7-515 27th St E, Bradenton, FL 34205

Listing Agency: KIRSTEN REALTY INC Show Phone

Listed By: Ivan Gutierrez · License #3215439 Show Phone

Source: Exprealty

Added: Jun 3, 2025 Changed: Nov 5 Last Checked: Nov 8 at 9:36AM

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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 KIRSTEN REALTY INC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This flex space is designed as a multiuse layout with office space in the front and warehouse space in the back, providing flexible and expandable working areas. The warehouse includes heavy-duty shelves that are forklift-ready, along with loft storage for additional overhead storage. An expandable office area supports a variety of office and operational needs.

The back of the space features a large garage door with semi-truck access, supporting straightforward loading and delivery workflows. The property is in a professional high-traffic area and offers easy access to I-75, helping connect day-to-day operations with regional routes. The space is approximately 1,500 SF.

Key Highlights

• Approximately 1,500 SF flex space with office in front and warehouse in back
• Heavy‑duty, forklift‑ready shelving in the warehouse
• Loft storage for additional overhead storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,323

Cap Rate

3.09%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$306,460 $306.5K

Cap Rate 7%

$218,900 $218.9K

Cap Rate 9%

$170,256 $170.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,500 SF

Gross rent

$18.7K $12.48/SF

− Vacancy

−$693 −$0.46/SF

EGI

$18.0K $12.02/SF

− OpEx

−$2.7K −$1.80/SF

NOI

$15.3K $10.22/SF

Area

Manatee County, FL

Vacancy

3.70%

Lease Rate

$12.48 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$306,460

Cap Rate 7%

$218,900

Cap Rate 9%

$170,256

Alternative Uses

Best Use

Warehouse

$218.9K

$191.5K – $255.4K (±1% cap)

NOI $15,323 @ 7.0% cap · market cap 3.09%

Second Best

Flex RnD

$211.2K

$184.8K – $246.4K (±1% cap)

NOI $14,783 @ 7.0% cap · market cap 2.98%

Theoretical Best

Office A

$441.1K

$386.0K – $514.6K (±1% cap)

NOI $30,877 @ 7.0% cap · market cap 6.23%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Catering Service Food Market Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Drive-in doors

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

721

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

Average Price Trend$/SF for Flex space in Bradenton, FL

$497 Jul

$365 Aug

$407 Sep

$418 Oct

Properties on Market for Flex space in Bradenton

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Front office and back warehouse setup with forklift-ready shelving and semi-truck capable rear garage door.

Where is this flex space located?

The property is located at 7-515 27th St E Bradenton, FL.

What is the asking price?

The asking price for this property is $495,458.

What are key features of this property?

This property features: Approximately 1,500 SF flex space with office in front and warehouse in back; Heavy‑duty, forklift‑ready shelving in the warehouse; Loft storage for additional overhead storage