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11524 31st Ter E, Palmetto, FL 11524 31st Ter E 8,680 SF Industrial Building Palmetto, FL 34221 $2,676,336 CAD ($308.33 CAD/SF) 5.50% Cap Rate
Investment 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
Executive Summary
- +/- 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
- 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
Data Room Click Here to Access
Property Facts
| Price | $2,676,336 CAD | Lot Size | 1.73 AC |
| Price Per SF | $308.33 CAD | Rentable Building Area | 8,680 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.50% | Year Built | 2024 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 14’ |
| Zoning | PDEZ - Planned Development Encouragement Zone | ||
| Price | $2,676,336 CAD |
| Price Per SF | $308.33 CAD |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 1.73 AC |
| Rentable Building Area | 8,680 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| Zoning | PDEZ - Planned Development Encouragement Zone |
Amenities
- Fenced Lot
- Storage Space
- Air Conditioning
- Breakroom
Utilities
- Lighting
- Water
- Sewer
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- McShea Contracting, LLC
- Services
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| McShea Contracting, LLC | Services | 99,999 SF | - | Jan 0000 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 6032-0115-9 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,222,377 CAD |
Property Taxes
Parcel Number
6032-0115-9
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,222,377 CAD
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11524 31st Ter E, Palmetto, FL | 11524 31st Ter E
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