Versatile Commercial Property Near
For Sale
$465,000
5715 26th St W, Bradenton, FL 34207
Move-in ready commercial building with diverse zoning and ample space.
Property Size2,379 SF
Lot Size0.23 Acres
Price / SF$195.46
Days on Market176
Property Features for 5715 26th St W
General Information
Standard status
Active
Size
2,379 SF
Class
B
Lot size
0.23 Acres
Property subtype
Retail/Medical/Special Use
Building Details
Building Size
2,379 SF
Year Built
1975
Listing Agency:
(941) 932-7131
Listed By:
Angela Varga · License #FL BK3026434
Source:
Gulfcoastcommercialgroup
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 29 at 6:57AM
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 Angela Varga
Investment Insights
Based on property information with market context.
This commercial property offers a fantastic opportunity for various occupant types due to its abundant allowable uses within the PD-O zoning. Permitted uses include office, retail, medical, veterinary clinic, daycare, dry cleaners, assisted living facility, and church, among others. The property, previously occupied by a daycare, features front access directly off 26th Street with a half-circle driveway and parking lot. Situated on 0.2318 acres, the building provides 2,379 square feet of usable, air-conditioned space. It includes a large, fenced backyard and a spacious side (north) yard area, also fenced. The interior has been freshly painted and features new vinyl plank flooring in all rooms, along with new kitchen appliances. A new roof was installed in 2021. The building has two separate entrances, accommodating multiple users or providing private separation for ingress/egress. The rooms are large, and there are three full bathrooms. The property is in move-in-ready condition. Located directly across the street from State College of Florida on the east side of 26th Street, the property is three parcels south of the intersection and traffic light at 57th Ave West.
Key Highlights
- Located directly across the street from State College of Florida
- PD‑O zoning allows for an abundance of different uses (Office, Retail, Medical, Daycare, etc.)
- Move‑in ready condition with new roof (installed 2021), fresh paint, new vinyl plank flooring, and new kitchen appliances
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
$29,256
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
6.29%
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%
$585,120
$585.1K
Cap Rate 7%
$417,943
$417.9K
Cap Rate 9%
$325,067
$325.1K
Market Conditions
NOI Build-Up for 2,379 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
$42.8K $18.00/SF
− Vacancy
−$1.0K −$0.43/SF
EGI
$41.8K $17.57/SF
− OpEx
−$12.5K −$5.27/SF
NOI
$29.3K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$585,120
Cap Rate 7%
$417,943
Cap Rate 9%
$325,067
Alternative Uses
Best Use
Retail
$417.9K
$365.7K – $487.6K
NOI $29,256 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$699.6K
$612.1K – $816.2K
NOI $48,971 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
SUBWAY
Dining
1,772 visits/mo
0.5 miles
Public Storage
Shops & Services
1,734 visits/mo
0.4 miles
Demographics for 34207, FL
35,281
Population
19,411
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
5,690
Density / Sq Mi
$49,162
Median Household Income
$33,035
Median Earnings
$1,270
Median Rent
$122,100
Median Home Value
Market
Vacancy Rate% for Retail 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?
Retail space - Move-in ready commercial building with diverse zoning and ample space.
Where is this retail space located?
The property is located at 5715 26th St W Bradenton, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Located directly across the street from State College of Florida; PD‑O zoning allows for an abundance of different uses (Office, Retail, Medical, Daycare, etc.); Move‑in ready condition with **new roof (installed 2021), fresh paint, new vinyl plank flooring, and new kitchen appliances**
