Property profile

2424 Manatee E Ave Bradenton, FL 34208

OFF-MARKET
Investment properties
Property ID
US18-2276873
17,480 SF 3.45 ac lot Built 1998
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

Sunbay Plaza offers exceptional lease opportunities in Manatee County, Florida. This prime commercial property comprises two buildings totaling 37,230 square feet, classified as Class B. The property features a diverse mix of retail, office, and industrial spaces, catering to a variety of business needs. Currently, two units are available for lease: a 1,375 square foot retail space boasting excellent visibility on Manatee Avenue East (SR 64), and a 2,550 square foot office and warehouse unit complete with an overhead door. The property's strategic location provides convenient access to downtown Bradenton and Interstate 75, ensuring high traffic flow and accessibility for both employees and customers. Sunbay Plaza benefits from two convenient ingress and egress points on Manatee Avenue East and additional access from 24th Street East. Retail tenants enjoy prominent building and pylon signage opportunities, with pylon signage visible to an estimated 44,500 vehicles daily on Manatee Avenue East. Established co-tenants include Los Laureles Market, Metro PCS, and Manatee Glass & Mirror, creating a vibrant and well-established commercial environment. Ample onsite parking is available for tenants and their customers. The property's flexible space options, combined with its high visibility and convenient location, make Sunbay Plaza an ideal choice for businesses seeking a thriving commercial environment in Manatee County. The property's APN is 1330100056.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1998
Construction WOOD
Total area 17,480 SF
Lot 3.45 ac (150,282 SF)
Zoning code BR_UCC
APN 13301.0005-6
UPID US18-2276873

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
  • Physician
  • Law Firm
  • Physician
  • Physician
  • Medical Clinic

Location

2424 Manatee E Ave Bradenton, FL 34208-2420
Bradenton metro Census 704 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$3.10M

Owner & transaction history

since 2014
7 recorded transactions
2014
$2.1M
2013
$100
2013
$100
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BR_UCC · Bradenton, FL
Top alternative use upside
Apartment house (5+ units) $5.1M +24.2%
Office building $4.6M +10.9%

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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