2953 63RD Avenue E, Bradenton, FL 34203
COMMERCIAL - BRADENTON, FL
Property Features for 2953 63RD Avenue E
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 34203, FL
Market
Vacancy Rate% for Industrial in South region
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