Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4450 47th W St Bradenton, FL 34210-2961
    Back to Search
    Property profile & analytics

    4450 47th W St, Bradenton, FL 34210-2961

    View on Map
    • Hotels
    • 63,160 SF
    • 2.52 lot acres
    Off-Market
    Property ID
    US18-4404944
    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.
    Value Estimations
    $1,245,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Quality Inn / Hotel & Motel
    • Bowlero Bradenton / Gym & Fitness Center / Sports Field & Court
    • Holiday Inn Express & Suites Bradenton West, an IHG Hotel / Hotel & Motel

    Property Details for 4450 47th W St

    Year built
    1989
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.52 lot acres
    Zone code
    BR_SCC
    Property type
    Hotels
    APN
    51879.5000-0
    APU
    5187950000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 9, 2022 — Kansas Snowbird LLC — Deed · related $13.5M · Bank Of Montreal
    Jan 10, 2017 $9,000,000 Kansas Snowbird LLC Rfp Vi Hotel Bradenton Owner L Warranty Deed $10M · Carter Bk&tr
    May 23, 2005 — Mullen Associates LLC Owner,record Grant Deed · related —
    — — Mullen Associates LLC — Deed Of Trust · related $2.9M · Rfp Vi Hotel Bradenton LLC
    — — Rfp Vi Hotel Bradenton Owner L — Deed Of Trust · related $7.5M · Anglo Irish Bank Corp Plc
    — — Rfp Vi Hotel Bradenton Owner L — Deed Of Trust · related $7M · J P Morgan Chase Bank
    — — Mullen Associates LLC — Deed Of Trust · related $225k · Rfp Vi Hotel Bradenton LLC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,235,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,257,000
      Market price range: $1.08M - $1.76M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,270,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradenton
    County
    Manatee
    State
    Florida
    Longitude
    -82.6089
    Latitude
    27.461
    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
    $151,233
    $386,069
    $8,378,232
    $8,764,301
    -
    $386,069
    $8,378,232
    $8,764,301

    Comparable in this City

    • Value Estimation
      $825,000
      53,322 SF

      5451 Cortez W Rd

      HOTEL
      5451 Cortez W Rd, Bradenton, FL 34210-2820
      View Details
    • Value Estimation
      $1,445,000
      107,240 SF

      5450 Bollettieri Blvd

      HOTEL
      5450 Bollettieri Blvd, Bradenton, FL 34210-2207
      View Details
    • Value Estimation by Request
      0.03 Acres

      11900 Cortez W Rd, Unit 27

      CAMPGROUND, RV PARK
      11900 Cortez W Rd, Bradenton, FL 34210
      View Details
    • Value Estimation by Request
      0.03 Acres

      11900 Cortez W Rd, Unit 28

      CAMPGROUND, RV PARK
      11900 Cortez W Rd, Bradenton, FL 34210
      View Details
    • Value Estimation by Request
      0.04 Acres

      11900 Cortez W Rd, Unit 41

      CAMPGROUND, RV PARK
      11900 Cortez W Rd, Bradenton, FL 34210
      View Details
    • Value Estimation by Request
      0.04 Acres

      11900 Cortez W Rd, Unit 52

      CAMPGROUND, RV PARK
      11900 Cortez W Rd, Bradenton, FL 34210
      View Details

    Similar Nearby for Sale

    • $57,000
      0.04 Acres

      Bradenton Buildable Lot Near Island

      Buildable lot in waterfront community, near Anna Maria Island.
      69 W 4Th St W, Bradenton, FL 34210
      View Details
    • Contact for pricing
      1,185 SF

      Bay View Condo in Bradenton

      Move-in ready 2BR/2BA condo in 55+ community with amenities.
      4819 Independence Dr, Bradenton, FL 34210
      View Details
    • Contact for pricing
      82,248 SF

      Bradenton Office Park For Sale

      Eleven-building office park on 9.2 acres in central Bradenton.
      3639 Cortez Rd W, Bradenton, FL 34210
      View Details
    • Contact for pricing
      1,446 SF

      Spacious Condo in Spring Lakes

      Move-in ready condo with lush views and community amenities.
      814 Spring Lakes Blvd, Bradenton, FL 34210
      View Details
    • Contact for pricing
      Pending

      Waterfront Condo with Deeded Boat Slip

      Spacious 2BR/2BA condo with deeded boat slip and amenities.
      9604 Cortez Rd W, Bradenton, FL 34210
      View Details
    • Contact for pricing

      Lakewood Ranch Retail Development Site

      Prime 3.3-acre hard-corner retail site in Lakewood Ranch.
      11500 44Th Ave E, Bradenton, FL 34210
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Cortez Road

      Retail space in high-traffic area near major developments.
      5210 Cortez Rd W, Bradenton, FL 34210
      View Details
    • Contact for pricing

      Commercial Property on Cortez Road

      Commercial property available for rent at 3915-4105 Cortez Rd.
      3915-4105 Cortez Rd, Bradenton, FL 34210
      View Details
    • $27,600

      Professional Office Space For Lease

      Office spaces for lease in Wildewood Professional Park.
      3639 Cortez Rd W 225, Bradenton, FL 34210
      View Details
    • Contact for pricing
      6,684 SF

      Freestanding Office Building for Lease

      6,684 sq ft office building in Wildewood Springs.
      3701 Cortez Rd W, Bradenton, FL 34210
      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.
    4450 47th W St
    Bradenton, FL 34210-2961
    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

    Thank You for Inquiry
    4450 47th W St, Bradenton, FL, 34210
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!