Property profile

1210 10Th St E Palmetto, FL 34221

FOR LEASE
Grocery and convenience stores
Property ID
US18-5308012
5,744 SF 0.68 ac lot Built 1989
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1989
Total area 5,744 SF
Lot 0.68 ac (29,430 SF)
Zoning code PL_CG
APN 25825.0024-1
UPID US18-5308012

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization

Location

1210 10Th St E Palmetto, FL 34221
Palmetto metro Census 1502 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2025
Last sale
$1.3M
2 recorded transactions
2025
$1.3M
2018
Price N/A

Zoning & alternative use

PL_CG · Palmetto, FL
Top alternative use upside
Auto repair, garage $1.9M +42.9%
Retail stores $1.7M +32.9%
Commercial (general) $1.7M +27.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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