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 Market281
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
Listed By:
Holly DiMemmo
(813) 210-1998
Added: Jan 20
Changed: Mar 16
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Review the available facts, identify missing information and prepare questions for the agent.
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.
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
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
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.
