partners (941) 961-7109
Listing date Jul 29, 2020
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of SVN Commercial Partners
HighLights
- Income‑producing office building with 11,760 sqft.
- Located on 1.33 acres in a prime location in Bradenton.
- Current occupancy rate of 70%.
- Significant potential for increased income.
- Includes 3 guest facilities.
- Built in 1983.
Overview
Local Financial Insights For Office B
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 | $271.0k | $23.04 |
| − Vacancy | −$14.9k | −$1.27 |
| EGI | $256.0k | $21.77 |
| − OpEx | −$64.0k | −$5.44 |
| NOI | $192.0k | $16.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5605603
- Latitude
- 27.4647918
