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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Office buildings
5215 State Rd 64 Bradenton, FL 34208-5533
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2816564
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
6,882 SF
Lot
0.6 ac (26,143 SF)
Zoning code
BR_SCC
APN
11156.1155-9
UPID
US18-2816564
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
$1.85M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.93M
Owner & transaction history
My Two Angels LLC · 2 yrs held
My Two Angels LLC
since 2024
Last sale
$1.9M
2 recorded transactions
Zoning & alternative use
BR_SCC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+14.0%
Auto repair, garage
$2.1M
+13.6%
Apartment house (5+ units)
$2.0M
+11.9%
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
$1,925,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
$2,000,000
6.5%
$1,845,000
7%
$1,710,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,805,000
Current use
RETAIL STORES
$2,060,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,055,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,025,000
Change: +12% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,630,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±10% · vs last sale $1.93M (May 21 2024)
Last sale anchor
$1.93M
May 21 2024
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
$280 / 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
$22,246
Tax year 2023
Assessed value
$1,178,948
Assessed 2023
Previous assessed
$1,178,948
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$392,216
Assessed improvement
$786,732
Land market value
$392,216
Improvement market value
$786,732
Total market value
$1,178,948
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Total area
6,882 SF
Lot
0.6 ac (26,143 SF)
Zoning code
BR_SCC
APN
11156.1155-9
UPID
US18-2816564
Jurisdiction
MANATEE
Zoning & alternative use
BR_SCC · Bradenton, FL
Zoning BR_SCC · permitted uses
BR_SCC · 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
$1.8M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.6M
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
2005
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
My Two Angels LLC
Entity
Mailing address
3111 DICK WILSON DR, SARASOTA, FL 34240-8737
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
$1,925,000
My Two Angels LLC
Tom Brown Real Estate Investments L
Special Warranty Deed
$1,300,000 · Gte FCU
Mar 9, 2020
—
Tom Brown R & E Invs LLC
—
Deed Of Trust
related
$175,000 · Freedom Bk
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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