Bradenton Strip Mall For
3020 15Th St E Bradenton, FL 34208
For Sale
$1,500,000
Income-producing strip mall in established, growing Bradenton area.
Property Size5,109 SF
Lot Size0.75 Acres
Price / SF$293.60
Days on Market185
Property Features for 3020 15Th St E
General Information
- Standard status
- Active
- Property type
- Strip malls, Shopping malls, Shopping centers, Retail properties & Spaces
- Size
- 5,109 SF
- Lot size
- 0.75 Acres
Building Details
- Year Built
- 1980
Listing Agency:
LPT Realty, LLC.
(813) 210-1998
Listed By:
Holly · License #3490452
(813) 210-1998
Added: Jan 20
Changed: Mar 16
Investment Insights
Based on property information with market context.
This retail property is a strip mall located in Bradenton, Florida. The property has a size of 5109 square feet and is situated on a 0.75-acre lot. It is an income-producing property located in an established and growing area of Bradenton.
Financial Insights For Retail
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 | $92.0k | $18.00 |
| − Vacancy | −$2.2k | −$0.43 |
| EGI | $89.8k | $17.57 |
| − OpEx | −$26.9k | −$5.27 |
| NOI | $62.8k | $12.30 |
5,109 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$897.5K
$785.4K – $1.05M
NOI $62,828 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,168 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Polo Crab House ...
Restaurant
Metro by T-Mobile
Mobile Phone Store
Patrice B Beauty
Cosmetic Store
Peay Fashion Boutique
Clothing & Fashion Store
Feall services
Electronics & Wireless Store
FAQs
What type of property is this?
Strip mall - Income-producing strip mall in established, growing Bradenton area.
Where is this strip mall located?
The property is located at 3020 15Th St E Bradenton, FL.
What is the asking price?
The asking price for this property is $1,500,000.
