Multiuse Unit with Office/Warehouse
For Sale
$495,917
515 27TH STREET #7, Bradenton, FL 34208
Flexible commercial unit with office and warehouse space, I-75 access.
Property Size1,500 SF
Price / SF$330.61
Days on Market508
Property Features for 515 27TH STREET #7
General Information
Standard status
Active
Size
1,500 SF
Taxes and HOA fees
Annual Taxes
$3,663
Building Details
Year Built
2003
Listing Agency:
KIRSTEN REALTY INC
Listed By:
IVAN GUTIERREZ
Source:
Corcoran
Added: Jun 3, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multiuse commercial unit features both office and warehouse space. The property is located in a professional, high-traffic area and offers flexible and expandable space. The warehouse area includes heavy-duty shelving and loft storage, and it is forklift ready. The office area is also expandable. A large garage door at the rear of the property provides semi-truck access. The property offers convenient access to I-75. The total property size is 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
$24,494
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,880
$489.9K
Cap Rate 7%
$349,914
$349.9K
Cap Rate 9%
$272,156
$272.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$34.6K $23.04/SF
− Vacancy
−$1.9K −$1.27/SF
EGI
$32.7K $21.77/SF
− OpEx
−$8.2K −$5.44/SF
NOI
$24.5K $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 Rate 5%
$489,880
Cap Rate 7%
$349,914
Cap Rate 9%
$272,156
Alternative Uses
Best Use
Office B
$349.9K
$306.2K – $408.2K
NOI $24,494 @ 7.0% cap · market cap 4.94%
Second Best
Warehouse
$218.9K
$191.5K – $255.4K
NOI $15,323 @ 7.0% cap · market cap 3.09%
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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Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- StorQuest Self Storage — 2830 Manatee Ave E, Bradenton, FL 34208
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible commercial unit with office and warehouse space, I-75 access.
Where is this warehouse located?
The property is located at 515 27TH STREET #7 Bradenton, FL.
What is the asking price?
The asking price for this property is $495,917.
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.
