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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
405 57th W Ave Bradenton, FL 34207-3848
Entity Owned
Absentee Owner
Property ID
US18-2363933
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1974
Construction
WOOD
Total area
4,050 SF
Lot
10.64 ac (463,478 SF)
Zoning code
RSMH-6
APN
58666.0010-9
UPID
US18-2363933
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
-
New Hope Tabernacle Church
-
FOAMazing Parties Party Supply Store Rental Equipment Company
-
Arbor Terrace Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$753k
Blend (final)
Blend
$630k
Owner & transaction history
Sun Arbor Terrace LLC
Sun Arbor Terrace LLC
1 recorded transaction
Zoning & alternative use
RSMH-6 · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$765,000
+52.6%
Auto repair, garage
$590,000
+17.7%
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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL)
$500,000
Current use
OFFICE BUILDING
$765,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$156 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$211,160
Tax year 2022
Assessed value
$10,547,923
Assessed 2023
Previous assessed
$10,547,923
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,356,332
Assessed improvement
$9,191,591
Land market value
$1,356,332
Improvement market value
$9,191,591
Total market value
$10,547,923
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
1974
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Units
373
Bathrooms
2
Total area
4,050 SF
Lot
10.64 ac (463,478 SF)
Zoning code
RSMH-6
APN
58666.0010-9
UPID
US18-2363933
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.
Alternative use value scenarios
Repositioning upside vs current use
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL) Current
Est. value
$500,000
OFFICE BUILDING
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$590,000
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1974
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
373
Bathrooms
2
Lot
10.64 ac
Current owner
From public records · entity-resolved
Sun Arbor Terrace LLC
Entity
Mailing address
27777 FRANKLIN RD STE #200, SOUTHFIELD, MI 48034-8205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Sun Arbor Terrace LLC
—
Loan Modification
related
$4,506,686 · Private Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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