Current Use by Public Records
- Specialty properties
Property Details for 5115 Fl-64
- Year built
- 2006
- Lot size
- 2.00 lot acres
- Property type
- Specialty properties
- Property subtype
- Day care centers
Description
This exceptional Class A mixed-use property in Bradenton, Florida, presents a compelling investment opportunity. Located at 5115 FL-64, this 8,850 square foot building, constructed in 2006, sits on a two-acre lot (APN: 1115610359) and boasts a prime location minutes west of I-75 and Lakewood Ranch. Currently occupied by a tenant with a lease extending to March 2029, with a five-year option, the building generates a substantial annual base rent with yearly increases. The property features a drive-thru, sprinkler system, backup generator, and ample parking. The building itself includes seven offices, a large kitchen/breakroom, conference room, training area, two smaller break areas, a server room, a large open area, three restrooms, and a walk-in vault. A one-acre vacant lot on the property requires minimal site work, with utilities already in place and master stormwater management off-site. Zoned BR_SCC, this versatile property allows for various uses, including medical, office, church, auto-related businesses, quick-service restaurants, and preschools. The rear lot has pre-approval for a stand-alone preschool with a playground. With a daily traffic count of approximately 50,000, this property offers significant potential for expansion, with the possibility of adding 8,000 to 14,000 square feet of additional building space. The asking price is $3,595,000 ($406.21 per square foot). This is a rare opportunity to acquire a well-rounded, high-potential investment in a thriving area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.4967
- Latitude
- 27.4958
