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Property profile & analytics
OFF-MARKET
Office buildings
435 12th W St Bradenton, FL 34205-7820
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-3896018
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1900
Construction
TYPE NOT SPECIFIED
Total area
15,000 SF
Lot
0.22 ac (9,400 SF)
Zoning code
BR_FBC,BR_T5
APN
32972.0000-2
UPID
US18-3896018
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
-
Geneva Financial, LLC- Suncoast Paradise Team Loan Service Bank
-
Mike Carter Construction Inc Construction Company
-
ManateeXchange Travel Agency
-
Virtualbarter (Bike/Boat/Book/etc) Store Corporate Office
-
Law Office of Walter Sowa, III, PL Law Firm Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gerald Francis Mcdermott · 1 yrs held
Gerald Francis Mcdermott
since 2025
Last sale
$230,000
7 recorded transactions
Zoning & alternative use
BR_FBC,BR_T5 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$26,267
Tax year 2023
Assessed value
$1,392,022
Assessed 2023
Previous assessed
$1,481,676
-6.1% YoY
Effective rate
1.89%
On assessed value
Assessed land
$137,870
Assessed improvement
$1,254,152
Land market value
$137,870
Improvement market value
$1,254,152
Total market value
$1,392,022
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1900
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
15,000 SF
Lot
0.22 ac (9,400 SF)
Zoning code
BR_FBC,BR_T5
APN
32972.0000-2
UPID
US18-3896018
Jurisdiction
MANATEE
Zoning & alternative use
BR_FBC,BR_T5 · Bradenton, FL
Zoning BR_FBC,BR_T5 · permitted uses
BR_FBC,BR_T5 · 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
1900
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Gerald Francis Mcdermott
Individual
Free & Clear · 1 yrs held
Mailing address
435 12TH ST W, BRADENTON, FL 34205-7820
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2025
—
Gerald Francis Mcdermott
Gerald Mcdermott
Deed
related
—
Jul 19, 2019
—
Carter Family Living Trust
—
Deed
related
$1,320,000 · Valley Nat'l Bk
Oct 9, 2017
—
Carter Family Living Trust
Carter,michael M
Quit Claim Deed
related
—
Mar 30, 2017
—
Michael M Carter
—
Deed
related
$2,650,000 · Florida Cmnty Bk
Oct 22, 2010
—
Michael M Carter
Carter Michael M Trust
Quit Claim Deed
related
—
Jun 6, 2000
—
Michael M Carter
—
Grant Deed
related
$911,500 · Huntington National Bank
Jun 29, 1999
$230,000
Michael M Carter
Mana Rio INC
Grant Deed
$187,500 · Huntington National Bank
—
—
Mike Carter Construction INC
—
Loan Modification
related
$2,106,979 · * Other Institutional Lenders
—
—
Carter Family Living Trust
—
Deed Of Trust
related
$1,320,000 · Valley Nat'l Bk
—
—
Michael M Carter
—
Deed Of Trust
related
$2,650,000 · Florida Cmnty Bk
—
—
Michael M Carter
—
Deed Of Trust
related
$2,800,000 · Southern Commerce 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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