Zoned Office Building with
For Sale
Contact for pricing
4112 Manatee Avenue West, Bradenton, FL 34205
Office building offers approximately 6,213 sq ft, 34 parking spaces, and a new roof in 2025.
Property Size6,213 SF
Lot Size0.64 Acres
Price / SF$321.91
Days on Market136
Property Features for 4112 Manatee Avenue West
General Information
Standard status
Active
Size
6,213 SF
Total Parking Spaces
34
Lot size
0.64 Acres
Property subtype
OFFICE
Zoning
GC
Amenities
lighted pylon sign
Building Details
Year Renovated
2025
Listing Agency:
WAGNER REALTY
(941) 773-9184
Listed By:
Ryan S Hoffman · License #3051574
(941) 773-9184
Source:
Moodyscre
Added: Mar 26
Changed: Jul 26
Last Checked: Aug 7 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WAGNER REALTY
Investment Insights
Based on property information with market context.
This office building for sale or lease includes approximately 6,213 square feet and sits on approximately 0.64 acres. The property is zoned GC and designated as Flood Zone X. Parking is available with 34 spaces, and the building features a lighted pylon sign.
Ingress and egress are described as good. The roof was replaced in 2025.
The combination of office space, ample parking, and GC zoning supports a range of commercial office uses consistent with local zoning requirements.
Ingress and egress are described as good. The roof was replaced in 2025.
The combination of office space, ample parking, and GC zoning supports a range of commercial office uses consistent with local zoning requirements.
Key Highlights
- Office building with approx. 6,213 sq ft of space
- Land approx. 0.64 acre
- Zoned GC
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$101,456
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,029,120
$2.0M
Cap Rate 7%
$1,449,371
$1.4M
Cap Rate 9%
$1,127,289
$1.1M
Market Conditions
NOI Build-Up for 6,213 SF
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.
Gross rent
$143.1K $23.04/SF
− Vacancy
−$7.9K −$1.27/SF
EGI
$135.3K $21.77/SF
− OpEx
−$33.8K −$5.44/SF
NOI
$101.5K $16.33/SF
Area
Manatee County, FL
Vacancy
5.50%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,029,120
Cap Rate 7%
$1,449,371
Cap Rate 9%
$1,127,289
Alternative Uses
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,456 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,893 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,097
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building offers approximately 6,213 sq ft, 34 parking spaces, and a new roof in 2025.
Where is this office building located?
The property is located at 4112 Manatee Avenue West Bradenton, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Office building with approx. 6,213 sq ft of space; Land approx. 0.64 acre; Zoned GC
