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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Warehouses
816 31st W Ave Bradenton, FL 34205-8906
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0343239
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
6,000 SF
Lot
1 ac (43,560 SF)
Zoning code
HC
APN
48323.0000-0
UPID
US19-0343239
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
-
Steve's Car Repair Auto Repair Shop
-
CRDN of Tampa (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Priime Holdings LLC · 1 yrs held
Priime Holdings LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
HC · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+89.9%
Industrial (general)
$1.0M
+35.9%
Office building
$880,000
+18.6%
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
$805,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL)
$740,000
Current use
RESTAURANT
$1,405,000
Change: +90% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,005,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$830,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$755,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $1.10M (Jul 31 2024)
Last sale anchor
$1.10M
Jul 31 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
$141 / 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
$11,170
Tax year 2023
Assessed value
$602,141
Assessed 2023
Previous assessed
$574,471
+4.8% YoY
Effective rate
1.86%
On assessed value
Assessed land
$250,104
Assessed improvement
$352,037
Land market value
$250,104
Improvement market value
$352,037
Total market value
$602,141
Applied tax rate
302.0000
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
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
6,000 SF
Lot
1 ac (43,560 SF)
Zoning code
HC
APN
48323.0000-0
UPID
US19-0343239
Jurisdiction
MANATEE
Zoning & alternative use
HC · Bradenton, FL
Zoning HC · permitted uses
HC · 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
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL) Current
Est. value
$740,000
RESTAURANT
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$755,000
STORAGE YARD, OPEN STORAGE (LIGHT EQUIPMENT, MATERIAL) Current
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1967
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Priime Holdings LLC
Entity
Mailing address
12520 HOOSIER RD, FISHERS, IN 46037-9074
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$1,100,000
Priime Holdings LLC
Donald L Anderson
Warranty Deed
$850,000 · First Horizon Bank
Apr 28, 2022
—
Donald L Anderson
—
Deed
related
$600,000 · First Home Bank
Dec 28, 2021
$675,000
Donald L Anderson
45th LLC
Warranty Deed
—
Jun 9, 2021
$362,500
45th LLC
Paradise Property LLC
Warranty Deed
$212,500 · Paradise Property LLC
Aug 12, 2013
$225,000
Paradise Property LLC
Thompson,d Earl
Warranty Deed
$238,500 · Cadence Bank
Nov 12, 1999
$81,100
D E Thompson
Thompson,gary W
Grant Deed
related
$25,000 · American Bank
—
—
D E Thompson
—
Deed Of Trust
related
$225,000 · Coast Bank Of Florida
—
—
Gary W Thompson
—
Deed Of Trust
related
$150,000 · 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.
Try Rey
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