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    4312 Manatee W Ave Bradenton, FL 34209-3949

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    4312 Manatee W Ave Bradenton, FL 34209-3949


    • Banks
    • 4,288 SF
    • 1.25 lot acres
    Off-Market
    Last Sale Jan 9, 2025
    $2,600,000
    Property ID
    US18-3101137
    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
    $2,595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Truist - ATM / Atm
    • BB&T Mortgage / Loan Service / Bank
    • Truist / Bank / Loan Service

    Property Details for 4312 Manatee W Ave

    Year built
    1987
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.25 lot acres
    Property size
    4,288 SF
    Zone code
    GC,PR-M
    Property type
    Banks
    APN
    36148.0005-4
    APU
    3614800054

    Description

    This exceptional investment opportunity presents a 4,288 square foot, single-tenant, absolute NNN leased Truist Bank located at 4312 Manatee Ave W, Bradenton, FL 34209. The property sits on a 1.16-acre lot and boasts a prime, signalized hard corner location on Manatee Ave West and 43rd Street West, experiencing high traffic volume of 52,300 vehicles per day. The building, constructed in 1987, benefits from a 20-year lease with a corporate guarantee, currently offering a remaining lease term of approximately 2.7 years. The lease includes attractive 2% annual rent increases during option periods, with a fourth renewal option having been exercised in 2022. One additional 5-year lease option remains. The property's strong financial performance is reflected in its current Net Operating Income (NOI) of $156,143, resulting in a 5.65% cap rate and a price per square foot of $644.59. The asking price is $2,764,000. This strategically located bank is adjacent to the Bradenton Country Club and serves a dense residential area with over 165,085 residents within a five-mile radius, ensuring consistent occupancy and strong future potential. This is a rare opportunity to acquire a stable, high-performing net lease investment with a strong tenant and significant upside. The property is 100% occupied.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,555,000
      ML approach
      $2,625,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,735,000
      Market price range: $859k - $2.55M
    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $1,650,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6043
    Latitude
    27.4962
    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
    $20,982
    $607,739
    $803,460
    $1,411,199
    -
    $607,739
    $803,460
    $1,411,199
    More about this property
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