Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,655,000
Flex space
5821 24th E St Bradenton, FL 34203-5028
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5546564
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2000
Construction
CONCRETE
Total area
107,904 SF
Lot
14.42 ac (628,135 SF)
Zoning code
LM
APN
18469.0020-9
UPID
US18-5546564
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
-
Avon Cabinet Corp General Contractor Renovation Specialist
-
The Motorcoach Store Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.50M
CAP Approach
CAP
$13.97M
Comparable Approach
Comparable
$12.85M
Blend (final)
Blend
$13.66M
Owner & transaction history
24th Street Bradenton LLC · 3 yrs held
24th Street Bradenton LLC
since 2023
Last sale
$18.3M
3 recorded transactions
Zoning & alternative use
LM · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$15,015,000
ML approach
$12,495,000
CAP Approach
CAP Return
Estimation
6%
$15,130,000
6.5%
$13,965,000
7%
$12,970,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,820,000
Current use
WAREHOUSE, STORAGE
$14,760,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$13.66M
Range $12.29M – $15.02M · ±10% · vs last sale $18.30M (Jul 18 2023)
Last sale anchor
$18.30M
Jul 18 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
$127 / 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
$148,716
Tax year 2022
Assessed value
$8,281,751
Assessed 2023
Previous assessed
$8,281,751
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$827,399
Assessed improvement
$7,454,352
Land market value
$827,399
Improvement market value
$7,454,352
Total market value
$8,281,751
Applied tax rate
303.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
107,904 SF
Lot
14.42 ac (628,135 SF)
Zoning code
LM
APN
18469.0020-9
UPID
US18-5546564
Jurisdiction
MANATEE
Zoning & alternative use
LM · Bradenton, FL
Zoning LM · permitted uses
LM · 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
INDUSTRIAL (GENERAL) Current
Est. value
$14.8M
WAREHOUSE, STORAGE
Est. value
$14.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2000
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
14.42 ac
Current owner
From public records · entity-resolved
24th Street Bradenton LLC
Entity
Mailing address
3231 59TH DR E UNIT #102, BRADEN RIVER, FL 34203-4281
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jul 18, 2023
$18,300,000
24th Street Bradenton LLC
Avon Cabinet Corporation
Special Warranty Deed
$16,670,000 · Avon Cabinet Corporation
Jan 15, 2020
$750,000
301 Corp Center LLC
Avon Cabinet Corp
Grant Deed
—
Aug 16, 2019
—
Avon Cabinet Corpporation
—
Deed
related
$500,000 · Centerstate Bank Of Florida NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5821 24th E St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
