5202 Cortez W Rd Bradenton, FL 34210-2811
Property profile & analytics
5202 Cortez W Rd, Bradenton, FL 34210-2811
- Auto shops
- 1,596 SF
- 0.65 lot acres
Property ID
US18-4589957
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.
Location Intelligence
Current Use by Public Records
- Take 5 Oil Change / Auto Repair Shop
- Florida Quick Lubes / Gas Station
Property Details for 5202 Cortez W Rd
- Year built
- 1989
- Construction
- CONCRETE
- Lot size
- 0.65 lot acres
- Zone code
- BR_SCC
- Property type
- Auto shops
- APN
- 51111.0075-5
- APU
- 5111100755
Description
This exceptional investment opportunity presents a 1,820 square foot, free-standing Take 5 Oil Change located at 5202 Cortez Rd W, Bradenton, FL 34210. The property sits on a 0.65-acre lot and boasts excellent frontage and exposure on Cortez Road, a major retail corridor with 55,000 vehicles passing daily. Built in 1989, this single-story building is zoned C3 and operates under a corporate-guaranteed, absolute NNN lease with Take 5 Oil Change, a company with over 520 locations. The current lease, commenced May 1, 2015, has a remaining term of 5 years with one 5-year option at a 9% rent increase. The property generates a strong net operating income (NOI) of $70,290, resulting in a 5.15% cap rate. The asking price is $1,365,000. This is a low-maintenance, passive income investment in a high-traffic area with a substantial population density (13,940 within 1 mile, 88,807 within 3 miles, and 168,539 within 5 miles). The property was previously a Havoline Xpress location and has been re-imaged to the current Take 5 Oil Change concept. Florida's tax-advantaged environment further enhances this compelling investment. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,080,000
- ML approach
- $1,120,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $728,000
Market price range: $233k - $729k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bradenton
- County
- Manatee
- State
- Florida
- Longitude
- -82.614
- Latitude
- 27.4631
- 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
$11,490
$385,815
$223,117
$608,932
-
$385,815
$223,117
$608,932
