Freestanding Office Building with
For Sale
$1,300,000
525 8th Street, Bradenton, FL 34205
Updated, furnished workspace with flexible rooms, backup power, and T-6 Urban Core zoning.
Property Size4,324 SF
Lot Size0.32 Acres
Price / SF$300.65
Days on Market309
Property Features for 525 8th Street
General Information
Standard status
Active
Size
4,324 SF
Total Parking Spaces
18
Lot size
0.32 Acres
Property subtype
Office
Zoning
T-6
Additional Details
Furnished
Yes
Road Access
Yes
Warehouse Space
192 SF
Taxes and HOA fees
Annual Taxes
$9,976
Amenities
central vacuum system
Generac backup generator
conference room
kitchen
shower
lush landscaping
Central Air
3
Security Lighting. Central Business District.
Building Details
Year Built
1998
Buildings
1
Stories
2
Building Size
4,324 SF
Listing Agency:
SCHERER DEVELOPMENT LLC
(727) 410-2361
Listed By:
Alesya Scherer · License #3603159
Source:
Xome
Added: Oct 27, 2025
Changed: Aug 31
Last Checked: Aug 30 at 2:37PM
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 4,324± SF freestanding office building, constructed in 1998, combines furnished work areas with a loft, multiple private offices, a conference room, and three adaptable flex rooms. The interior includes a lobby and reception area, kitchen, two restrooms with one shower, central air, high ceilings, natural light, a circular stairway, and tongue-and-groove wood ceilings. A Generac generator supports continuity, while an attached 12’ x 16’ container warehouse includes a roll-up door.
The property occupies a 13,750± SF lot in Downtown Bradenton and carries T-6 Urban Core zoning. It offers access from both 7th St W and 8th St W, along with 18+ parking spaces and landscaped grounds. Manatee Memorial Hospital, Riverwalk Park, and Village of the Arts are each approximately ½ mile away. The site is also equipped with security lighting.
The property occupies a 13,750± SF lot in Downtown Bradenton and carries T-6 Urban Core zoning. It offers access from both 7th St W and 8th St W, along with 18+ parking spaces and landscaped grounds. Manatee Memorial Hospital, Riverwalk Park, and Village of the Arts are each approximately ½ mile away. The site is also equipped with security lighting.
Key Highlights
- 4,324± SF freestanding office building on a 13,750± SF lot
- T‑6 Urban Core zoning with numerous permitted office and professional uses
- Over 10 private offices spanning the ground floor, second level, and loft
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
5.43%
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 5.43%
Second Best
Flex RnD
$608.8K
$532.7K – $710.2K
NOI $42,614 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,009 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,189
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Updated, furnished workspace with flexible rooms, backup power, and T-6 Urban Core zoning.
Where is this office building located?
The property is located at 525 8th Street Bradenton, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,324± SF freestanding office building on a 13,750± SF lot; T‑6 Urban Core zoning with numerous permitted office and professional uses; Over 10 private offices spanning the ground floor, second level, and loft
