4800 Manatee AveBradenton, FL 34209

Property Details for 4800 Manatee Ave

Year built

1949

Construction

TYPE NOT SPECIFIED

Lot size

0.22 AC

Property size (Sq ft)

1,923 SF

Zone code

GC

Property type

Office properties

Property subtype

Office buildings

APN

36007.0000-3

APU

3600700003

Description

This exceptional single-tenant office building, located at 4800 Manatee Avenue West in Bradenton, Florida, presents a unique investment opportunity. The property boasts a substantial 2,088 square feet of vacant space, ideal for a variety of businesses. Situated on a generous 21-acre lot (9,439 square feet), this property enjoys a prime corner location at the intersection of 48th Street and Manatee Avenue West, directly on Route 64. High visibility is assured with an estimated 44,000 vehicles passing daily. The building is well-maintained, featuring a new roof installed in 2006 and a new HVAC system installed in 2015. The property is zoned GC - General Commercial, offering flexibility for various uses. This is a rare opportunity to acquire a well-located, move-in ready office space in a thriving Bradenton commercial area. The property's size and location make it an attractive option for businesses seeking high visibility and convenient access. The building's recent upgrades ensure efficient and comfortable operation. The expansive lot provides ample space for parking and potential future expansion. This property is ready for immediate occupancy. The zip code is 34209.

• CAP approach

  CAP return

  Valuation

  6%

  $455,386

  6.5%

  $420,356

  7%

  $390,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $361,048

  Geo Method

  $351,198

• Alternative Use

  Use

  Valuation

  Residential

  $521,241

  Hospitality

  $477,454

  Educational

  $397,236

  Medical

  $410,898

  Retail

  $617,923

Location Insight

City

Bradenton

County

Manatee

State

Florida

Latitude

27.4962

Longitude

-82.6094

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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