11524 31st Ter E - Industrial FOR SALE


Palmetto, FL 34221- Palmetto/Ellenton
$1,950,000 USD
813-793-8492
11524 31st Ter E, Palmetto, FL for Sale
$1,950,000 USD
Industrial - FOR SALE
1/17
null | 5.5% Cap Rate

11524 31st Ter E
Palmetto, FL 34221
Palmetto/Ellenton


HIGHLIGHTS

  • Conveniently located near I-75 and US-41 with proximity to Seaport Manatee and FedEx Ground facilities
  • Situated in a growth-oriented trade area with significant population and household increases projected

OVERVIEW

- +/- 1.75 AC - 8,680 SF | 7,780 SF Warehouse, 900 SF Office - Building Features: 20’ Clear Height, Four (4) Overhead Doors, Grade Level 14’h x 12’w - Existing Tenant is McShea Contracting, LLC, a well-established pavement marking and specialty services contractor with over 45 years in business, full tenant overview in OM - Newly constructed building (2024) - Strong demographics: 3-mile population projected to grow from 16,058 (2025) to 21,390 (2030) - Close proximity to Port Manatee, Manatee Airport, FedEx Ground, and active industrial corridor

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11524 31st Ter E, Palmetto, FL

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73

LAND SF

75,403

ZONING

PDEZ

APN/PARCEL ID

6032-0115-9

ASK ABOUT THIS PROPERTY

Brad HuttonFranklin StreetMore Info
813-793-8492

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Brad HuttonFranklin StreetMore Info
813-793-8492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.