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Property profile & analytics
OFF-MARKET
Estimated value
$5,880,000
Grocery and convenience stores
6610 Cortez W Rd Bradenton, FL 34210
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-2357779
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1990
Total area
37,894 SF
Lot
5.08 ac (221,285 SF)
Zoning code
BR_SCC
APN
51451.0000-3
UPID
US18-2357779
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
-
Wake up Beautiful Permanent Make-Up Located in Signatures Salon Hair Salon
-
Level Up Beauty Studio Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.68M
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$5.88M
Owner & transaction history
Cortez Tml LLC · 1 yrs held
Cortez Tml LLC
since 2024
Last sale
$6.2M
7 recorded transactions
Zoning & alternative use
BR_SCC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.9M
+862.9%
Office building
$8.6M
+834.7%
Industrial (general)
$6.4M
+589.2%
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%
$8,320,000
6.5%
$7,680,000
7%
$7,135,000
Alternative Use
Use
Estimation
RESTAURANT
$8,885,000
Change: +863% · Conversion: Difficult
OFFICE BUILDING
$8,625,000
Change: +835% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,360,000
Change: +589% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,115,000
Change: +563% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,675,000
Change: +298% · Conversion: Difficult
Blend value · Realmo final
$5.88M
Range $5.29M – $6.47M · ±10% · vs last sale $6.15M (May 28 2024)
Last sale anchor
$6.15M
May 28 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
$155 / 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
$99,615
Tax year 2023
Assessed value
$5,279,148
Assessed 2023
Previous assessed
$5,019,278
+5.2% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,779,409
Assessed improvement
$3,499,739
Land market value
$1,779,409
Improvement market value
$3,499,739
Total market value
$5,279,148
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
37,894 SF
Lot
5.08 ac (221,285 SF)
Zoning code
BR_SCC
APN
51451.0000-3
UPID
US18-2357779
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
RESTAURANT
Est. value
$8.9M
OFFICE BUILDING
Est. value
$8.6M
INDUSTRIAL (GENERAL)
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
5.08 ac
Current owner
From public records · entity-resolved
Cortez Tml LLC
Entity
Mailing address
8743 NW THE ESPLANADE AVE APT #7, ORLANDO, FL 32836-7742
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
$6,150,000
Cortez Tml LLC
Fay Magnolia LLC
Warranty Deed
$4,000,000 · South State Bank NA
Jul 3, 2017
$4,300,000
Fay Magnolia LLC
Pv-cortez Village LLC
Grant Deed
$2,700,000 · Gte FCU
Feb 28, 2011
$1,600,000
Pv-cortez Village LLC
Cortez Village Square LLC
Grant Deed
—
Sep 15, 2006
$5,000,000
Cortez Village Square LLC
Cortez Commercial LLC
Warranty Deed
$3,597,802 · Lb-ubs Com'l M Tr 2005-c7 (tr)
Jul 18, 2005
—
Cortez Commercial LLC
Df Commercial Properties LLC
Warranty Deed
—
Feb 5, 2003
$3,300,000
Mf Commercial Properties LLC
Optimum Relaty Corp
Grant Deed
$2,501,350 · Coast Bank Of Florida
—
—
Cortez Commercial LLC
—
Deed Of Trust
related
$3,650,000 · Lehman Brothers Bank Fsb
—
—
Pv-cortez Village LLC
—
Deed Of Trust
related
$3,650,000 · Us Bank NA Series 2005-c7 (ce)
—
—
Pv-cortez Village LLC
—
Deed Of Trust
related
$2,500,000 · Bankunited Fsb
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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