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    Property profile & analytics

    3002 16Th Ave E Palmetto, FL 34221

    • Commercial real estate
    • 10.00 lot acres
    For Sale
    View listing
    $695,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-4772261
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3002 16Th Ave E

    Lot size
    10.00 lot acres
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.5484180148
    Latitude
    27.541596472066

    Comparable in this City

    • $1,500,000
      3,946 SF

      Equestrian Center with 20-Stall Barn

      4.9-acre Palmetto horse ranch with Mediterranean home and guest cabin.
      9510 36Th Ave E, Palmetto, FL 34221
      View Details
    • $720,000
      11.52 Acres

      Palmetto Vacant Land Opportunity

      11.52-acre parcel in North Manatee County, zoned for agriculture.
      12870 Grass Farm Rd, Palmetto, FL 34221
      View Details
    • $1,628,000
      3.42 Acres

      Palmetto Development Land

      3.42 Acres, 22-Unit Potential
      0 Terra Ceia Bay Ln, Palmetto, FL 34221
      View Details
    • $110,000
      0.11 Acres

      Waterfront Lot in Resident-Owned Community

      Cleared waterfront lot in 55+ resident-owned community with marina access.
      314 Bahama Dr, Palmetto, FL 34221
      View Details
    • $530,000
      Pending

      Land with Development Potential

      Land with potential water views and development opportunities.
      336 W 10Th Ave, Palmetto, FL 34221
      View Details
    • $87,000

      Turnkey Park Model in Palmetto

      Move-in ready park model in 55+ waterfront community.
      53 Montego Dr, Palmetto, FL 34221
      View Details

    Similar Nearby for Sale

    • $1,500,000
      3,946 SF

      Equestrian Center with 20-Stall Barn

      4.9-acre Palmetto horse ranch with Mediterranean home and guest cabin.
      9510 36Th Ave E, Palmetto, FL 34221
      View Details
    • $720,000
      11.52 Acres

      Palmetto Vacant Land Opportunity

      11.52-acre parcel in North Manatee County, zoned for agriculture.
      12870 Grass Farm Rd, Palmetto, FL 34221
      View Details
    • $1,628,000
      3.42 Acres

      Palmetto Development Land

      3.42 Acres, 22-Unit Potential
      0 Terra Ceia Bay Ln, Palmetto, FL 34221
      View Details
    • $530,000
      Pending

      Land with Development Potential

      Land with potential water views and development opportunities.
      336 W 10Th Ave, Palmetto, FL 34221
      View Details
    • $110,000
      0.11 Acres

      Waterfront Lot in Resident-Owned Community

      Cleared waterfront lot in 55+ resident-owned community with marina access.
      314 Bahama Dr, Palmetto, FL 34221
      View Details
    • $87,000

      Turnkey Park Model in Palmetto

      Move-in ready park model in 55+ waterfront community.
      53 Montego Dr, Palmetto, FL 34221
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      1,600 SF

      Palmetto Industrial Land with Canopy

      Industrial land with canopy and modular office for lease.
      1908 13Th St E, Palmetto, FL 34221
      View Details
    • $25 SF/Yr
      4,400 SF

      Palmetto Retail Space For Lease

      Prime location, high traffic, 4,400 sq ft.
      1210 10Th St, Palmetto, FL 34221
      View Details
    • $18 SF/Yr
      3,450 SF

      Palmetto Office Space Sublease Available

      Modern Office Suite, 3450 sq ft, Immediate Occupancy
      2510 51St Ave, Palmetto, FL 34221
      View Details
    • $4,000 /Mo
      1,206 SF

      Modern Office Suite on US-41

      Turnkey 1,206 sq ft office suite in Palmetto, Florida.
      10305 Us Highway 41 N, Palmetto, FL 34221
      View Details
    • $18 SF/Yr
      2,640 SF

      Stand Alone Building For Lease

      Stand-alone building suitable for office, medical, or retail use.
      1331 10Th St E, Palmetto, FL 34221
      View Details
    • $14 SF/Yr
      5,375 SF

      Palmetto Office Space For Rent

      Highly desirable office space in downtown Palmetto with ample parking.
      410 8Th Ave W, Palmetto, FL 34221
      View Details
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    3002 16Th Ave E
    Palmetto, FL 34221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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