Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3111 29th E Ave Bradenton, FL 34208-7420
    Property profile & analytics

    3111 29th E Ave, Bradenton, FL 34208-7420

    View on Map
    • Flex space
    • 13,116 SF
    • 0.92 lot acres
    Off-Market
    Property ID
    US18-5156231
    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.
    Value Estimations
    $1,435,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gorman Company / Plumbing Service / Building Supply

    Property Details for 3111 29th E Ave

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    0.92 lot acres
    Zone code
    LM
    Property type
    Flex space
    APN
    15423.0060-1
    APU
    1542300601

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 17, 2006 $975,000 Employees Retirement Plan Of Haj Manatee Religious Service INC Warranty Deed —
    Jul 13, 2000 $450,000 Manatee Religious Svc INC Schaffner,harold P Grant Deed $350k · Coast Bank Of Florida

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,840,000
      6.5%
      $1,700,000
      7%
      $1,575,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,330,000
      Market price range: $1.33M - $3.03M
      AI Estimate
      $1,272,000
      Market price range: $1.11M - $4.59M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,925,000
      Current use
      WAREHOUSE, STORAGE
      $1,795,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.5243
    Latitude
    27.4745
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,968
    $89,378
    $574,575
    $663,953
    -
    $89,378
    $574,575
    $663,953

    Comparable in this City

    • Value Estimation
      $3,940,000
      20,130 SF

      1512 38th E Ave

      LIGHT INDUSTRIAL
      1512 38th E Ave, Bradenton, FL 34208-4652
      View Details
    • Value Estimation
      $2,420,000
      1,650 SF

      3301 51st E St

      LIGHT INDUSTRIAL
      3301 51st E St, Bradenton, FL 34208-6850
      View Details
    • Value Estimation
      $1,160,000
      5,520 SF

      1105 13th E St

      LIGHT INDUSTRIAL
      1105 13th E St, Bradenton, FL 34208
      View Details
    • Value Estimation
      $945,000
      7,600 SF

      3103 29th E Ave

      LIGHT INDUSTRIAL
      3103 29th E Ave, Bradenton, FL 34208-7420
      View Details
    • Value Estimation by Request
      2,934 SF

      1407 26th E Ave

      LIGHT INDUSTRIAL
      1407 26th E Ave, Bradenton, FL 34208-3933
      View Details
    • Value Estimation
      $880,000
      9,600 SF

      3107 29th E Ave

      LIGHT INDUSTRIAL
      3107 29th E Ave, Bradenton, FL 34208-7456
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,500 SF

      Multiuse Unit with Office/Warehouse Space

      Flexible commercial unit with office and warehouse space, I-75 access.
      515 27Th Street Ct, Bradenton, FL 34208
      View Details
    • Contact for pricing
      2,560 SF

      High-Visibility Flex Space Site

      Exceptional flex space with retail frontage near downtown Bradenton.
      1211 1St St W, Bradenton, FL 34208
      View Details
    • $495,728
      1,500 SF

      Mixed-Use Property in Bradenton, FL

      Multiuse unit with office and warehouse space, easy I-75 access.
      515 27Th St E, Bradenton, FL 34208
      View Details
    • Contact for pricing
      16,182 SF

      Three-Building Industrial Investment Opportunity

      Three buildings for sale with leaseback opportunity near I-75.
      310 22Nd St E, Bradenton, FL 34208
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office/Flex Space with Warehouse

      Spacious office/flex space with warehouse in Bradenton, Florida.
      2428 Manatee Ave E, Bradenton, FL 34208
      View Details
    • Contact for pricing
      107,768 SF

      Palmetto Industrial Park - Building 3

      107,768 SF Manufacturing/Warehouse Space
      1110 17 St, Memphis, FL 34208
      View Details
    • Contact for pricing

      Publix Anchored Retail Space

      Retail space for lease in a Publix anchored center.
      4925 Fl-64, Bradenton, FL 34208
      View Details
    • Contact for pricing
      900 SF

      Medical Office Space Near Hospital

      Medical office suites available near Manatee Memorial Hospital in Bradenton.
      201 4Th Ave E, Bradenton, FL 34208
      View Details
    • $29 SF/Yr

      Medical Office Conversion Opportunity

      Convertible office space in high-traffic area near I-75 and Lakewood Ranch.
      4730 State Road 64, Bradenton, FL 34208
      View Details
    • Contact for pricing
      2,000 SF

      Adaptable Commercial Space For Lease

      Prime commercial property in Bradenton, FL, suitable for various businesses.
      862 E 62Nd St, Bradenton, FL 34208
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3111 29th E Ave
    Bradenton, FL 34208-7420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3111 29th E Ave, Bradenton, FL, 34208
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!