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Property profile & analytics
OFF-MARKET
Assisted living facilities
1500 4th W Ave, Bradenton, FL 34205-5915
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-2986964
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1918
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,454 SF
Lot
1 ac (43,560 SF)
Zoning code
BR_FBC,BR_T4-O
APN
33409.1005-2
UPID
US18-2986964
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
-
Advocates Inc Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Presbyterian Retirement Cmntys · 11 yrs held
Presbyterian Retirement Cmntys
since 2015
4 recorded transactions
Zoning & alternative use
BR_FBC,BR_T4-O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,851
Tax year 2023
Assessed value
$867,978
Assessed 2023
Previous assessed
$817,916
+6.1% YoY
Effective rate
1.83%
On assessed value
Assessed land
$455,260
Assessed improvement
$412,718
Land market value
$455,260
Improvement market value
$412,718
Total market value
$867,978
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1918
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Rooms
5
Bathrooms
3
Total area
4,454 SF
Lot
1 ac (43,560 SF)
Zoning code
BR_FBC,BR_T4-O
APN
33409.1005-2
UPID
US18-2986964
Jurisdiction
MANATEE
Zoning & alternative use
BR_FBC,BR_T4-O · Bradenton, FL
Zoning BR_FBC,BR_T4-O · permitted uses
BR_FBC,BR_T4-O · 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.
Building & site characteristics
From public records
Year built
1918
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Rooms
5
Bathrooms
3
Lot
1 ac
Current owner
From public records · entity-resolved
Presbyterian Retirement Cmntys
Individual
Mailing address
80 W LUCERNE CIR, ORLANDO, FL 32801-3779
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2016
—
Presbyterian Retirement Cmntys
—
Deed
related
$1,000,000,000 · Us Bk
May 8, 2015
$622,500
Presbyterian Retirement Cmntys
Stewart Terry
Warranty Deed
—
—
—
Terry L Stewart
—
Deed Of Trust
related
$396,500 · Community Bank Of Manatee
—
—
Presbyterian Retirement Cmntys
—
Deed Of Trust
related
$1,000,000,000 · Us Bk
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.
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