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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Grocery and convenience stores
718 23rd W Ave Bradenton, FL 34205-8254
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4229214
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1957
Total area
4,943 SF
Lot
0.28 ac (12,000 SF)
Zoning code
BR_FBC,BR_T4-R
APN
45186.0000-4
UPID
US18-4229214
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
-
Blue Vision Roofing Inc. Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$710k
Owner & transaction history
Florida First Capital Finance Corp · 2 yrs held
Florida First Capital Finance Corp
since 2023
Last sale
$774,200
6 recorded transactions
Zoning & alternative use
BR_FBC,BR_T4-R · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+26.0%
Auto repair, garage
$1.1M
+19.3%
Office building
$1.0M
+9.1%
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
$635,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$930,000
Current use
COMMERCIAL (GENERAL)
$1,170,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,105,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$1,015,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $774k (Jul 3 2023)
Last sale anchor
$774k
Jul 3 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
$144 / 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
$9,870
Tax year 2023
Assessed value
$528,518
Assessed 2023
Previous assessed
$472,933
+11.8% YoY
Effective rate
1.87%
On assessed value
Assessed land
$57,800
Assessed improvement
$470,718
Land market value
$57,800
Improvement market value
$470,718
Total market value
$528,518
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 (W/FUEL PUMP)
Status
Off-Market
Year built
1957
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
4,943 SF
Lot
0.28 ac (12,000 SF)
Zoning code
BR_FBC,BR_T4-R
APN
45186.0000-4
UPID
US18-4229214
Jurisdiction
MANATEE
Zoning & alternative use
BR_FBC,BR_T4-R · Bradenton, FL
Zoning BR_FBC,BR_T4-R · permitted uses
BR_FBC,BR_T4-R · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1957
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Florida First Capital Finance Corp
Entity
Free & Clear · 2 yrs held
Mailing address
1351 N GADSDEN ST, TALLAHASSEE, FL 32303-5668
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2023
—
Florida First Capital Finance Corp
Blue Vision Roofing INC
Assignment Of Lease (leasehold Sale)
—
Jul 3, 2023
$774,200
Bella Vista Assets LLC
Dm Ansbro LLC
Warranty Deed
$398,150 · Truist Bank
Feb 1, 2021
$400,000
Dm Ansbro LLC
David K Ansbro
Warranty Deed
$370,000 · David K Ansboro Etux
Jan 2, 2004
$337,000
David K Ansbro
Aldrich,mark T & David K
Grant Deed
$249,000 · Gold Bank NA
Jan 2, 2004
—
David K Ansbro
Aldrich Rug Interiors INC
Grant Deed
related
—
—
—
Mark T Aldrich
—
Deed Of Trust
related
$40,000 · American Bank Of Bradenton
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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