4524 14Th StBradenton, FL 34207

Property Details for 4524 14Th St

Year built

1960

Lot size

0.19 AC

Property size (Sq ft)

3,104 SF

Zone code

HC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

53971.0000-8

APU

5397100008

Description

This freestanding, 3,104 sq ft retail building is situated on a high-traffic section of US 41 in Bradenton, FL, boasting approximately 47,000 vehicles daily. The property sits on 0.6 acres, providing ample parking and a prominent pylon sign for exceptional visibility. The building features a mostly open interior layout, two restrooms, and double back doors for convenient loading and unloading. Its HC zoning allows for a wide range of uses, including restaurants, retail, medical, and more. The property's location is surrounded by established businesses such as Longhorn Steakhouse, Mission BBQ, and Olive Garden, ensuring high foot traffic and brand recognition. An additional 1+ acre adjacent lot is potentially available for lease, offering further expansion opportunities. The asking rate includes the main building and 0.6 acres; the adjacent lot is available at an additional cost. Common area maintenance (CAM), including property taxes and insurance, is $7.00 per square foot. All zoning and use approvals should be verified with the local building and zoning department.

• CAP approach

  CAP return

  Valuation

  6%

  $1,080,535

  6.5%

  $997,417

  7%

  $926,173

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,468,615

  Geo Method

  $1,428,546

• Alternative Use

  Use

  Valuation

  Residential

  $841,359

  Hospitality

  $770,680

  Educational

  $641,197

  Medical

  $663,249

  Retail

  $997,417

Location Insight

City

Bradenton

County

Manatee

State

Florida

Latitude

27.4598

Longitude

-82.5757

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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