Multiuse Unit with Office/Warehouse
515 27th St E Unit 7, Bradenton, FL 34208
For Sale
$495,458
Flexible commercial unit with office and warehouse space, I-75 access.
Property Size1,500 SF
Price / SF$330.31
Days on Market250
Property Features for 515 27th St E Unit 7
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
KIRSTEN REALTY INC
Listed By:
Ivan Gutierrez · License #3215439
(727) 642-8919
Source:
Susannelosso
Added: Mar 5
Changed: Oct 25
Last Checked: Oct 7 at 3:47PM
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 KIRSTEN REALTY INC
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Investment Insights
Based on property information with market context.
This multiuse commercial unit features a combination of office and warehouse space. The property is located in a professional, high-traffic area. The warehouse area includes heavy-duty shelving and loft storage, and is forklift ready. The office area is expandable. A large garage door at the rear of the property provides semi-truck access. The property offers convenient access to I-75. The unit provides flexible and expandable space and is suitable for a variety of commercial uses. The property has a size of 1500 square feet.
Key Highlights
- Easy access to I‑75
- Large garage door with semi truck access
- Multiuse unit with office and warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,783
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,660
$295.7K
Cap Rate 7%
$211,186
$211.2K
Cap Rate 9%
$164,256
$164.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$23.9K $15.96/SF
− Vacancy
−$1.2K −$0.80/SF
EGI
$22.7K $15.16/SF
− OpEx
−$8.0K −$5.31/SF
NOI
$14.8K $9.86/SF
Area
Manatee County, FL
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,660
Cap Rate 7%
$211,186
Cap Rate 9%
$164,256
Alternative Uses
Best Use
Flex RnD
$211.2K
$184.8K – $246.4K
NOI $14,783 @ 7.0% cap · market cap 2.98%
Second Best
Industrial
$180.3K
$157.7K – $210.3K
NOI $12,619 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$441.1K
$386.0K – $514.6K
NOI $30,877 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 34208, FL
38,522
Population
17,056
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
80%
High-School Grad
16.5 sq mi
ZIP Area
2,335
Density / Sq Mi
$59,899
Median Household Income
$37,489
Median Earnings
$1,409
Median Rent
$303,600
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Bradenton, FL
Properties on Market for Flex space in Bradenton
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Ada's Grill — 2230 Manatee Ave E #2216, Bradenton, FL 34208, United States
- catering services company — 2505 manatee ave e, bradenton, fl 34208
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial unit with office and warehouse space, I-75 access.
Where is this flex space located?
The property is located at 515 27th St E Unit 7 Bradenton, FL.
What is the asking price?
The asking price for this property is $495,458.
What are key features of this property?
This property features: Easy access to I‑75; Large garage door with semi truck access; Multiuse unit with office and warehouse space
