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Flex Space with Office and Warehouse
For Sale
$495,728

7-515 27th St E, Bradenton, FL 34205

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

Property Size1,500 SF
Price / SF$330.49
Days on Market425

Property Features for 7-515 27th St E

General Information

Standard status Active
Size 1,500 SF

Additional Details

Highway Access Yes
Drive-In Doors 1
Listing Agency: KIRSTEN REALTY INC
Listed By: Ivan Gutierrez · License #3215439
Source: Exprealty
Added: Jun 3, 2025 Changed: Jul 31 Last Checked: Jul 31 at 4:47AM

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

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 For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $34.6k $23.04
− Vacancy −$1.9k −$1.27
EGI $32.7k $21.77
− OpEx −$8.2k −$5.44
NOI $24.5k $16.33
1,500 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$349.9K
$306.2K – $408.2K (±1% cap)
NOI $24,494 @ 7.0% cap · market cap 4.94%
Second Best
Warehouse
$218.9K
$191.5K – $255.4K (±1% cap)
NOI $15,323 @ 7.0% cap · market cap 3.09%
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.

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

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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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 $495,728.
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
More about this property
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