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    Retail Space in Palma Sola Title is generated by Realmo AI

    5709 Manatee Ave W, Bradenton, FL 34209

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    Winn Dixie anchored shopping center with high traffic counts.

    Type:Retail
    Added:
    Jun 6, 2019
    Days on Market:
    2532
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 5709 Manatee Ave W

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 5709 Manatee Ave W Contact us

    5759 Manatee Avenue West $23 /Mo

    Size
    1,020 SF
    Type
    Retail
    Former hair salon with two sinks already in place
    Contact us

    5505 Manatee Avenue West $35 /Mo

    Size
    2,617 SF
    Type
    Retail
    Prime corner location in major shopping center (Palma Sola Square Center)nAnchored...
    show more
    Contact us

    5729 Manatee Avenue $21 /Mo

    Size
    20,936 SF
    Type
    Retail
    PRIME OFFICE/RETAIL SPACE RIGHT IN MIDDLE OF FOUR-BLOCK LONG SHOPPING CENTER ON MANATEE...
    show more
    Contact us

    5757 Manatee Avenue $23 /Mo

    Size
    2,703 SF
    Type
    Retail
    PRIME OFFICE/RETAIL SPACE LOCATED RIGHT IN THE MIDDLE OF FOUR-BLOCK LONG SHOPPING...
    show more
    Contact us

    5761 Manatee Avenue West $23 /Mo

    Size
    1,200 SF
    Type
    Retail
    Prime location right in the middle of an Aldi-anchored shopping center on major thoroughfare...
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    Contact us

    5639 MANATEE AVENUE WEST $23 /Mo

    Size
    3,450 SF
    Type
    Retail
    Prime 3,450 sf two-room suite in very busy Palma Sola Square Center
    Contact us
    Show more

    We can help!

    Listing Contact
    Gary Landsman
    Gary Landsman

    Listing agent Gary Landsman License #FL BK3018241

    Listing office Executive Property Management Group Inc

    Listing date Jun 6, 2019

    Source Crexi

    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 Executive Property Management Group Inc

    HighLights

    • Winn Dixie anchored plaza provides a stable customer draw.
    • High traffic count location maximizes visibility and exposure.
    • Premium location in Bradenton.
    • Excellent visibility for all tenants.
    • Diverse mix of well‑known national brands including Starbucks and Dunkin Donuts.
    • Includes a mix of boutiques, salons, gyms, and restaurants.

    Overview

    The Palma Sola Shopping Center is anchored by a Winn Dixie grocery store and benefits from high traffic counts. The plaza features a mix of well-known and local businesses, including boutiques, salons, gyms, restaurants, Starbucks, Dunkin Donuts, Sprint, and Tires Plus.
    Location Intelligence

    Current Use by Public Records

    Josef's Coiffures International Hair Salon Roofing Contractors St. ... Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • West Gate — 4009 Manatee Ave W, Bradenton, FL 34205
    • Palma Sola Square Shopping Center — 5729 Manatee Ave W, Bradenton, FL 34209
    • Coinstar Kiosk | Bitcoin ATM — Winn Dixie, 5805 Manatee Ave W, Bradenton, FL 34209

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6178673
    Latitude
    27.4949423

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    FAQs

    What type of property is this?
    Shopping center - Winn Dixie anchored shopping center with high traffic counts.
    Where is this shopping center located?
    The property is located at 5709 Manatee Ave W Bradenton, FL.
    What are key features of this property?
    This property features: Winn Dixie anchored plaza provides a stable customer draw.; High traffic count location maximizes visibility and exposure.; Premium location in Bradenton.
    (941) 809-7027 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gary Landsman
    Gary Landsman
    Real Estate License ID: FL BK3018241
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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