Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5110 Lena Rd Bradenton, FL 34211-9514

    • Flex space
    • 22,659 SF
    • 7.94 lot acres
    OFF-MARKET
    Value Estimations
    $3,465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0221001
    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

    • RSP USA INC / Advertising Agency / Marketing & Advertising

    Property Details for 5110 Lena Rd

    Year built
    2019
    Lot size
    7.94 lot acres
    Property size
    22,659 SF
    Zone code
    PD-I
    Property type
    Flex space
    APN
    17308.5140-9
    APU
    1730851409

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,175,000
      6.5%
      $2,935,000
      7%
      $2,725,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,429,000
      Market price range: $2.83M - $4.73M
      AI Estimate
      $4,032,000
      Market price range: $3.07M - $5.07M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,225,000
      Current use
      OFFICE BUILDING
      $5,655,000
      Change: +75% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,365,000
      Change: +66% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,100,000
      Change: -4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.4575
    Latitude
    27.4493
    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
    $43,606
    $479,793
    $2,531,599
    $3,011,392
    -
    $479,793
    $2,531,599
    $3,011,392

    Comparable in this City

    • Value Estimation by Request
      15,113 SF

      3103 81St Ct

      Manufacturing properties • 15,113 SF
      3103 81St Ct, Bradenton, FL 34211
      View Details
    • Value Estimation
      $1,560,000
      9,000 SF

      10414 Technology Ter

      LIGHT INDUSTRIAL • 9,000 SF
      10414 Technology Ter, Bradenton, FL 34211-4926
      View Details
    • Value Estimation
      $1,055,000
      7,997 SF

      5315 Lena Rd

      LIGHT INDUSTRIAL • 7,997 SF
      5315 Lena Rd, Bradenton, FL 34211-9442
      View Details
    • Value Estimation by Request
      60,815 SF

      3165 Lakewood Ranch Blvd

      Flex space • 60,815 SF
      3165 Lakewood Ranch Blvd, Bradenton, FL 34211
      View Details
    • Value Estimation
      $2,995,000
      32,352 SF

      10420 Portal Xing

      DISTRIBUTION WAREHOUSE • 32,352 SF
      10420 Portal Xing, Bradenton, FL 34211-5116
      View Details
    • Value Estimation by Request
      1,200 SF

      10520 Portal Xing Ste, Unit 109

      CONDOMINIUMS (INDUSTRIAL) • 1,200 SF
      10520 Portal Xing Ste, Bradenton, FL 34211-4912
      View Details

    Similar Nearby for Sale

    • $625,000
      2,016 SF

      Corner Flex Space in Bradenton

      New construction flex space in a high-growth area.
      4224 Solutions Ln, Bradenton, FL 34211
      View Details
    • $615,000
      Pending

      New Flex Space Building

      Under construction flex space with fully air-conditioned units.
      10604 Technology Ter, Bradenton, FL 34211
      View Details
    • $850,000
      4.96 Acres

      Manicured Land with Fruit Trees

      Pristine 5-acre property with diverse fruit trees and utilities.
      21910 Taylor Dr, Bradenton, FL 34211
      View Details
    • $3,995,000

      Mixed-Use Property For Sale

      Under construction mixed-use property with commercial zoning, completion May 2025.
      11125 Corridor Pl, Bradenton, FL 34211
      View Details
    • $1,000,000
      10.12 Acres

      Bradenton Land with Pond

      Scenic 10.12-acre parcel ready for construction near Panther Ridge.
      6506 County Road 675 E, Bradenton, FL 34211
      View Details
    • Contact for pricing
      8,820 SF

      Modern Auto Service Facility

      New construction auto service facility with long-term NNN lease.
      15209 Garnet Trl, Bradenton, FL 34211
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office/Warehouse Space Available for Lease

      Office and warehouse space with advanced security features.
      10530 Portal Xing, Bradenton, FL 34211
      View Details
    • Contact for pricing

      Bradenton Flex Space For Rent

      Flex space suitable for call center, production, or training facility.
      4724 Lena Rd, Bradenton, FL 34211
      View Details
    • $15 SF/Yr
      14,000 SF

      Bradenton Warehouse with Expansion Potential

      14,000 SF warehouse with expansion and outside storage.
      4816 Lena Rd, Bradenton, FL 34211
      View Details
    • $15 SF/Yr
      8,250 SF

      Warehouse Space Near Lakewood Ranch

      Warehouse with office space in Sandalwood Business Park.
      5010 Lena Rd, Bradenton, FL 34211
      View Details
    • $2,410 /Mo
      1,560 SF

      Bradenton Industrial Space For Lease

      Industrial unit near I-75 and SR 70 in Bradenton, FL.
      4803 Lena Rd, Bradenton, FL 34211
      View Details
    • $15 SF/Yr
      9,000 SF

      Warehouse in Sandalwood Business Park

      New warehouse space available for lease in Bradenton, Florida.
      5012 Lena Rd, Bradenton, FL 34211
      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.
    5110 Lena Rd
    Bradenton, FL 34211-9514
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!