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Flex Space with Warehouse and Offices
For Sale
$2,200,000

2953 63RD Avenue E, Bradenton, FL 34203

COMMERCIAL - BRADENTON, FL

Property Size13,698 SF
Lot Size0.98 Acres
Price / SF$160.61
Days on Market140

Property Features for 2953 63RD Avenue E

General Information

Property type Commercial Sale
Property subtype Other
Zoning LM
Window features Double Pane Windows, Blinds
Subdivision ONECO PARK
Lot features Central Business District, Industrial Park, Near Public Transit, Paved
Directions If you are driving South on US Highway New 301 from Bradenton towards Sarasota you will take a Left on 63rd Ave E. 2953 will be on your left.
Standard status Active
APN 18726-1000-9
Lot size 0.98 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description BEG AT THE SE COR OF LOT 9, HENSON INDUSTRIAL PARK, SD PT ALSO BEING ON THE W R/W LN OF 31ST ST E; TH S 00 DEG 03 MIN 27 SEC E ALG THE W R/W LN OF SD 31ST ST E, 308.00 FT TO INTERSECT WITH THE N R/W LN OF 63RD AVE E; TH N 89 DEG 43 MIN 16 SEC W, ALG THE N R/W LN OF SD 63RD AVE E, 153.77 FT FOR A POB; TH CONT N 89 DEG 43 MIN 16 S EC W, ALG SD N R/W, 153.77 FT;
Tax Annual Amount 16732
Legal Description BEG AT THE SE COR OF LOT 9, HENSON INDUSTRIAL PARK, SD PT ALSO BEING ON THE W R/W LN OF 31ST ST E; TH S 00 DEG 03 MIN 27 SEC E ALG THE W R/W LN OF SD 31ST ST E, 308.00 FT TO INTERSECT WITH THE N R/W LN OF 63RD AVE E; TH N 89 DEG 43 MIN 16 SEC W, ALG THE N R/W LN OF SD 63RD AVE E, 153.77 FT FOR A POB; TH CONT N 89 DEG 43 MIN 16 S EC W, ALG SD N R/W, 153.77 FT;

Utilities

Utilities Phone Available
Sewer type Septic Needed
Cooling system Central Air
Water source Well, Public

Building Details

Year built 1989
Floors in Building 1
Flooring type Concrete, Carpet, Tile - Ceramic
Building materials Metal Frame, Metal Siding
Listing Agency: CENTURY 21 ROSEBAY
Listed By: Michelle Jones · License #3344811
Added: Mar 19 Changed: Aug 4 Last Checked: Aug 5 at 12:06PM
MLS# A4687023

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Flex space on a 0.98-acre site built in 1989, combining an approximately 12,000 sq ft warehouse with approximately 1,700 sq ft of office space. The property is served by 55 tons of air conditioning across 11 units, plus central air. Interiors include tile and concrete floors in the warehouse areas and carpet in the offices. There are 2 bathrooms (6 toilets and 2 urinals), mature landscaping, and double-pane exterior windows.

The warehouse construction uses metal frame and metal siding. The roof is approximately 10 years old. The owner states the property was built a foot above code at the time of build and is not in a flood zone. Power is available for business needs, including 900 amps of 3 phase 480 volt and 400 amps of 120/240 volt. The office has been freshened with new carpet and paint. Water is available via well and public sources, and sewer is listed as septic needed.

The site is located off 63rd Ave E and New 301, and is within minutes of Sarasota/Bradenton Airport. Buyer is responsible to verify all measurements.

Key Highlights

  • 0.98‑acre flex space site built in 1989
  • Approximately 13,698 sq ft total with about 12,000 sq ft warehouse and 1,700 sq ft offices
  • 55 tons of air conditioning across 11 units with central air

Financial Insights For Warehouse

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 $171.0k $12.48
− Vacancy −$6.3k −$0.46
EGI $164.6k $12.02
− OpEx −$24.7k −$1.80
NOI $139.9k $10.22
13,698 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,932 @ 7.0% cap · market cap 6.36%
Second Best
Flex RnD
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $134,998 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$4.03M
$3.52M – $4.70M (±1% cap)
NOI $281,971 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Rock River Tool ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34203, FL

39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Flex space in LM zoning with central air, mature landscaping, and substantial power capacity for a wide range of uses.
Where is this flex space located?
The property is located at 2953 63RD Avenue E Bradenton, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 0.98‑acre flex space site built in 1989; Approximately 13,698 sq ft total with about 12,000 sq ft warehouse and 1,700 sq ft offices; 55 tons of air conditioning across 11 units with central air
More about this property
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