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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office Spaces
2840 Manatee E Ave 3, Bradenton, FL 34208-1828
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-8848041
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2003
Construction
CONCRETE
Total area
1,500 SF
Lot
0.03 ac (1,413 SF)
Zoning code
BR_UCC
APN
11584.0040-9
UPID
US18-8848041
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
-
USTCi Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
$400k
Comparable Approach
Comparable
$454k
Blend (final)
Blend
$565k
Owner & transaction history
Us Telecommunications INC · 5 yrs held
Us Telecommunications INC
since 2020
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
BR_UCC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$450,000
+14.0%
Auto repair, garage
$445,000
+13.6%
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
$775,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$400,000
7%
$375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$395,000
Current use
RETAIL STORES
$450,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$445,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$355,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $610k (Jul 9 2020)
Last sale anchor
$610k
Jul 9 2020
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
$377 / 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
$3,965
Tax year 2023
Assessed value
$255,000
Assessed 2023
Previous assessed
$247,500
+3.0% YoY
Effective rate
1.55%
On assessed value
Assessed improvement
$255,000
Improvement market value
$255,000
Total market value
$255,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,500 SF
Lot
0.03 ac (1,413 SF)
Zoning code
BR_UCC
APN
11584.0040-9
UPID
US18-8848041
Jurisdiction
MANATEE
Zoning & alternative use
BR_UCC · Bradenton, FL
Zoning BR_UCC · permitted uses
BR_UCC · 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
OFFICE BUILDING Current
Est. value
$395,000
RETAIL STORES
Est. value
$450,000
AUTO REPAIR, GARAGE
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$355,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2003
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Us Telecommunications INC
Entity
Mailing address
2840 MANATEE AVE E, BRADENTON, FL 34208-1828
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2020
$610,000
Us Telecommunications INC
Diesel Trust LLC
Warranty Deed
$518,500 · Cadence Bank NA
Aug 28, 2019
—
Dieel Trust LLC
—
Deed
related
$1,334,257 · Synovus Bk
Oct 12, 2017
—
Diesel Trust LLC
Switlyk,stephen R
Warranty Deed
related
$765,000 · Synovus Bk
May 5, 2014
$118,000
Stephen R Switlyk
Manatee Gospel Family Ch INC
Warranty Deed
—
May 17, 2010
$110,000
Manatee Gospel Family Church INC
Roger C Morris
Warranty Deed
$82,500 · Grow Financial FCU
Jul 29, 2009
—
Roger C Morris
At Simon LLC Coc
Trustees Deed
related
—
Sep 21, 2007
$285,000
At Simon LLC
Jbarb LLC
Warranty Deed
$225,000 · First Priority Bank
Mar 6, 2007
—
Jbarb LLC
—
Trustees Deed
related
$200,000 · First Priority Bank
Jan 31, 2007
$265,000
Jbarb LLC
Dignitas INC
Warranty Deed
—
Jan 17, 2006
$163,000
Dignitas INC
Prenez En Gre INC
Quit Claim Deed
related
—
Oct 29, 2003
$218,000
Prenez En Gre INC
Two Rivers Lllp
Grant Deed
$174,400 · Southtrust Bank NA
—
—
Dieel Trust LLC
—
Deed Of Trust
related
$1,334,257 · Synovus Bk
—
—
Diesel Trust LLC
—
Loan Modification
related
$1,334,257 · Synovus 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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