Property profile

2501 1st E Ave Palmetto, FL 34221

OFF-MARKET
Grocery and convenience stores
Property ID
US18-9374232
5,173 SF 0.23 ac lot Built 1941
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1941
Construction TYPE NOT SPECIFIED
Total area 5,173 SF
Lot 0.23 ac (10,140 SF)
Zoning code NC-M,RSF-4.5
APN 24986.0000-2
UPID US18-9374232

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
  • Car Rental Facility

Location

2501 1st E Ave Palmetto, FL 34221-2501
Palmetto metro Census 1501 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2023
Last sale
$465,000
5 recorded transactions
2023
$465,000
2015
$68,000
2008
$75,000
2000
$22,500
2000
$3,500

Zoning & alternative use

NC-M,RSF-4.5 · Palmetto, FL

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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