Executive Office Building With
New
For Sale
Contact for pricing
527 E MANATEE AVE, Bradenton, FL 34208
Professional office property with private garage access, multiple executive offices, conference space, and on-site signage.
Property Size3,872 SF
Price / SF$350
Days on Market4
Property Features for 527 E MANATEE AVE
General Information
Standard status
Active
Size
3,872 SF
Class
Class (A)
Total Parking Spaces
2
Property subtype
OFFICE
Additional Details
Road Access
Yes
Amenities
electric sign
private entrances
man cave with shower
mailroom
file room
breakroom
conference room
oversize foyer
office restroom
foyer restroom
Building Details
Buildings
1
Listing Agency:
SAM ERB REALTY LLC
(941) 915-1005
Listed By:
Samuel S Erb
(941) 915-1005
Source:
Moodyscre
Added: Aug 17
Changed: Aug 18
Last Checked: Aug 19 at 1:42PM
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 SAM ERB REALTY LLC
Investment Insights
Based on property information with market context.
This 3,872-square-foot office building includes four executive offices, four additional offices, a mailroom, file room, breakroom, conference room, oversize foyer, and two restrooms. The executive offices range from 12'5" x 21' to 12' x 15'8". A private, secure two-car garage provides interior access to the executive office area and an additional room with a full restroom and shower.
The property occupies the corner of Manatee Ave E and 6th St E near downtown Bradenton. An electric freestanding sign allows changing messages to be displayed, adding an identifiable on-site presence for the office user.
The property occupies the corner of Manatee Ave E and 6th St E near downtown Bradenton. An electric freestanding sign allows changing messages to be displayed, adding an identifiable on-site presence for the office user.
Key Highlights
- 3,872‑square‑foot office building near downtown Bradenton
- Corner location at Manatee Ave E and 6th St E
- Private secure 2‑car garage with 2 doors measuring 8' wide x 8'6" high
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
$63,228
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
4.67%
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%
$1,264,560
$1.3M
Cap Rate 7%
$903,257
$903.3K
Cap Rate 9%
$702,533
$702.5K
Market Conditions
NOI Build-Up for 3,872 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
$89.2K $23.04/SF
− Vacancy
−$4.9K −$1.27/SF
EGI
$84.3K $21.77/SF
− OpEx
−$21.1K −$5.44/SF
NOI
$63.2K $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%
$1,264,560
Cap Rate 7%
$903,257
Cap Rate 9%
$702,533
Alternative Uses
Best Use
Office B
$903.3K
$790.4K – $1.05M
NOI $63,228 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$996.3K – $1.33M
NOI $79,704 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,479
Businesses Nearby
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
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 - Professional office property with private garage access, multiple executive offices, conference space, and on-site signage.
Where is this office building located?
The property is located at 527 E MANATEE AVE Bradenton, FL.
What is the asking price?
The asking price for this property is $1,355,200.
What are key features of this property?
This property features: 3,872‑square‑foot office building near downtown Bradenton; Corner location at Manatee Ave E and 6th St E; Private secure 2‑car garage with 2 doors measuring 8' wide x 8'6" high
