1650 12Th St, Palmetto, FL 34221
This vacant, 12,300-square-foot industrial building in Palmetto, Florida, presents a compelling owner-user opportunity. Situated on a one-acre lot, this Class B property boasts 3,300 square feet of air-conditioned office space and 9,000 square feet of versatile warehouse space, also air-conditioned. The warehouse features a removable drop ceiling, revealing 16-foot ceilings, and two 12'x12' bay doors. The building is equipped with 600-amp 3-phase power. Ample parking is provided within a fenced-in area. The property is conveniently located near major roadways, including I-75, I-275, US-41, and Port Manatee, offering excellent access to transportation networks. The zoning is CHI. Built in 2000, this single-story building offers a blend of modern functionality and strategic location. The asking price is $2,500,000, translating to $203.25 per square foot. The property's APN is 1013411119. This is a turnkey opportunity for businesses seeking a well-maintained, strategically located industrial space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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