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Property profile & analytics
OFF-MARKET
Estimated value
$6,780,000
Warehouses
2615 Cortez W Rd Bradenton, FL 34207-1162
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2155566
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,434 SF
Lot
5.53 ac (240,887 SF)
Zoning code
RSMH-6
APN
52166.0000-6
UPID
US18-2155566
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
-
⚠️O̸m̸a̸r̸ S҉t҉o҉r҉m҉ C҉h҉a҉s҉e҉r҉ h҉o҉u҉s҉e҉⚠️🌪 Television Studio Radio Station
-
Tienda nancy cifuentes atomy (Bike/Boat/Book/etc) Store Pharmacy
-
Orange Grove LLC Campground & RV Park
-
T&E Roofing LLC Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.78M
Owner & transaction history
Gvi Gc Bradenton Orange Grove Owner · 4 yrs held
Gvi Gc Bradenton Orange Grove Owner
since 2022
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
RSMH-6 · 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
$6,105,000
ML approach
$5,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.78M
Range $6.10M – $7.46M · ±10% · vs last sale $7.55M (Mar 22 2022)
Last sale anchor
$7.55M
Mar 22 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
$4,728 / 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
$93,055
Tax year 2023
Assessed value
$4,421,786
Assessed 2023
Previous assessed
$3,466,951
+27.5% YoY
Effective rate
2.10%
On assessed value
Assessed land
$517,055
Assessed improvement
$3,904,731
Land market value
$517,055
Improvement market value
$3,904,731
Total market value
$4,421,786
Applied tax rate
302.0000
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
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
101
Rooms
3
Bathrooms
1
Total area
1,434 SF
Lot
5.53 ac (240,887 SF)
Zoning code
RSMH-6
APN
52166.0000-6
UPID
US18-2155566
Jurisdiction
MANATEE
Zoning & alternative use
RSMH-6 · Bradenton, FL
Zoning RSMH-6 · permitted uses
RSMH-6 · 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
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
101
Rooms
3
Bathrooms
1
Lot
5.53 ac
Current owner
From public records · entity-resolved
Gvi Gc Bradenton Orange Grove Owner
Individual
Mailing address
426 E 4TH ST, ROYAL OAK, MI 48067-2757
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
Gvigc Bradenton Wayside Glen Owner
—
Deed
related
$83,965,700 · Bank Of America NA
Mar 22, 2022
$7,550,000
Gvi Gc Bradenton Orange Grove Owner
Orange Mhp LLC
Warranty Deed
—
Dec 28, 2020
—
Orange Mhp LLC
Orange Grove LLC
Quit Claim Deed
related
—
Jul 13, 2020
—
Orange Grove LLC
—
Deed
related
$1,885,000 · Gulfside Bk
Jan 18, 2007
—
Orange Grove LLC
First Fidelity Realty Group Ll
Warranty Deed
—
Mar 31, 2006
$2,900,000
First Fidelity Realty Group Ll
Perico Island INC
Warranty Deed
$2,400,000 · Perico Island INC
Oct 31, 2001
$945,000
Perico Island INC
Orange Grove Trailer Park Ltd
Grant Deed
$725,000 · Horizon Bank
—
—
Orange Grove LLC
—
Deed Of Trust
related
$1,885,000 · Gulfside Bk
—
—
Orange Grove LLC
—
Deed Of Trust
related
$2,500,000 · Lasalle National Bank
—
—
Perico Island INC
—
Deed Of Trust
related
$300,000 · Coast Bank Of Florida
—
—
Perico Island INC
—
Deed Of Trust
related
$983,000 · Horizon Bank
—
—
Perico Island INC
—
Deed Of Trust
related
$983,000 · Southtrust Bank NA
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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