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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Flex space
2312 58th E Ave Bradenton, FL 34203-5064
Trust Owned
6-yr Hold
Free & Clear
Property ID
US18-8099877
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2000
Total area
24,695 SF
Lot
1.6 ac (69,870 SF)
Zoning code
LM
APN
18469.0121-9
UPID
US18-8099877
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
-
Key Glass, Inc. General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.20M
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$3.04M
Owner & transaction history
Burkhart Family Trust · 6 yrs held
Burkhart Family Trust
since 2019
2 recorded transactions
Zoning & alternative use
LM · 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%
$3,465,000
6.5%
$3,195,000
7%
$2,970,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,390,000
Current use
WAREHOUSE, STORAGE
$3,380,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±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
$123 / 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
$32,309
Tax year 2023
Assessed value
$1,829,867
Assessed 2023
Previous assessed
$1,640,105
+11.6% YoY
Effective rate
1.77%
On assessed value
Assessed land
$254,720
Assessed improvement
$1,575,147
Land market value
$254,720
Improvement market value
$1,575,147
Total market value
$1,829,867
Applied tax rate
303.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Units
1
Total area
24,695 SF
Lot
1.6 ac (69,870 SF)
Zoning code
LM
APN
18469.0121-9
UPID
US18-8099877
Jurisdiction
MANATEE
Zoning & alternative use
LM · Bradenton, FL
Zoning LM · permitted uses
LM · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.4M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2000
Heating
NONE
Stories
1
Units
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Burkhart Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
2312 58TH AVE E, BRADENTON, FL 34203-5064
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Aug 9, 2019
—
Burkhart Family Trust
Burkhart Gregory M Trus
Quit Claim Deed
related
—
Aug 16, 2016
—
Burkhart,gregory M Trust
Burkhart,gregory M & Sheril S
Quit Claim Deed
related
$6,726,800 · Suntrust 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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