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Property profile & analytics

5502 Cortez Rd Bradenton, FL 34210

  • Community centers
  • 122,434 SF
  • 15.42 lot acres
Value Estimation
$6,455,000
Last Sale
Jul 27, 2025
Location Intelligence
Property ID
US18-3489508
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.

Current Use by Public Records

  • The Toasted Yolk Bradenton / Breakfast Restaurant

Property Details for 5502 Cortez Rd

Year built
1983
Lot size
15.42 lot acres
Property size
122,434 SF
Zone code
BR_SCC
Property type
Community centers
APN
51111.2015-9
APU
5111120159

Description

Cortez Commons, a two-building retail center in Bradenton, Florida, presents a compelling investment opportunity. Located at 5502 Cortez Rd W, this property boasts a prime location at the corner of 59th Street and Cortez Road West, experiencing high traffic volume with a combined 45,800 cars daily. The center offers multiple tenancy options, with a total of 15,900 square feet currently vacant, divisible into spaces ranging from 800 to 8,500 square feet. Five spaces are immediately available, ideal for a variety of retail or restaurant uses. The property underwent renovations in 2022, ensuring modern and attractive spaces for tenants. Its strategic location benefits from significant residential growth potential, with over 10,000 new homes planned within a two-mile radius. Furthermore, Cortez Commons enjoys high visibility across the street from the highest-volume Walmart Supercenter in Southwest Florida, guaranteeing substantial foot traffic and brand recognition. This exceptional location, combined with the available space and recent renovations, makes Cortez Commons an attractive proposition for businesses seeking a thriving retail environment in a rapidly expanding market. The property's address is 5502 Cortez Rd W, Bradenton, FL 34210.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,830,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,630,000
    6.5%
    $5,860,000
    7%
    $5,715,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,175,000
    Geo Method
    $6,150,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,135,000
    Retail
    $4,840,000
    Mixed-Use
    $4,540,000
    Hospitality
    $5,410,000
    Educational
    $4,575,000
    Residential Income
    $4,540,000
    Energy
    $5,340,000
    Income-Based Land
    $4,950,000
    Food Service
    $4,815,000

Location Insight

  • Map
  • Local Demand
City
Bradenton
County
Manatee
State
Florida
Longitude
-82.618
Latitude
27.4637
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
$120,593
$2,623,763
$3,983,794
$6,607,557
-
$2,623,763
$3,983,794
$6,607,557
More about this property
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