1127 Manatee AveBradenton, FL 34208

Property Details for 1127 Manatee Ave

Year built

1956

Lot size

0.30 AC

Property size (Sq ft)

1,161 SF

Zone code

BR_FBC,BR_T4-O

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

32064.0000-8

APU

3206400008

Description

This exceptional redevelopment opportunity is located at 1127 Manatee Ave E, Bradenton, FL 34208, a prime corner lot (12,896 sq ft) on State Road 64 in Manatee County. The property, zoned T4-Open, offers 1,161 square feet in a single, one-story building constructed in 1956. Previously used as an auto shop, convenience store, and gas station, this site is ideal for various retail or quick-service restaurant (QSR) ventures. Its location offers high visibility and convenient access to I-75 and area beaches. The property sits near apartments and is within the City CRA District. Environmental reports confirm the removal of existing tanks. The asking price is $649,000. This development-ready site presents a unique chance to capitalize on the dynamic Bradenton market, close to downtown, waterfront views, and major business centers. The property's APN is 3206400008.

• CAP approach

  CAP return

  Valuation

  6%

  $404,156

  6.5%

  $373,067

  7%

  $346,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $549,311

  Geo Method

  $534,324

• Alternative Use

  Use

  Valuation

  Residential

  $314,696

  Hospitality

  $288,260

  Educational

  $239,829

  Medical

  $248,077

  Retail

  $373,067

Location Insight

City

Bradenton

County

Manatee

State

Florida

Latitude

27.4954

Longitude

-82.5508

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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