Property profile

1650 12Th St Palmetto, FL 34221

OFF-MARKET
Warehouses
Property ID
US18-3832768
12,300 SF 1 ac lot Built 2000
Individually Owned 10-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2000
Total area 12,300 SF
Lot 1 ac (43,560 SF)
UPID US18-3832768

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
  • Industrial Manufacturer
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer

Location

1650 12Th St Palmetto, FL 34221
Palmetto metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

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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