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    Property profile & analytics

    12518 Cortez W Rd Cortez, FL 34215

    • Grocery and convenience stores
    • 1,560 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Dec 29, 2020
    Location Intelligence
    Property ID
    US18-8324663
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 12518 Cortez W Rd

    Year built
    1950
    Lot size
    0.04 lot acres
    Property size
    1,560 SF
    Zone code
    LM
    Property type
    Grocery and convenience stores
    APN
    76187.0005-9
    APU
    7618700059

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Manatee
    State
    Florida
    Longitude
    -82.6891
    Latitude
    27.4695
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,386
    $112,540
    $129,370
    $241,910
    -
    $112,540
    $129,370
    $241,910

    Comparable in this City

    • Value Estimation
      $370,000
      1,240 SF

      12202 Cortez W Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,240 SF
      12202 Cortez W Rd, Cortez, FL 34215
      View Details
    • Value Estimation
      $1,240,000
      1,974 SF

      12304 Cortez W Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,974 SF
      12304 Cortez W Rd, Cortez, FL 34215
      View Details
    • Value Estimation
      $11,930,000
      1,864 SF

      4301 127th W St

      PARKING LOT • 1,864 SF
      4301 127th W St, Cortez, FL 34215
      View Details
    • Value Estimation
      $11,980,000
      0.65 Acres

      4306 126th W St

      PARKING LOT • 0.65 Acres
      4306 126th W St, Cortez, FL 34215
      View Details
    • Value Estimation by Request

      123rd W St

      CONDOMINIUMS (INDUSTRIAL)
      123rd W St, Cortez, FL 34215
      View Details
    • Value Estimation by Request

      123rd W St

      CONDOMINIUMS (INDUSTRIAL)
      123rd W St, Cortez, FL 34215
      View Details

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    • Contact for pricing
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      0.33 Acres

      Waterfront Lot in Cortez, Florida

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    Cortez, FL 34215
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    Realmo Value Estimation

    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.

    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.

    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
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