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Financial
Distress signals
Property profile

1301 10Th St E Palmetto, FL 34221

FOR LEASE
Office buildings
Property ID
US18-3715788
4,904 SF 2.86 ac lot Built 1981
Last sale Oct 2015 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This stand-alone commercial building is located within River North Business Center, positioned between US 41, Business 41, and I-75, a few miles from I-275. The property has a flexible CG zoning designation and is configured to support office, medical, or retail uses. The building contains approximately 2,640 square feet and includes on-site parking for customers and employees. Its interior layout features 10 private offices, a reception and waiting area, two private handicap-accessible…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value$1.54M
Assessed land$593k
Assessed improvement$951k
Effective rate2.09%

Value estimate

· Oct 2026
$1.15M
$1.03M – $1.26M
CAP approach$1.32M
Submarket $/SF estimate$1.08M
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 59,650.00% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$236/SF
County average, outlier-cleaned · 241 recorded sales of this use type
Observed band · Q1–Q3$139 – $380

Cap rate analysis

How does the asset earn?
59,650.00%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PL_CG,PL_PD-MU
JurisdictionMANATEE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.1
Realty agency12.4
Law Firm12.1

Location

1301 10Th St E Palmetto, FL 34221
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
601 8th W, Palmetto, FL 34221-5115 $183,400 Dec 2025 2,400 SF
5515 Bayshore, Palmetto, FL 34221-6807 $565,000 Aug 2024 2,403 SF
449 10th W, Palmetto, FL 34221-5031 $500,000 Jun 2024 2,658 SF
505 7th W, Palmetto, FL 34221-4701 $375,000 Apr 2024 2,360 SF
604 6th W, Palmetto, FL 34221-5136 $450,000 Jul 2023 2,454 SF
429 10th Ave W Ste, Palmetto, FL 34221-5048 $585,000 May 2021 5,620 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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