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Property profile & analytics
OFF-MARKET
Estimated value
$5,295,000
Warehouses
115 Manatee W Ave Bradenton, FL 34205-8811
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7639767
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2021
Total area
58,103 SF
Lot
1.35 ac (58,850 SF)
Zoning code
BR_FBC,BR_T5
APN
32524.0015-9
UPID
US18-7639767
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Lock Up Self Storage Storage Facility
-
Side Street Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.30M
Owner & transaction history
State Of Florida Department Of Tran · 5 yrs held
State Of Florida Department Of Tran
since 2021
7 recorded transactions
Zoning & alternative use
BR_FBC,BR_T5 · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.5M
+7.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bradenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bradenton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,945,000
Current use
INDUSTRIAL (GENERAL)
$8,520,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$5.30M
Range $4.77M – $5.82M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$57,893
Tax year 2022
Assessed value
$6,365,415
Assessed 2023
Previous assessed
$6,365,415
+0.0% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,067,739
Assessed improvement
$5,297,676
Land market value
$1,067,739
Improvement market value
$5,297,676
Total market value
$6,365,415
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Heating
NONE
Stories
3
Units
1
Total area
58,103 SF
Lot
1.35 ac (58,850 SF)
Zoning code
BR_FBC,BR_T5
APN
32524.0015-9
UPID
US18-7639767
Jurisdiction
MANATEE
Zoning & alternative use
BR_FBC,BR_T5 · Bradenton, FLZoning BR_FBC,BR_T5 · permitted uses
BR_FBC,BR_T5 · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.9M
INDUSTRIAL (GENERAL)
Est. value
$8.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
3
Units
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
State Of Florida Department Of Tran
Entity
Free & Clear · 5 yrs held
Mailing address
800 W FRONTAGE RD, NORTHFIELD, IL 60093-1205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2021
—
State Of Florida Department Of Tran
Lock Up Bradenton LLC
Warranty Deed
—
May 22, 2020
—
Lock Up Bradenton LLC
—
Deed Of Trust
related
$8,000,000 · Fifth Third Bk NA
Jul 3, 2017
—
Bradenton 14 LLC
—
Deed
related
$1,053,284 · Bank Of The Ozarks
May 23, 2016
—
Bradenton 14 LLC
—
Deed
related
—
Jan 21, 2014
$1,400,000
Bradenton 14 LLC
School Board Of Manatee Cnty Flor
Grant Deed
—
Jan 10, 2005
—
School Board Of Manatee Cnty Flor
Manatee East Corp
Quit Claim Deed
related
—
—
—
Bradenton 14 LLC
—
Loan Modification
related
—
—
—
Bradenton 14 LLC
—
Loan Modification
related
$1,053,284 · Bank Of The Ozarks
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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