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Property profile & analytics
FOR SALE
Grocery and convenience stores
15209 Garnet Trl Bradenton, FL 34211
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-9595541
For Sale
1 / 2
Contact for pricing
15209 Garnet Trl, Bradenton, FL 34211
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2022
Total area
8,877 SF
Lot
1.38 ac (59,939 SF)
Zoning code
PD-MU
APN
5822.0310-9
UPID
US18-9595541
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.56M
Blend (final)
Blend
$4.05M
Owner & transaction history
P & D Investments IV LLC · 3 yrs held
P & D Investments IV LLC
since 2022
Last sale
$4.6M
2 recorded transactions
Zoning & alternative use
PD-MU · 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
$3,720,000
ML approach
$3,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,655,000
Current use
AUTO REPAIR, GARAGE
$2,650,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,610,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.05M
Range $3.64M – $4.45M · ±10% · vs last sale $4.60M (Dec 1 2022)
Last sale anchor
$4.60M
Dec 1 2022
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
$456 / 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
$26,380
Tax year 2023
Assessed value
$1,613,228
Assessed 2023
Previous assessed
$769,447
+109.7% YoY
Effective rate
1.64%
On assessed value
Assessed land
$883,396
Assessed improvement
$729,832
Land market value
$883,396
Improvement market value
$729,832
Total market value
$1,613,228
Applied tax rate
310.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
2022
Stories
1
Units
1
Total area
8,877 SF
Lot
1.38 ac (59,939 SF)
Zoning code
PD-MU
APN
5822.0310-9
UPID
US18-9595541
Jurisdiction
MANATEE
Zoning & alternative use
PD-MU · Bradenton, FLZoning PD-MU · permitted uses
PD-MU · 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
RETAIL STORES Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RETAIL STORES Current
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
2022
Stories
1
Units
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
P & D Investments IV LLC
Entity
Mailing address
1203 BAY DR, BELLEAIR BEACH, FL 33786-3317
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
$4,600,000
P & D Investments IV LLC
Bc Lakewood LLC
Special Warranty Deed
$2,668,000 · Td Bank NA
Mar 19, 2021
$954,000
Bc Lakewood LLC
Luther Wayne Cave
Special Warranty Deed
$2,375,000 · Iberiabank
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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