Freestanding Flex Space
New
For Sale
$2,200,000
718 60TH STREET Court E, Bradenton, FL 34208
SINGLE_FAMILY - BRADENTON, FL
Property Size6,450 SF
Lot Size0.61 Acres
Price / SF$341.09
Days on Market1
Property Features for 718 60TH STREET Court E
General Information
Property type
Residential
Property subtype
Retail
Zoning
GC
Subdivision
INTERSTATE BUS PARK PH I
Lot features
Paved
Directions
From I-75, take SR 64 exit going west. At 60th St Ct E/Cypress Blvd light, turn left onto 60th St Ct E. Property is the third building on the right.
Standard status
Active
APN
1122510359
Size
6,450 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 6 INTERSTATE BUSINESS PARK PHASE I, PI#11225.1035/9
Tax Annual Amount
11757
Legal Description
LOT 6 INTERSTATE BUSINESS PARK PHASE I, PI#11225.1035/9
Utilities
Cooling system
Central Air
Building Details
Year built
2007
Floors in Building
1
Building materials
Block, Stucco
Roof type
Shake
Listing Agency:
WAGNER REALTY
(941) 727-2800
Listed By:
David Fletcher
(941) 727-1175
Added: Aug 4
Last Checked: Aug 4 at 2:06PM
MLS# A4701190
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding flex space building contains 6,450 square feet on a 0.61-acre parcel and was built in 2007. The Class A property uses block and stucco construction with hurricane-proof E-Wall protection, PGT windows and doors, central air, and a shake roof. Three 12-foot overhead doors support loading and access, while 220 power is available. The property is zoned GC.
An existing tenant occupies the building under a 10-year lease with 9 years remaining, along with two 5-year renewal options. The site is positioned just off SR 64 and 0.5 mile from Interstate 75, providing access to both routes.
An existing tenant occupies the building under a 10-year lease with 9 years remaining, along with two 5-year renewal options. The site is positioned just off SR 64 and 0.5 mile from Interstate 75, providing access to both routes.
Key Highlights
- 6,450‑square‑foot freestanding flex space building on 0.61 acres
- Existing tenant on a 10‑year lease with 9 years remaining
- Two 5‑year lease options
Financial Insights For Warehouse
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 | $80.5k | $12.48 |
| − Vacancy | −$3.0k | −$0.46 |
| EGI | $77.5k | $12.02 |
| − OpEx | −$11.6k | −$1.80 |
| NOI | $65.9k | $10.22 |
6,450 SF · lease $12.48/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$941.3K
$823.6K – $1.10M
NOI $65,890 @ 7.0% cap · market cap 3.00%
Second Best
Flex RnD
$908.1K
$794.6K – $1.06M
NOI $63,567 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,772 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Under-served
Demand for This Use
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 Industrial 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?
Flex space - Freestanding Class A flex building with an in-place tenant, GC zoning, and durable E-Wall construction.
Where is this flex space located?
The property is located at 718 60TH STREET Court E Bradenton, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 6,450‑square‑foot freestanding flex space building on 0.61 acres; Existing tenant on a 10‑year lease with 9 years remaining; Two 5‑year lease options
