Bradenton Commercial Property For
For Sale
$2,600,000
2601 Manatee Ave W, Bradenton, FL 34205
Fully leased commercial property with long-term tenants in Bradenton, Florida.
Property Size10,524 SF
Lot Size0.88 Acres
Price / SF$247.05
Days on Market260
Property Features for 2601 Manatee Ave W
General Information
Standard status
Active
Property type
Strip malls, Shopping malls, Shopping centers, Retail properties & Spaces, Retail space, Individual retail properties
Size
10,524 SF
Lot size
0.88 Acres
Building Details
Year Built
1980
Listing Agency:
LPT REALTY, LLC
Listed By:
Holly DiMemmo · License #3490452
(813) 210-1998
Added: Jan 20
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in Bradenton, Florida, this commercial property offers a total area of 10,524 square feet on a lot size of 0.88 acres. The property is currently fully leased and features long-term tenants. The property is suitable for business purposes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,420
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,588,400
$2.6M
Cap Rate 7%
$1,848,857
$1.8M
Cap Rate 9%
$1,438,000
$1.4M
Market Conditions
NOI Build-Up for 10,524 SF
Gross rent
$189.4K $18.00/SF
− Vacancy
−$4.5K −$0.43/SF
EGI
$184.9K $17.57/SF
− OpEx
−$55.5K −$5.27/SF
NOI
$129.4K $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 Rate 5%
$2,588,400
Cap Rate 7%
$1,848,857
Cap Rate 9%
$1,438,000
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,420 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M
NOI $216,634 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Jeremiah's Italian Ice
Dining
10,032 visits/mo
0.1 miles
7-Eleven
Shops & Services
6,900 visits/mo
0.4 miles
Chevron
Shops & Services
6,114 visits/mo
0.1 miles
Shell
Shops & Services
5,413 visits/mo
0.4 miles
Dollar General
Shops & Services
5,324 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Fully leased commercial property with long-term tenants in Bradenton, Florida.
Where is this strip mall located?
The property is located at 2601 Manatee Ave W Bradenton, FL.
What is the asking price?
The asking price for this property is $2,600,000.
