1408 8th W Ave, Palmetto, FL 34221
This exceptional 1,440-square-foot standalone building in Palmetto, FL, presents a versatile investment opportunity. Situated on a lot with fenced outside storage, the property boasts a highly functional interior layout ideal for a variety of uses. Previously occupied by a towing and security company, the building is meticulously maintained and features recent interior updates. The current configuration includes a welcoming reception/waiting area, a dedicated conference room, a spacious open work area perfect for collaborative projects, a convenient kitchen/break room, and several private offices, providing ample space for individual work or client meetings. Ample parking is available on-site. The property's CG zoning allows for a broad range of commercial uses, including but not limited to retail, medical offices, vehicle or boat sales, restaurants, childcare facilities, veterinary clinics, and liquor stores. Prospective buyers are encouraged to verify permitted uses with the local City and County zoning departments. Approximate pro rata property taxes and insurance total $785.30 monthly. This property offers a unique blend of office space and secure outdoor storage, making it an attractive option for entrepreneurs and investors seeking a well-maintained, adaptable commercial space in a desirable location. The flexible layout and diverse zoning possibilities ensure a high return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PL_CG · Palmetto, FLPalmetto. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.