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2115 9th Street E
Bradenton, FL 34208
Asking Price
$2.35M
Asset Type
Industrial Land
Class
Class B
What's Special
2115 9th Street E, Bradenton, FL 34208 <ul><li>4.08-acre (177,725 SF) vacant infill site</li><li>Strategically positioned on the northeast corner of US Highway 301 and 9th Street East</li><li>Industrial (I) Zoning and Future Land Use</li><li>Existing outdoor advertising (ODA) billboard under long-term lease expiring in 2027</li><li>Stable rental income with upside potential upon lease renegotiation</li><li>Prime last-mile location with rapid access to the US 301/US 41 split</li><li>Suited for 24/7 business operations</li></ul>
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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214
