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    302 12Th St Palmetto, FL 34221

    Sponsored
    For Sale
    $89,900

    15,246 SF Commercial Lot in Palmetto, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,246 square foot commercial lot presents a remarkable opportunity for investors and developers in the thriving city of Palmetto, Florida. Located at 302 12th Street W, this property boasts a desirable location within Manatee County, offering easy access to key transportation routes and local amenities. The expansive lot size provides ample space for a variety of commercial ventures, making it ideal for businesses seeking to establish a significant presence in this growing market. Zoned for commercial use (verification of zoning required by buyer), this parcel is ready for immediate development, eliminating lengthy permitting delays. The asking price of $89,900 represents exceptional value for a property of this size and location in Palmetto. With its strategic location and significant potential, this commercial land parcel is poised for substantial returns. Seize this chance to acquire a prime piece of real estate in a dynamic Florida market. The property's address is 302 12th Street West, Palmetto, FL 34221. Latitude and longitude coordinates are 27.524388, -82.566262 respectively. This .3-acre lot offers significant potential for commercial development. Serious inquiries only.

    Property Features for 302 12Th St

    General Information

    Property type
    Land

    HighLights

    • $89,900 asking price for commercial land.
    • 15,246 square foot lot.
    • Located at 302 12th Street W, Palmetto, FL 34221.
    • .3‑acre commercial lot in Manatee County, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.566262
    Latitude
    27.524388

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    FAQs

    What type of property is this?
    Land - 15,246 SF Commercial Lot in Palmetto, FL
    Where is this land located?
    The property is located at 302 12Th St Palmetto, FL.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: $89,900 asking price for commercial land.; 15,246 square foot lot.; Located at 302 12th Street W, Palmetto, FL 34221.
    Request Owner's contact information
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    Palmetto, FL 34221
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    302 12Th St Palmetto, FL 34221
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