Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4016 Cortez Rd Bradenton, FL 34210

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4016 Cortez Rd Bradenton, FL 34210

    View on Map
    • Commercial real estate
    • 675 SF
    • 0.02 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cortez Dental / Dental Office
    • Dr. Susan Sheahan, DMD / Dental Office
    • Lucy Dana M DDS / Dental Office
    • Horace Mann Insurance Co / Insurance Agency
    • Palmetto Law, P.A.; Landlord Eviction Attorney / Law Firm

    Property Details for 4016 Cortez Rd

    Year built
    1985
    Lot size
    0.02 lot acres
    Property size
    675 SF
    Property type
    Commercial real estate

    Description

    This 675-square-foot condo-office, located at 4016 Cortez Road W Unit 1201, Bradenton, Florida, presents a fantastic opportunity for a variety of businesses. Situated on the heavily trafficked State Road 684, this property benefits from high visibility and convenient access to shopping, dining, and entertainment options. The unit itself features three private offices, a reception area, a bathroom, ample storage space, and a kitchenette. Recently updated with new ceramic tile, the space is move-in ready. Previously used as a retail jewelry store and later converted into a professional office, the versatile layout lends itself to numerous possibilities, including but not limited to spa or beauty salon uses. The property includes extra parking, a significant advantage in this high-traffic area. The 0.02-acre lot is part of the Village On Cortez condominium association. Prospective buyers are strongly encouraged to independently verify all information provided, including permitted uses, with the condominium association and the city of Bradenton. The seller makes no guarantees regarding the property's suitability for any specific use. Buyers are responsible for conducting their own due diligence and confirming all data.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6011
    Latitude
    27.4628

    Comparable in this City

    • Value Estimation by Request
      10.76 Acres

      57th Ave W Dr

      COMMERCIAL (GENERAL) • 10.76 Acres
      57th Ave W Dr, Bradenton, FL 34210
      View Details
    • Value Estimation by Request
      100,000 SF

      3639 Cortez Rd

      Medical Office Space • 100,000 SF
      3639 Cortez Rd, Bradenton, FL 34210
      View Details
    • Value Estimation by Request
      670 SF

      4016 Cortez Rd W Ste, Unit 1102

      CONDOMINIUM OFFICES • 670 SF
      4016 Cortez Rd W Ste, Bradenton, FL 34210-3117
      View Details
    • Value Estimation by Request
      610 SF

      4016 Cortez Rd W Ste, Unit 1103

      CONDOMINIUM OFFICES • 610 SF
      4016 Cortez Rd W Ste, Bradenton, FL 34210-3117
      View Details
    • Value Estimation by Request
      499 SF

      4012 Cortez Rd W Ste, Unit 2203

      CONDOMINIUM OFFICES • 499 SF
      4012 Cortez Rd W Ste, Bradenton, FL 34210-3116
      View Details
    • Value Estimation by Request
      6,168 SF

      5410 34th W St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 6,168 SF
      5410 34th W St, Bradenton, FL 34210-3437
      View Details

    Similar Nearby for Sale

    • $120,000
      592 SF

      Office Space in Bradenton, FL

      Office space in a high-traffic area near amenities.
      4012 Cortez Rd Rd W, Bradenton, FL 34210
      View Details
    • $775,000

      Auto Repair Business Opportunity

      Auto repair business in high-visibility location near Anna Maria Island.
      10205 Cortez Rd W, Bradenton, FL 34210
      View Details
    • Contact for pricing
      1 SF

      Prime Corner Location on Cortez

      High-visibility commercial land on a major corridor near beaches.
      10601-10611 Cortez Rd W, Bradenton, FL 34210
      View Details
    • $145,000
      0.04 Acres

      Vacant Lot in Paradise Bay

      Vacant lot in active 55+ community near Anna Maria Island.
      10315 Cortez Rd W, Bradenton, FL 34210
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Cortez Road

      Retail space in high-traffic area near major developments.
      5210 Cortez Rd W, Bradenton, FL 34210
      View Details
    • Contact for pricing
      800 SF

      Grocery Anchored Retail Center

      Retail spaces available in grocery-anchored center at a major intersection.
      5502-5726 W Cortez Rd, Bradenton, FL 34210
      View Details
    • Contact for pricing

      Freestanding Office Building For Lease

      6,684 sq ft office building in Wildewood Springs.
      3701 Cortez Rd W, Bradenton, FL 34210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4016 Cortez Rd
    Bradenton, FL 34210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!