Downtown Bradenton Office/Warehouse
For Sale
$1,575,000
525 8TH STREET W, Bradenton, FL 34205
Freestanding, updated office/warehouse in Downtown Bradenton with flexible zoning.
Property Size4,324 SF
Lot Size0.32 Acres
Price / SF$364.25
Days on Market277
Property Features for 525 8TH STREET W
General Information
Standard status
Active
Size
4,324 SF
Lot size
0.32 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$9,976
Amenities
Central air
Metal Roof
Pool
Public Pool
Accessible Bedroom
Accessible Common Area
Accessible Entrance
Carpet Flooring
Central Air Cooling
Central Business District
Central Heating
Emergency Power
Ground Level
Landscaped
Marble Flooring
Parking Spaces - 13 to 18
Tile Flooring
Building Details
Year Built
1998
Listing Agency:
SCHERER DEVELOPMENT LLC
(727) 410-2361
Listed By:
ALESYA SCHERER · License #SL3603159
Source:
Corcoran
Added: Nov 6, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:05AM
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 SCHERER DEVELOPMENT LLC
Investment Insights
Based on property information with market context.
This is a well-maintained and recently updated 4,324± SF freestanding office/warehouse building in Downtown Bradenton. The property is zoned T-6 Urban Core, supporting numerous permitted uses such as medical, dental, chiropractic, med spa, legal, accounting, and consulting offices. The interior is fully furnished and features a double-glass entry, a formal lobby and reception area, and over 10 private offices across the ground floor and a 2nd level loft. It also includes a large conference room and 3 spacious flex rooms suitable for production, treatment, or training. Tasteful finishes include tongue-and-groove wood ceilings and a circular staircase leading to the loft, with abundant natural light throughout. High ceilings enhance the natural light. The property includes a kitchen, 2 restrooms (one with a shower), a Generac backup generator, and a 12’x16’ attached container warehouse with a roll-up door. Set on a 13,750± SF lot, the building provides 18+ parking spaces, lush landscaping, and dual access from both 7th St W and 8th St W. Located just ½ mile from Manatee Memorial Hospital, Riverwalk Park, and Village of the Arts, this move-in-ready property offers an exceptional opportunity to establish your business in the center of Bradenton’s revitalized downtown district. A central vacuum system is also included.
Key Highlights
- Prime Downtown Bradenton location zoned T‑6 Urban Core.
- Move‑in ready, fully furnished 4,324± SF office/warehouse building with tasteful finishes.
- Features 10+ private offices, a large conference room, and 3 flex rooms.
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
$70,609
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
4.48%
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%
$1,412,180
$1.4M
Cap Rate 7%
$1,008,700
$1.0M
Cap Rate 9%
$784,544
$784.5K
Market Conditions
NOI Build-Up for 4,324 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
$99.6K $23.04/SF
− Vacancy
−$5.5K −$1.27/SF
EGI
$94.1K $21.77/SF
− OpEx
−$23.5K −$5.44/SF
NOI
$70.6K $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%
$1,412,180
Cap Rate 7%
$1,008,700
Cap Rate 9%
$784,544
Alternative Uses
Best Use
Office B
$1.01M
$882.6K – $1.18M
NOI $70,609 @ 7.0% cap · market cap 4.48%
Second Best
Warehouse
$631.0K
$552.2K – $736.2K
NOI $44,172 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,009 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,707
Businesses Nearby
Under-served
Demand for This Use
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?
Flex space - Freestanding, updated office/warehouse in Downtown Bradenton with flexible zoning.
Where is this flex space located?
The property is located at 525 8TH STREET W Bradenton, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Prime Downtown Bradenton location zoned T‑6 Urban Core.; Move‑in ready, fully furnished 4,324± SF office/warehouse building with tasteful finishes.; Features 10+ private offices, a large conference room, and 3 flex rooms.
