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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Flex space
4515 15th E St Bradenton, FL 34203-3615
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-0557518
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1957
Construction
CONCRETE
Total area
39,900 SF
Lot
5.11 ac (222,592 SF)
Zoning code
HM
APN
16378.0000-2
UPID
US18-0557518
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
-
Axis Motors, LLC Car Dealership
-
Custom Marine Fabrication Metal Fabrication Plant Factory
-
Express It Granite Installations LLC Kitchen & Bath Showroom Interior Design
-
Rent and Ride Street Carts Department Store
-
Double Bogey Transport Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.19M
Owner & transaction history
Mdr Drywall Contractors Corp · 3 yrs held
Mdr Drywall Contractors Corp
since 2023
Last sale
$1.9M
3 recorded transactions
Zoning & alternative use
HM · 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
$2,230,000
ML approach
$2,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $1.88M (May 12 2021)
Last sale anchor
$1.88M
May 12 2021
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
$55 / 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
$33,469
Tax year 2023
Assessed value
$1,666,655
Assessed 2023
Previous assessed
$1,666,655
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$463,406
Assessed improvement
$1,203,249
Land market value
$463,406
Improvement market value
$1,203,249
Total market value
$1,666,655
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1957
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
39,900 SF
Lot
5.11 ac (222,592 SF)
Zoning code
HM
APN
16378.0000-2
UPID
US18-0557518
Jurisdiction
MANATEE
Zoning & alternative use
HM · Bradenton, FL
Zoning HM · permitted uses
HM · 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
1957
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
5.11 ac
Current owner
From public records · entity-resolved
Mdr Drywall Contractors Corp
Entity
Free & Clear · 3 yrs held
Mailing address
4515 15TH ST E, BRADENTON, FL 34203-3615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
—
Mdr Drywall Contractors Corp
Jimmie L Cromartie
Correction Deed
related
—
May 12, 2021
$1,875,000
Ggmr Ventures LLC
Blue Side Up LLC
Warranty Deed
$1,244,765 · Vast Bank NA
Nov 20, 2019
$1,000,000
Blue Side Up LLC
Jacyn Beacon Realty LLC
Quit Claim Deed
related
—
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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