1001 3rd W Ave Bradenton, FL 34205-7863
- Office buildings
- 81,081 SF
- 0.96 lot acres
Current Use by Public Records
- Harman Ann E CPA / Accounting Firm / Tax Preparation
- Carr, Riggs & Ingram CPAs and Advisors / Accounting Firm / Tax Preparation
- Farrow & Pulice, P.A. / Law Firm
- Sebring Law / Law Firm
- Brown & Brown / Law Firm
Property Details for 1001 3rd W Ave
- Year built
- 1985
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.96 lot acres
- Property size
- 81,081 SF
- Zone code
- BR_FBC,BR_T6
- Property type
- Office buildings
- APN
- 32914.0000-4
- APU
- 3291400004
Description
This exceptional Class A office building, the NDC Center, offers 78,765 square feet of prime office space in the heart of Downtown Bradenton, Florida. Built in 1985 and renovated in 2014, this seven-story building boasts a desirable location, directly across from the City Center Parking Garage and the Manatee Chamber of Commerce. The Manatee County Administration Building and Judicial Center are conveniently located just one block away. The property features a total of 206 parking spaces in an attached garage, providing ample parking for tenants and visitors. The building includes two elevators for easy access to all floors. Individual office spaces range from a minimum of 1,902 square feet, with a currently available space of 1,434 to 1,902 square feet. The building sits on 9.6 acres of land and offers stunning views of the Manatee River. The zoning is T5, and the property is situated at 1001 3rd Ave W, Bradenton, FL 34205, in Manatee County. This is a multiple tenancy building, ideal for businesses seeking a prestigious address and convenient access to key government and civic institutions. The building's modern amenities and prime location make it an attractive option for a variety of businesses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $23,540,000
- 6.5%
- $21,730,000
- 7%
- $20,175,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $16,198,000
- AI Estimate
- $11,576,000
Market price range: $9.89M - $23.6MMarket price range: $7.31M - $16.9M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $16,620,000 Current use
- RETAIL STORES
- $24,270,000 Change: +46% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $23,830,000 Change: +43% Conversion: Easy
- COMMERCIAL (GENERAL)
- $19,190,000 Change: +15% Conversion: Easy
- AUTO REPAIR, GARAGE
- $18,165,000 Change: +9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5723
- Latitude
- 27.497
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA