1003 8Th Ave Bradenton, FL 34205
- Office buildings
- 16,368 SF
- 0.49 lot acres
Current Use by Public Records
- WePellet / Wellness Center / Wellness Program
- Global Impact Financial Services / Accounting Firm
- Soothe Personalized Nutrition / Vitamin & Supplements Store
- Hyde Construction / Contractor / Carpenter
- Storytellers / Marketing Agency / Promotional Products Supplier
Property Details for 1003 8Th Ave
- Year built
- 1969
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.49 lot acres
- Property size
- 16,368 SF
- Zone code
- BR_FBC,BR_T5
- Property type
- Office buildings
- APN
- 33167.0000-8
- APU
- 3316700008
Description
This exceptional two-story, 17,023-square-foot medical office building is situated in Bradenton's thriving downtown area at 1003 8th Ave W, 34205, Manatee County, Florida. Built in 1969 and recently renovated, this Class B property offers four units, each featuring ADA-compliant restrooms, ample natural light, and kitchen space. The open floor plan provides flexibility for various uses, including a single-tenant occupancy or conversion to mixed-use retail on the ground floor and office space above. High-quality data and internet wiring are installed throughout. The building boasts numerous green building features and offers access to additional contiguous space. The 0.49-acre lot (APN 3316700008) includes ample street parking and an additional parking lot across the street at 721 11th St. W. The asking price is $3,600,000, translating to $211.48 per square foot. This prime location within the T5 Urban zoned area presents a unique investment opportunity for owner-users seeking a prestigious and functional space in a rapidly growing urban district. The property's versatility and recent upgrades make it an attractive option for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,345,000
- 7%
- $1,380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,570,000
- Geo Method
- $1,525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,570,000
- Retail
- $1,235,000
- Mixed-Use
- $1,455,000
- Hospitality
- $1,495,000
- Educational
- $1,610,000
- Residential Income
- $1,550,000
- Energy
- $1,255,000
- Income-Based Land
- $1,470,000
- Food Service
- $1,610,000
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.5723
- Latitude
- 27.4927
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
