REDEVELOPMENT CORNER, COMMERCIAL ZONING | 2920 15th St
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REDEVELOPMENT CORNER, COMMERCIAL ZONING 2920 15th St
3,180 SF Retail Building Bradenton, FL 34208 $1,495,000 ($470/SF)
Investment Highlights
- HIGH TRAFFIC COUNT
- GREAT ACCESS TO MAJOR ROADS
- Great Visibility
Executive Summary
SALE INCLUDES FIVE PARCELS, WITH THREE THAT FRONT ON 15TH STREET EAST THAT ARE ZONED GENERAL COMMERCIAL (GC). ALLOWABLE USES INCLUDE MINI (SELF) STORAGE, PET RESORT, VETERINARY CLINIC, ALCOHOLIC BEVERAGE, BUILDING MATERIALS, DRIVER THROUGH, GAS PUMPS, RECREATIONAL VEHICLE SALES & SERVICE, RESTAUARANT, BANK, RETAIL, SERVICE STATION, VEHICLE SALES, SERVICE STATION, CAR WASH, FLEA MARKET, VEHICLE REPAIR, CIVIC, SOCIAL & FRATERNAL, TOWING & STORAGE COMPANY, ADULT DAY CARE, CHILD CARE, CLINIC, OUTDOOR STORAGE, CONSTRUCTION EQUIPMENT, LODGING, REPAIRS SERVICES, SOME MULTI-FAMILY USES, ETC. PRICE SUPPORTED BY SALE COMPS IN THE AREA. AN ADDITIONAL 15,394 SF OF ADJACENT LAND AVAILABLE.
Financial Summary (Pro forma - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$78,000
|
$24.53
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$78,000
|
$24.53
|
| Taxes |
$5,150
|
$1.62
|
| Operating Expenses |
$7,800
|
$2.45
|
| Total Expenses |
$12,950
|
$4.07
|
| Net Operating Income |
$65,050
|
$20.46
|
Financial Summary (Pro forma - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $78,000 |
| Annual Per SF | $24.53 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $78,000 |
| Annual Per SF | $24.53 |
| Taxes | |
|---|---|
| Annual | $5,150 |
| Annual Per SF | $1.62 |
| Operating Expenses | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $2.45 |
| Total Expenses | |
|---|---|
| Annual | $12,950 |
| Annual Per SF | $4.07 |
| Net Operating Income | |
|---|---|
| Annual | $65,050 |
| Annual Per SF | $20.46 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,180 SF
Building Class
C
Year Built
1952
Price
$1,495,000
Price Per SF
$470
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.06
Land Acres
1.20 AC
Zoning
General Commercial - GENERAL COMMERCIAL, RDD6
Parking
8 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
270 FT on 15th St
PROPERTY TAXES
| Parcel Number | 47003-0000-9 | Total Assessment | $179,424 (2023) |
| Land Assessment | $57,200 (2023) | Annual Taxes | $5,150 ($1.62/SF) |
| Improvements Assessment | $122,224 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
47003-0000-9
Land Assessment
$57,200 (2023)
Improvements Assessment
$122,224 (2023)
Total Assessment
$179,424 (2023)
Annual Taxes
$5,150 ($1.62/SF)
Tax Year
2022
-
Daniel Douglass -
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REDEVELOPMENT CORNER, COMMERCIAL ZONING | 2920 15th St
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