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Property profile & analytics
OFF-MARKET
Estimated value
$9,230,000
Investment properties
5820 Rnch Lk Blvd 102 Bradenton, FL 34202-3713
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6182510
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2013
Total area
8,890 SF
Lot
4.82 ac (209,872 SF)
Zoning code
PD-MU
APN
19015.1055-9
UPID
US18-6182510
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
-
The Urban Shave Barber Shop
-
Jersey Mike's Subs Take-out & Catering Catering Service
-
Braids by Ree at Urban Shave Hair Salon
-
EggTown - Bradenton Restaurant
-
Cutting Loose Salon Lakewood Ranch Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.23M
Owner & transaction history
Monticello Properties LLC · 3 yrs held
Monticello Properties LLC
since 2023
Last sale
$9.7M
3 recorded transactions
Zoning & alternative use
PD-MU · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.1M
+429.3%
Restaurant
$7.7M
+265.6%
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
$7,935,000
ML approach
$9,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,135,000
Change: +429% · Conversion: Easy
RESTAURANT
$7,690,000
Change: +266% · Conversion: Difficult
Blend value · Realmo final
$9.23M
Range $8.31M – $10.15M · ±10% · vs last sale $9.67M (Jun 22 2023)
Last sale anchor
$9.67M
Jun 22 2023
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
$1,038 / 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
$101,542
Tax year 2023
Assessed value
$6,730,054
Assessed 2023
Previous assessed
$6,500,393
+3.5% YoY
Effective rate
1.51%
On assessed value
Assessed land
$1,316,867
Assessed improvement
$5,413,187
Land market value
$1,316,867
Improvement market value
$5,413,187
Total market value
$6,730,054
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2013
Heating
NONE
Buildings
2
Stories
1
Total area
8,890 SF
Lot
4.82 ac (209,872 SF)
Zoning code
PD-MU
APN
19015.1055-9
UPID
US18-6182510
Jurisdiction
MANATEE
Zoning & alternative use
PD-MU · Bradenton, FL
Zoning PD-MU · permitted uses
PD-MU · 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
Est. value
$11.1M
RESTAURANT
Est. value
$7.7M
OFFICE BUILDING
RESTAURANT
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
2013
Heating
NONE
Stories
1
Buildings
2
Lot
4.82 ac
Current owner
From public records · entity-resolved
Monticello Properties LLC
Entity
Mailing address
553 E MAIN AVE, BOWLING GREEN, KY 42101-2256
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2023
$9,670,000
Monticello Properties LLC
River Club Plaza 4 Guys LLC
Special Warranty Deed
$6,770,000 · The German American Bank
Jul 8, 2019
—
River Club Plaza 4 Guys LLC
—
Deed
related
$4,659,633 · Synovus Bk
—
—
River Club Plaza 4 Guys LLC
—
Loan Modification
related
$4,659,633 · Synovus 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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