Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Car washes
6717 State Rd 70th E Bradenton, FL 34203-9741
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5177635
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2004
Total area
3,768 SF
Lot
0.6 ac (26,026 SF)
Zoning code
GC
APN
17305.0035-0
UPID
US18-5177635
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
-
Coast 2 Coast Kitchen Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Loosmeek LLC · 2 yrs held
Loosmeek LLC
since 2023
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
GC · 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
$1,805,000
ML approach
$1,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.02M
Range $1.82M – $2.22M · ±10% · vs last sale $2.20M (Dec 18 2023)
Last sale anchor
$2.20M
Dec 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
$536 / 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
$11,230
Tax year 2023
Assessed value
$730,195
Assessed 2023
Previous assessed
$637,903
+14.5% YoY
Effective rate
1.54%
On assessed value
Assessed land
$368,663
Assessed improvement
$361,532
Land market value
$368,663
Improvement market value
$361,532
Total market value
$730,195
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Total area
3,768 SF
Lot
0.6 ac (26,026 SF)
Zoning code
GC
APN
17305.0035-0
UPID
US18-5177635
Jurisdiction
MANATEE
Zoning & alternative use
GC · Bradenton, FLZoning GC · permitted uses
GC · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Loosmeek LLC
Entity
Mailing address
4488 CAYO GRANDE DR, SARASOTA, FL 34233-1676
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
$2,200,000
Loosmeek LLC
G & M Land Corporation
Special Warranty Deed
$1,540,000 · Westfield Bank Fsb
Jan 21, 2004
—
G & M Land Corp
—
Trustees Deed
related
$650,000 · Coast Bank Of Florida
Dec 17, 2003
$100,000
G & M Land Corp
Gigliotti,nicola S & Joseph
Grant Deed
—
Apr 16, 1997
$151,000
Nicola S Gigliotti
Gehrich,ernest J & Rhonda L
Grant Deed
—
—
—
G & M Land Corp
—
Deed Of Trust
related
$852,733 · Nicola S & Mary L Gigliotti
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 6717 State Rd 70th E?
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.
