Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4505 24th St E Bradenton, FL 34208

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Recently finalized buildings with architectural features and vibrant colors.

    Type:Industrial
    Added:
    Aug 19, 2024
    Days on Market:
    608
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 4505 24th St E

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    2023

    Spaces For Lease

    at 4505 24th St E Contact us

    We can help!

    Listing Contact
    Julia Silva

    Listing agent Julia Silva License #FL 624316

    Listing office Lee & Associates - Tampa Bay

    Listing date Aug 19, 2024

    Source Crexi

    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 Lee & Associates - Tampa Bay

    Overview

    Distinctive Buildings with Spacious Truck Court

    Buildings 100 and 200 have recently been finalized, each featuring a spacious 180’ shared truck court. The distinctive architectural features and vibrant colors of the buildings set them apart. Exceptional landscaping and cutting-edge building features enhance the sense of arrival as you approach the heavily traveled intersection of US HWY 301 and 44th Ave. The property is located at 4505 24th St E, Bradenton, FL 34208. It is ideal for corporate headquarters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.585551
    Latitude
    27.456453

    Nearby Similar for Lease

    • $49/mo

      Restaurant Space in Lakewood Ranch

      Restaurant space in a busy plaza in Lakewood Ranch, Florida.
      2507 LAKEWOOD RANCH BOULEVARD, BRADENTON, FL 34211
      View Details
    • Contact for pricing

      Bradenton Industrial Space For Lease

      Industrial unit near I-75 and SR 70 in Bradenton, FL.
      4803 LENA ROAD, BRADENTON, FL 34211
      View Details
    • Contact for pricing

      Remodeled Office Unit in Bradenton

      Remodeled 520 sq ft office space in West Bradenton.
      4016 CORTEZ ROAD W, BRADENTON, FL 34210
      View Details
    • Contact for pricing

      Showroom & Warehouse with Exposure

      6,500 SF showroom and warehouse space available for lease.
      2398 63RD AVENUE E, BRADENTON, FL 34203
      View Details
    • Contact for pricing

      Mixed-Use Property in Bradenton, FL

      Mixed-use property available for rent in Bradenton, Florida.
      1519 MANATEE AVENUE E, BRADENTON, FL 34208
      View Details
    • $30/mo

      Retail Space on High-Traffic Highway

      New retail space for lease on a busy highway.
      6812 14TH STREET W, BRADENTON, FL 34207
      View Details
    • $25/mo

      Prime Commercial Space in Bradenton

      2,500 SF space ideal for medical, retail, or office.
      1905 CORTEZ ROAD W, BRADENTON, FL 34207
      View Details
    • $35/mo

      New Bradenton Office Suites Available

      Modern Bradenton office suites available for lease, built to suit.
      201 5TH AVENUE DRIVE E, BRADENTON, FL 34208
      View Details
    • $9/mo

      Professional Office Building For Lease

      Well-designed office building with flexible workspace in Bradenton, Florida.
      6015 31st St E, Bradenton, FL 34203
      View Details
    • Contact for pricing

      Freestanding Office Building For Lease

      1,800 SF professional office building centrally located on 14th Street.
      3503 14th St W #101, Bradenton, FL 34205
      View Details
    • $19/mo

      Medical Office Space Near Hospital

      Multi-tenanted property with renovated suites near Blake Hospital.
      1816 59th ST W, Bradenton, FL 34209
      View Details
    • $25/mo

      Retail Space on High-Traffic Corner

      Retail space available on a heavily trafficked corner.
      5234 - 5250 14th Street W, Bradenton, FL 34207
      View Details

    FAQs

    What type of property is this?
    Specialty property - Recently finalized buildings with architectural features and vibrant colors.
    Where is this specialty property located?
    The property is located at 4505 24th St E Bradenton, FL.
    What are key features of this property?
    This property features: Newly constructed in 2023; Features a spacious 180’ shared truck court; Distinctive architectural design and vibrant colors
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Julia Silva
    Real Estate License ID: FL 624316
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!