Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,475,000
Office buildings
12312 Manatee W Ave Bradenton, FL 34209-3012
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-8019798
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2018
Total area
30,225 SF
Lot
13.35 ac (581,352 SF)
Zoning code
BR_PDP
APN
73632.4320-9
UPID
US18-8019798
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
-
Coastline Dolphin & Snorkeling Excursions (Bike/Boat/Book/etc) Store
-
Safe Harbor Pier 77 Boat Ramp Boat Storage Facility
-
Niche Fishing Charters, LLC Tour Operator Travel Agency
-
AMI Yacht Adventures (Bike/Boat/Book/etc) Store
-
SailingAMI (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.10M
Comparable Approach
Comparable
$8.24M
Blend (final)
Blend
$7.48M
Owner & transaction history
SHM 77 LLC
SHM 77 LLC
Zoning & alternative use
BR_PDP · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$8,775,000
6.5%
$8,100,000
7%
$7,520,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,740,000
Current use
RETAIL STORES
$9,045,000
Change: -16% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,015,000
Change: -16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,885,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$7.48M
Range $6.73M – $8.22M · ±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
$247 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$117,935
Tax year 2023
Assessed value
$6,250,000
Assessed 2023
Previous assessed
$6,250,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,006,360
Assessed improvement
$5,243,640
Land market value
$1,006,360
Improvement market value
$5,243,640
Total market value
$6,250,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
30,225 SF
Lot
13.35 ac (581,352 SF)
Zoning code
BR_PDP
APN
73632.4320-9
UPID
US18-8019798
Jurisdiction
MANATEE
Zoning & alternative use
BR_PDP · Bradenton, FL
Zoning BR_PDP · permitted uses
BR_PDP · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bradenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.7M
RETAIL STORES
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$9.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.9M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2018
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
13.35 ac
Current owner
From public records · entity-resolved
SHM 77 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
14785 PRESTON RD STE #975, DALLAS, TX 75254-6878
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12312 Manatee W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
