Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3200 27Th St Bradenton, FL 34208

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3200 27Th St Bradenton, FL 34208

    View on Map
    • Land
    For Sale
    $16,350,000
    View Listing →
    Bradenton Residential Land Development For Sale
    $16,350,000

    Bradenton Residential Land Development

    99 Acres, 511+ Unit Potential, Prime Location

    3200 27Th St, Bradenton, FL 34208
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3200 27Th St

    Property type
    Land

    Description

    This exceptional 99.39-acre parcel in Bradenton, Florida, presents a remarkable opportunity for residential development. Located at 3200 27th St E, this prime infill site boasts a Planned Development, Mixed Use (PD-MU) zoning designation, allowing for up to 511 residential units. Current site plans, complete with approved civil permits, outline a community of 164 single-family homes (45' x 105') and 120 townhomes (22' x 105'). An alternative plan proposes 440 townhomes. The property comprises twelve parcels (Parcel IDs: 1542600059, 1543200059, 1543200209, 1543100059, 1542500002, 1538900079, 1538900509, 1538900559, 1538900609, 1538900659, 1540500053), totaling nearly 100 acres of pristine, wooded land. Its strategic location offers convenient access to major roadways, including I-75, SR 64, and US 301, placing it within a half-mile of established residential communities like Villages at Glen Creek and Evergreen Community, and close proximity to Pirate City. Downtown Bradenton is just 4.5 miles away, Sarasota is 10 miles, and major retail centers like Sam's Club, Walmart, and The Mall at University Town Center are easily accessible. Offered at $16,350,000, this is an exceptional investment for developers seeking a high-potential residential project in a thriving Florida market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.5302
    Latitude
    27.4711

    Comparable in this City

    • Value Estimation by Request
      0.36 Acres

      105 2Nd Street Ct

      Land • 0.36 Acres
      105 2Nd Street Ct, Bradenton, FL 34208
      View Details
    • Value Estimation by Request
      0.75 Acres

      202 13Th Ave

      Land • 0.75 Acres
      202 13Th Ave, Bradenton, FL 34208
      View Details
    • Value Estimation by Request
      0.71 Acres

      1407 8Th Ave

      Land • 30,928 SF
      1407 8Th Ave, Bradenton, FL 34208
      View Details
    • Value Estimation by Request
      1.80 Acres

      5004 Fl-64

      Land • 1.80 Acres
      5004 Fl-64, Bradenton, FL 34208
      View Details
    • Value Estimation by Request
      1.14 Acres

      2815 1St St

      Land • 1.14 Acres
      2815 1St St, Bradenton, FL 34208
      View Details
    • Value Estimation by Request

      2920 15Th St

      Self storage facilities
      2920 15Th St, Bradenton, FL 34208
      View Details

    Similar Nearby for Sale

    • $16,350,000

      Bradenton Residential Land Development

      99 Acres, 511+ Unit Potential, Prime Location
      3200 27Th St, Bradenton, FL 34208
      View Details
    • $199,900

      Land Available in Bradenton, Florida

      Land for sale in Bradenton, Florida.
      520 20Th St E, Bradenton, FL 34208
      View Details
    • $164,000

      Land in Gulf Of Manatee

      Land available in Gulf Of Manatee, Bradenton, Florida.
      1519 Manatee Ave E, Bradenton, FL 34208
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      47 Acres Commercial Land ForRent

      47 acres of commercial land available for rent.
      5190 66Th St W, Bradenton, FL 34208
      View Details
    • Contact for pricing

      Fenced and Paved Land Available

      0.71 acre fenced and paved land for lease.
      1407 8Th Ave E, Bradenton, FL 34208
      View Details
    • $20 SF/Yr

      Publix Anchored Retail Space

      Retail space for lease in a Publix anchored center.
      4925 Fl-64, Bradenton, FL 34208
      View Details
    • Contact for pricing
      107,768 SF

      Palmetto Industrial Park - Building 3

      107,768 SF Manufacturing/Warehouse Space
      1110 17 St, Memphis, FL 34208
      View Details
    • $17 SF/Yr
      2,550 SF

      Retail/Office Space on Manatee Avenue

      870 SF retail or office suite in Bradenton, FL.
      2446 E Manatee Ave, Bradenton, FL 34208
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3200 27Th St
    Bradenton, FL 34208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!