1210 10Th St Palmetto, FL 34221
- Grocery and convenience stores
- 5,744 SF
- 0.68 lot acres
Current Use by Public Records
- Goodwill Manasota - Donation Center / Donations Center
Property Details for 1210 10Th St
- Year built
- 1989
- Lot size
- 0.68 lot acres
- Property size
- 5,744 SF
- Zone code
- PL_CG
- Property type
- Grocery and convenience stores
- APN
- 25825.0024-1
- APU
- 2582500241
Description
This exceptional freestanding retail building, located at 1210 10th St E in Palmetto, Florida (zip code 34221), offers a unique opportunity for businesses seeking high visibility and accessibility. The 4,400 square foot single-tenant space is situated on a signalized corner in a rapidly developing area of Manatee County, boasting excellent visibility and convenient access for customers. This prime location along the fast-growing US 301 corridor sees approximately 61,000 vehicles daily, ensuring significant exposure for your business. The surrounding area is experiencing substantial growth, with numerous new developments underway. Within a one-mile radius, the Bradenton Convention Center is undergoing a major $48 million renovation and expansion project. Furthermore, a newly constructed Marriott Resort & Spa is nearby, along with the development of 2000 waterfront homes. This influx of new residents and visitors creates a thriving market for retail businesses. The property's strategic location positions it perfectly to capitalize on this exciting growth, making it an ideal space for retailers and restaurants looking to establish or expand their presence in a dynamic and prosperous community. This is a rare opportunity to secure a prominent retail space in a high-traffic area experiencing significant development and population growth.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,265,000
- 7%
- $1,365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,425,000
- Geo Method
- $1,385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,150,000
- Retail
- $1,270,000
- Mixed-Use
- $1,240,000
- Hospitality
- $1,355,000
- Educational
- $1,235,000
- Residential Income
- $1,215,000
- Energy
- $1,465,000
- Income-Based Land
- $1,560,000
- Food Service
- $1,430,000
Location Insight
- Map
- Local Demand
- City
- Palmetto
- County
- Manatee
- State
- Florida
- Longitude
- -82.5521
- Latitude
- 27.5217
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
