Corner Storefront
New
For Sale
$500,000
904 7TH Avenue E, Bradenton, FL 34208
Commercial Sale, BRADENTON, FL
Property Size1,922 SF
Lot Size0.19 Acres
Price / SF$260.15
Days on Market2
Property Features for 904 7TH Avenue E
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
SOUTHERN INVESTMENT CO
Directions
From downtown Bradenton or from US 41 or from 301, go east and State Road 64, the property is on the right
Standard status
Active
APN
3232000004
Size
1,922 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOTS 6,7 SUB OF LOT 5 SUB OF W1/2 OF SE1/4.; LESS R/W DESC IN OR 1504/1669 AND FURTHER DESC AS FOL: COM AT THE SW COR OF THE SE1/4 OF SEC 25; TH N 00 DEG 40 MIN 52 SEC W, A DIST OF 730.77 FT TO THE WLY EXT OF THE SLY LN OF SD LOT 7; TH S 89 DEG 03 MI N 39 SEC E, ALG SD LN, A DIST OF 30.01 FT TO THE SW COR OF SD LOT 7 FOR THE POB; TH CONT S 89 DEG 03 MIN 39 SEC E,
Tax Annual Amount
2736
Legal Description
LOTS 6,7 SUB OF LOT 5 SUB OF W1/2 OF SE1/4.; LESS R/W DESC IN OR 1504/1669 AND FURTHER DESC AS FOL: COM AT THE SW COR OF THE SE1/4 OF SEC 25; TH N 00 DEG 40 MIN 52 SEC W, A DIST OF 730.77 FT TO THE WLY EXT OF THE SLY LN OF SD LOT 7; TH S 89 DEG 03 MI N 39 SEC E, ALG SD LN, A DIST OF 30.01 FT TO THE SW COR OF SD LOT 7 FOR THE POB; TH CONT S 89 DEG 03 MIN 39 SEC E,
Building Details
Year built
1960
Building materials
Block
Listing Agency:
KELLER WILLIAMS ON THE WATER · Keller Williams Realty
(941) 729-7400
Listed By:
Timothy Hoth · License #3542635
(941) 705-2918
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 16 at 1:06AM
MLS# A4706262
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 standalone storefront property includes a 1,922-square-foot block building constructed in 1960. The structure occupies a 0.19-acre corner parcel and is complemented by an existing billboard that is leased. Two curb cuts provide separate points of entry from the surrounding roadway network.
The property is located at 904 7th Avenue E in Bradenton, Florida, within Manatee County. Its corner positioning, compact site area, and existing billboard create a defined commercial footprint for evaluation. Any future use should be confirmed with the appropriate municipal authorities.
The property is located at 904 7th Avenue E in Bradenton, Florida, within Manatee County. Its corner positioning, compact site area, and existing billboard create a defined commercial footprint for evaluation. Any future use should be confirmed with the appropriate municipal authorities.
Key Highlights
- 1,922‑square‑foot block building
- 0.19‑acre corner parcel
- Two curb cuts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,636
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,720
$472.7K
Cap Rate 7%
$337,657
$337.7K
Cap Rate 9%
$262,622
$262.6K
Market Conditions
NOI Build-Up for 1,922 SF
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.
Gross rent
$34.6K $18.00/SF
− Vacancy
−$830 −$0.43/SF
EGI
$33.8K $17.57/SF
− OpEx
−$10.1K −$5.27/SF
NOI
$23.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$472,720
Cap Rate 7%
$337,657
Cap Rate 9%
$262,622
Alternative Uses
Best Use
Retail
$337.7K
$295.5K – $393.9K
NOI $23,636 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.2K
$494.6K – $659.4K
NOI $39,564 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,260
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Dollar General
Shops & Services
7,289 visits/mo
0.5 miles
Dunkin' Donuts
Dining
6,017 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,906 visits/mo
0.5 miles
Citgo
Shops & Services
3,286 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Block construction, dual curb cuts, and an existing leased billboard support this standalone commercial property.
Where is this storefront property located?
The property is located at 904 7TH Avenue E Bradenton, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,922‑square‑foot block building; 0.19‑acre corner parcel; Two curb cuts
