Kerry Langman

Founding Partner

I have a well-rounded understanding of our local real estate market.

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BRADENTON

Private Address

Ranch Lake Business Center Jem fully leased centrally located right off ST. Rt. 70 just outside Lakewood Ranch. This 3600 sq. ft. building is a prime location. Very stable investment with long time tenants in place. Current space is a combination of offices and open work spaces, reception area, and multiple bathrooms with two kitchen/brake area's. The condominium association is very stable and and does a wonderful job with the business park. There is ample parking and location provides easy axis for clients to find. This is a excellent investment carrying a current cap rate of 8% with the potential for upside.

Features & Amenities

Interior

Flooring Bamboo, Ceramic Tile, Vinyl
Appliances Dryer, Microwave, Refrigerator, Washer

Exterior

Stories 1
Water Source Public
Utilities Phone Available, Public, Water Connected
ROOF Shingle
Parking Common, Ground Level
Heat Type Central, Heat Pump
Air Conditioning Central Air
Sewer Public Sewer
Substructure Block, Stucco
Security Features Smoke Detector(s)

Area & Lot

Status Sold
LIVING SPACE 3,240 Sq.Ft.
LOT SIZE 0.3 Acres
MLS® ID A4498443
Type Commercial
Year Built 2002

Financial

SALES PRICE $869,000
REAL ESTATE TAXES $7,404/yr
Zoning PDC

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