Retail Property Near Interstate
6815 53rd Ave E, Bradenton, FL
For Sale
Contact for pricing
Retail property in Bradenton, Florida, near golf and country clubs.
Property Size3,424 SF
Lot Size0.75 Acres
Price / SF$376.75
Days on Market712
Property Features for 6815 53rd Ave E
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
STNL Development
(513) 438-5150
Listed By:
Nash Williams · License #FL SL3477920
(689) 666-9550
Source:
Moodyscre
Added: Nov 28, 2024
Changed: Oct 26
Last Checked: Nov 8 at 3:42AM
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 STNL Development
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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 3,424-square-foot retail property is located in Bradenton, Florida. The property is positioned approximately one mile from Interstate 75, which sees 133,000 vehicles per day. The surrounding area includes over 2,000 homes within three golf and country clubs. The property is located in an area with over 135,000 residents within a 5-mile radius.
Key Highlights
- Only cannabis dispensary in a 5‑mile radius with 135,000+ residents.
- Located near three golf & country clubs with over 2,000 homes.
- One mile from Interstate 75 with 133,000 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,107
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,140
$842.1K
Cap Rate 7%
$601,529
$601.5K
Cap Rate 9%
$467,856
$467.9K
Market Conditions
NOI Build-Up for 3,424 SF
Gross rent
$61.6K $18.00/SF
− Vacancy
−$1.5K −$0.43/SF
EGI
$60.2K $17.57/SF
− OpEx
−$18.0K −$5.27/SF
NOI
$42.1K $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 Rate 5%
$842,140
Cap Rate 7%
$601,529
Cap Rate 9%
$467,856
Alternative Uses
Best Use
Retail
$601.5K
$526.3K – $701.8K
NOI $42,107 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$881.0K – $1.17M
NOI $70,482 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
507
Businesses Nearby
234k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 32%
Apparel 11%
Beauty & Spa 1%
Chick-fil-A
Dining
59,483 visits/mo
0.3 miles
McDonald's
Dining
29,642 visits/mo
0.2 miles
7-Eleven
Shops & Services
25,172 visits/mo
0.4 miles
Bealls Florida
Apparel
22,626 visits/mo
0.5 miles
Dollar Tree
Shops & Services
21,890 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Bradenton, FL
Properties on Market for Retail space in Bradenton
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property in Bradenton, Florida, near golf and country clubs.
Where is this retail space located?
The property is located at 6815 53rd Ave E Bradenton, FL.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Only cannabis dispensary in a 5‑mile radius with 135,000+ residents.; Located near three golf & country clubs with over 2,000 homes.; One mile from Interstate 75 with 133,000 vehicles per day.
