Palmetto, FL
Commercial Real Estate Market Trends & Data

$651 Avg asking sale price
$2,612 Avg asking lease rate
47,400 SF Avg unit lease size
49,295 SF Avg building size for sale
6.67% Average cap rate

Palmetto's Demographic Profile

Palmetto has 7,138 households and a median income of $52,849, providing context for rent absorption and tenant demand across retail and multifamily assets. A +18% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 17,918
# Households 7,138
Median age 47
Median household income $52,849
Avg household size 2.0
Renter-occupied housing units 2,264
5-year population change +18%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Palmetto, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Palmetto $225 52,274 SF 6.75%
Ellenton $348 172,210 SF 6.51%
Bradenton $300 35,378 SF 8.30%
Ruskin $553 4,276 SF 6.15%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Palmetto $234 73,656 SF 5.50%
Bradenton $318 37,218 SF 9.96%
Lakewood Ranch $264 50,190 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Palmetto $220 33,818 SF
Terra Ceia $392 6,375 SF
Ellenton $249 63,300 SF
Bradenton $452 13,130 SF
Ruskin $949 5,262 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Palmetto $181 16,510 SF 8.50%
Bradenton $311 29,156 SF 9.00%
Longboat Key $1,696 372 SF 10.83%
Saint Petersburg $537 11,197 SF 8.67%

Commercial Properties For Sale in Palmetto

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Palmetto Storage - Passive Investment Only

Palmetto, FL 34221

  • 45,000 SF Specialty
  • Price Upon Request
For Sale

Napa Portfolio

  • Retail Building
  • 6.93% Cap Rate
  • $15,789,854
For Sale

US 19 Commercial

Palmetto, FL 34221

  • 0.69 AC Lot
  • 1 Commercial Lot
  • $548,000
For Sale

2102 17th St E

Palmetto, FL 34221

  • 5.50 AC Lot
  • 1 Industrial Lot
  • $4,500,000
For Sale

15.4 ac for 300 Live Local Apts in Manatee

Palmetto, FL 34221

  • 15.40 AC Lot
  • 1 Commercial Lot
  • $8,950,000
For Sale

Regatta Royale Apartments

Palmetto, FL

  • $4,650,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Palmetto pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Palmetto $651 49,295 SF
Terra Ceia $3,318 648 SF
Ellenton $385 64,285 SF
Bradenton $382 29,679 SF

Regional Demographic Comparison

This comparison places Palmetto alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Palmetto or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Palmetto 17,918 7,138 47 $52,849 2 2,264 18%
Ellenton 4,680 1,900 45 $62,000 2 505 17%
Bradenton 63,615 27,598 47 $54,915 2 12,319 15%
Cortez 5,009 2,677 67 $74,719 2 541 17%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Palmetto, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Palmetto

View All Commercial Real Estate For Sale in Palmetto
Is Palmetto a good market for a first-time commercial real estate investor?

Palmetto offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Palmetto?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Palmetto. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Palmetto?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Palmetto. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Palmetto compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Palmetto. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Palmetto acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Palmetto, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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