Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2300 Cortez W Rd Bradenton, FL 34207-1246

    • Warehouses
    • 56,700 SF
    • 2.60 lot acres
    OFF-MARKET
    Value Estimations
    $1,310,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0519485
    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

    • The Home Depot Parking Lot / Parking Lot
    • CubeSmart Self Storage / Moving And Storage Service / Moving Supply Store

    Property Details for 2300 Cortez W Rd

    Year built
    1967
    Lot size
    2.60 lot acres
    Property size
    56,700 SF
    Zone code
    PD-C
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    50585.0015-9
    APU
    5058500159

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $990,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,628,000
      Market price range: $1.56M - $3.25M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.5841
    Latitude
    27.4647
    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
    $74,326
    $567,246
    $4,020,385
    $4,587,631
    -
    $567,246
    $4,020,385
    $4,587,631

    Comparable in this City

    • Value Estimation
      $12,655,000
      38,800 SF

      6424 14th W St

      MINI-WAREHOUSE, STORAGE • 38,800 SF
      6424 14th W St, Bradenton, FL 34207-5329
      View Details
    • Value Estimation
      $630,000
      1,500 SF

      918 Cortez W Rd

      MINI-WAREHOUSE, STORAGE • 1,500 SF
      918 Cortez W Rd, Bradenton, FL 34207
      View Details
    • Value Estimation
      $5,710,000
      3,763 SF

      1102 53rd W Ave

      MINI-WAREHOUSE, STORAGE • 3,763 SF
      1102 53rd W Ave, Bradenton, FL 34207-2857
      View Details
    • Value Estimation
      $1,390,000
      48,874 SF

      1930 Cortez W Rd

      MINI-WAREHOUSE, STORAGE • 48,874 SF
      1930 Cortez W Rd, Bradenton, FL 34207-1338
      View Details
    • Value Estimation
      $2,480,000
      116,682 SF

      6015 26th W St

      MINI-WAREHOUSE, STORAGE • 116,682 SF
      6015 26th W St, Bradenton, FL 34207-4402
      View Details
    • Value Estimation
      $995,000
      74,990 SF

      512 Cortez W Rd

      MINI-WAREHOUSE, STORAGE • 74,990 SF
      512 Cortez W Rd, Bradenton, FL 34207-1546
      View Details

    Similar Nearby for Sale

    • $1,200,000
      7,468 SF

      Restaurant & Bar on Tamiami Trail

      High-exposure commercial property suitable for redevelopment, expansion, or adaptive reuse.
      5131 14Th Street Ct W | Bradenton, Bradenton, FL 34207
      View Details
    • $99,900

      Vacant Lot in Active Community

      Vacant lot ready for your dream home in Bradenton, FL.
      6625 Kansas St, Bradenton, FL 34207
      View Details
    • $565,000
      1,875 SF

      Commercial Duplex in Bradenton, FL

      Well-maintained commercial duplex with flexible space in a prime location.
      4426 5Th St W, Bradenton, FL 34207
      View Details
    • $295,000
      1,520 SF

      Bradenton Office Space: Prime Location

      Versatile Office, High Traffic Area, $295,000
      4810 26Th St, Bradenton, FL 34207
      View Details
    • $8,650,000

      Commercial Land For Sale

      Commercial land available for purchase.
      2704 49Th Ave W, Bradenton, FL 34207
      View Details
    • $150,000

      Land For Sale Bradenton

      Land available for sale in Bradenton, Florida.
      6920 W Byu Ln, Bradenton, FL 34207
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      106,000 SF

      Class A Industrial Space Available

      Class A industrial space for lease in master-planned park.
      4407 24Th St E, Bradenton, FL 34207
      View Details
    • $6,250 /Mo
      5,000 SF

      Bradenton Warehouse with Ample Parking

      5,000 SF warehouse with parking, available Q3 2023.
      6412 14Th St W, Bradenton, FL 34207
      View Details
    • $16 SF/Yr
      12,800 SF

      Warehouse Space with Office Area

      12,800 SF warehouse with 2,300 SF office space.
      4414 28Th St W, Bradenton, FL 34207
      View Details
    • $4,300 /Mo
      2,044 SF

      Turnkey Medical Office in Bradenton

      Freestanding medical office space in a professional center.
      4812 26Th Street Ct West, Bradenton, FL 34207
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near US-41

      Retail space available in Bradenton, anchored by Publix and TJ Maxx.
      6026-6036 W 14Th St, Bradenton, FL 34207
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease near major retailers.
      613 Cortez Rd W, Bradenton, FL 34207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2300 Cortez W Rd
    Bradenton, FL 34207-1246
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.