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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Office buildings
703 60th St E Ct Bradenton, FL 34208-6278
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5512458
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
TYPE NOT SPECIFIED
Total area
4,256 SF
Lot
0.83 ac (36,288 SF)
Zoning code
GC
APN
11225.0980-3
UPID
US18-5512458
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
-
Chapman Insurance Insurance Agency
-
Bruce P Dorman MD Physician
-
Repeat Riding Gear, LLC/ The Tack Emporium (Bike/Boat/Book/etc) Store Pet Store & Service
-
Mary Stinson Counselor Practitioner Service Location
-
Anastasia Geramanis Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.43M
Owner & transaction history
703 60th Street Court East LLC · 2 yrs held
703 60th Street Court East LLC
since 2024
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
GC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+14.0%
Auto repair, garage
$1.3M
+13.6%
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
$1,425,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
$1,235,000
6.5%
$1,140,000
7%
$1,060,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,115,000
Current use
RETAIL STORES
$1,275,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,270,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,005,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.43M (Jul 15 2024)
Last sale anchor
$1.43M
Jul 15 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
$335 / 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
$15,304
Tax year 2023
Assessed value
$1,045,622
Assessed 2023
Previous assessed
$1,025,820
+1.9% YoY
Effective rate
1.46%
On assessed value
Assessed land
$478,448
Assessed improvement
$567,174
Land market value
$478,448
Improvement market value
$567,174
Total market value
$1,045,622
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
4,256 SF
Lot
0.83 ac (36,288 SF)
Zoning code
GC
APN
11225.0980-3
UPID
US18-5512458
Jurisdiction
MANATEE
Zoning & alternative use
GC · Bradenton, FL
Zoning GC · permitted uses
GC · 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 Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1988
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
703 60th Street Court East LLC
Entity
Mailing address
6906 9TH AVE DR NW STE #101, BRADENTON, FL 34209-1207
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
$1,425,000
703 60th Street Court East LLC
Mcintosh Family Corporation
Warranty Deed
$1,140,000 · The Bank Of Tampa
—
—
Mcintosh Family Corp
—
Deed Of Trust
related
$212,992 · Northern Trust Bank Of Florida
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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