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Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Office buildings
5215 Lorraine Rd Bradenton, FL 34211-9289
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-8240389
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
10,967 SF
Lot
12.5 ac (544,500 SF)
Zoning code
A
APN
5803.1035-9
UPID
US18-8240389
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
-
Oasis Church Church
-
Bradenton Fine Arts Academy Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.94M
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.11M
Owner & transaction history
My Oasis Church INC · 9 yrs held
My Oasis Church INC
since 2017
7 recorded transactions
Zoning & alternative use
A · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.3M
+20.0%
Auto repair, garage
$3.3M
+19.5%
Apartment house (5+ units)
$3.2M
+17.8%
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%
$3,185,000
6.5%
$2,940,000
7%
$2,730,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,735,000
Current use
RETAIL STORES
$3,280,000
Change: +20% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,270,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,225,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,595,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$3.11M
Range $2.79M – $3.42M · ±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
$283 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1.00
Tax year 2022
Assessed value
$2,526,741
Assessed 2023
Previous assessed
$2,241,171
+12.7% YoY
Effective rate
0.00%
On assessed value
Assessed land
$478,087
Assessed improvement
$2,048,654
Land market value
$478,087
Improvement market value
$2,048,654
Total market value
$2,526,741
Applied tax rate
310.0000
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
Status
Off-Market
Year built
2001
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
10,967 SF
Lot
12.5 ac (544,500 SF)
Zoning code
A
APN
5803.1035-9
UPID
US18-8240389
Jurisdiction
MANATEE
Zoning & alternative use
A · Bradenton, FL
Zoning A · permitted uses
A · 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
OFFICE BUILDING Current
Est. value
$2.7M
RETAIL STORES
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.6M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2001
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
12.5 ac
Current owner
From public records · entity-resolved
My Oasis Church INC
Entity
Mailing address
5215 LORRAINE RD, BRADENTON, FL 34211-9289
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2017
$539,000
My Oasis Church INC
Perry,nathan & Heather
Warranty Deed
$550,000 · Assemblies/god Ln Fin
Jun 10, 2016
$1,000,000
My Oasis Church INC
Happy Gospel Singers Evangelis
Warranty Deed
$1,020,000 · Assemblies/god Ln Fin
Jun 10, 2016
—
Happy Gospel Singers Evangelis
Perry,nathan & Heather
Grant Deed
related
—
Jun 9, 2014
$991,000
Nathan Perry
C1 Bk
Grant Deed
—
Jun 27, 2012
$400
Community Bk
Faith Christian Ch Of Man Coc
Trustees Deed
related
—
—
—
Faith Christian Ch Of Manatee Cnt
—
Deed Of Trust
related
$150,000 · Community Bk/manatee
—
—
Faith Christian Ch Of Manatee Cnt
—
Deed Of Trust
related
$235,000 · Whitney Nat'l Bk
—
—
Faith Christian Ch Of Manatee Cnt
—
Deed Of Trust
related
$975,000 · Community Bk/manatee
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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