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

    2955 53rd E Ave Bradenton, FL 34203

    • Investment properties
    • 5,931 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimations
    $1,120,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7754368
    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

    • Investment properties

    Property Details for 2955 53rd E Ave

    Year built
    2014
    Lot size
    0.93 lot acres
    Property size
    5,931 SF
    Zone code
    GC
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    16900.1015-9
    APU
    1690010159

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,405,000
      Current use
      RETAIL STORES
      $1,775,000
      Change: +26% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,770,000
      Change: +26% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,745,000
      Change: +24% Conversion: Moderate
      OFFICE BUILDING
      $1,480,000
      Change: +5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.5261
    Latitude
    27.448
    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
    $18,337
    $615,091
    $533,536
    $1,148,627
    -
    $615,091
    $533,536
    $1,148,627

    Comparable in this City

    • Value Estimation
      $1,385,000
      11,150 SF

      5645 15th E St

      STORE/OFFICE (MIXED USE) • 11,150 SF
      5645 15th E St, Bradenton, FL 34203-5913
      View Details
    • Value Estimation
      $1,055,000
      6,184 SF

      5700 5th E St

      STORE/OFFICE (MIXED USE) • 6,184 SF
      5700 5th E St, Bradenton, FL 34203-6263
      View Details
    • Value Estimation
      $2,060,000
      10,980 SF

      5803 15th E St

      STORE/OFFICE (MIXED USE) • 10,980 SF
      5803 15th E St, Bradenton, FL 34203-6849
      View Details
    • Value Estimation
      $1,350,000
      11,442 SF

      204 44th E Ave

      STORE/OFFICE (MIXED USE) • 11,442 SF
      204 44th E Ave, Bradenton, FL 34203-3527
      View Details
    • Value Estimation by Request
      2,360 SF

      5615 15th E St

      STORE/OFFICE (MIXED USE) • 2,360 SF
      5615 15th E St, Bradenton, FL 34203-5953
      View Details
    • Value Estimation
      $4,685,000
      1,600 SF

      6130 15th E St

      STORE/OFFICE (MIXED USE) • 1,600 SF
      6130 15th E St, Bradenton, FL 34203-7772
      View Details

    Similar Nearby for Sale

    • $69,000

      Residential Lot in Mobile Home Park

      Affordable lot in a mobile home park; value is in land.
      302 51St Avenue Cir, Bradenton, FL 34203
      View Details
    • $59,990

      Vacant Lot in 55+ Community

      Vacant lot in Bradenton 55+ pet-free Golf Lakes community.
      5209 4Th B St E, Bradenton, FL 34203
      View Details
    • $550,000
      1.31 Acres

      Commercial Land in Bradenton, FL

      1.31 acres of commercial land zoned NC-M.
      301 301 Blvd E, Bradenton, FL 34203
      View Details
    • $375,000
      Pending

      Bradenton Land Development Opportunity

      1.39 acre lot zoned RSF-6 in Bradenton, Florida.
      2003 51St Ave E, Bradenton, FL 34203
      View Details
    • $1,349,000

      High-Traffic Investment Opportunity

      Income-producing property with auto sales business potential on high-traffic street.
      5712 15Th St E, Bradenton, FL 34203
      View Details
    • $3,600,000
      14,500 SF

      High-Visibility Bradenton Industrial Compound

      2.4-acre industrial property with showroom, warehouse, and income potential.
      2398 63Rd Ave E, Bradenton, FL 34203
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      563,451 SF

      Bradenton, FL Office Space For Lease

      Class A Office, 563,451 SF, Multiple Tenants
      0 44Th Ave, Bradenton, FL 34203
      View Details
    • $11 SF/Yr
      16,000 SF

      Bradenton Warehouse with Heavy Manufacturing Zoning

      16,000 SF warehouse zoned for heavy manufacturing available for rent.
      6111 21St Street Ct East, Bradenton, FL 34203
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Bradenton, FL

      Retail space available in a family-oriented area near the airport.
      5720-5828 W 14Th St, Bradenton, FL 34203
      View Details
    • $17 SF/Yr
      26,496 SF

      Bradenton Medical Office Space

      Prime Medical Office Suites Available
      109 44Th Avenue Dr, Bradenton, FL 34203
      View Details
    • Contact for pricing
      188,000 SF

      Modern Distribution Warehouse For Rent

      107,190 SF distribution space with modern architectural features.
      4505 24Th St E | Bradenton, Bradenton, FL 34203
      View Details
    • $12 SF/Yr
      18,039 SF

      Renovated Warehouse with Fenced Area

      Renovated warehouse with office and fenced, covered outside area.
      1904 44Th Ave E, Bradenton, FL 34203
      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.
    2955 53rd E Ave
    Bradenton, FL 34203
    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.