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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Grocery and convenience stores
3119 1st E St Bradenton, FL 34208-4052
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0746133
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1980
Total area
4,500 SF
Lot
0.64 ac (27,840 SF)
Zoning code
GC
APN
47613.0000-5
UPID
US19-0746133
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
-
Buccaneer Pawn Guns & Gold Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$520k
Owner & transaction history
J&b Meek Family Investments LLC · 4 yrs held
J&b Meek Family Investments LLC
since 2022
Last sale
$563,000
5 recorded transactions
Zoning & alternative use
GC · 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
$455,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$845,000
Current use
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $563k (May 6 2022)
Last sale anchor
$563k
May 6 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
$116 / 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
$9,402
Tax year 2023
Assessed value
$563,440
Assessed 2023
Previous assessed
$533,888
+5.5% YoY
Effective rate
1.67%
On assessed value
Assessed land
$243,984
Assessed improvement
$319,456
Land market value
$243,984
Improvement market value
$319,456
Total market value
$563,440
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
4,500 SF
Lot
0.64 ac (27,840 SF)
Zoning code
GC
APN
47613.0000-5
UPID
US19-0746133
Jurisdiction
MANATEE
Zoning & alternative use
GC · Bradenton, FL
Zoning GC · permitted uses
GC · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$845,000
SERVICE STATION (FULL SERVICE) Current
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
J&b Meek Family Investments LLC
Entity
Mailing address
3119 1ST ST E, BRADENTON, FL 34208-4052
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$563,000
J&b Meek Family Investments LLC
John B Townsend
Special Warranty Deed
$478,550 · First Southern Bank
Mar 8, 2022
—
Priscilla S Gratton
Jwjt LLC
Warranty Deed
—
Nov 13, 2017
$450,000
Jwjt LLC
Madmarks Stereo Warehouse INC
Warranty Deed
$250,000 · Madmark's Stereo Warehouse INC
May 16, 2006
—
Mad Marks Stereo Warehouse INC
Land Properties Of Manatee INC
Quit Claim Deed
related
—
Apr 26, 2006
$745,000
Mad Marks Stereo Warehouse INC
L & P Properties INC
Warranty Deed
$700,000 · M & I Marshall & Ilsley Bank
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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