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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Drug stores
520 1st W St Bradenton, FL 34208-1902
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5585045
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2003
Total area
11,200 SF
Lot
1.21 ac (52,751 SF)
Zoning code
BR_FBC,BR_T5
APN
32521.0005-9
UPID
US18-5585045
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
UPS Access Point location Courier Service Postal Service
-
MoneyGram Bank Credit Union
-
Darshna Desai Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.12M
Owner & transaction history
Lock Up Bradenton LLC · 6 yrs held
Lock Up Bradenton LLC
since 2019
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,295,000
6.5%
$2,120,000
7%
$1,970,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,350,000
Current use
AUTO REPAIR, GARAGE
$3,340,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,290,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$2,940,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±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
$189 / 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
$44,425
Tax year 2023
Assessed value
$2,566,839
Assessed 2023
Previous assessed
$2,040,600
+25.8% YoY
Effective rate
1.73%
On assessed value
Assessed land
$1,005,662
Assessed improvement
$1,561,177
Land market value
$1,005,662
Improvement market value
$1,561,177
Total market value
$2,566,839
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Units
1
Total area
11,200 SF
Lot
1.21 ac (52,751 SF)
Zoning code
BR_FBC,BR_T5
APN
32521.0005-9
UPID
US18-5585045
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.9M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2003
Heating
NONE
Stories
1
Units
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Lock Up Bradenton LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3301 PONCE DE LEON BLVD PH PH, CORAL GABLES, FL 33134-7275
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Nov 4, 2019
$2,400,000
Lock Up Bradenton LLC
Pv-dt Bradman LLC
Grant Deed
—
Dec 30, 2015
$4,745,000
Pines Bradenton LLC
Laguardia INC
Warranty Deed
$2,000,000 · Miscellaneous Ins Co
Dec 22, 2004
$3,871,000
Laguardia INC
Fl Bizpro LLC
Grant Deed
$2,050,289 · Farm Bureau Life Insurance
Jul 22, 2004
$3,440,000
Fl Bizpro LLC
Eckerd Corp
Warranty Deed
$2,064,000 · Farm Bureau Life Insurance
—
—
Pines Bradenton LLC
—
Loan Modification
related
$6,000,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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