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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Grocery and convenience stores
8710 Cortez W Rd Bradenton, FL 34210-2203
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5185132
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2019
Total area
9,100 SF
Lot
1.18 ac (51,444 SF)
Zoning code
NC-M
APN
75010.0010-9
UPID
US18-5185132
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.23M
Owner & transaction history
Palmetto Bradenton-cortez Rd L · 8 yrs held
Palmetto Bradenton-cortez Rd L
since 2018
7 recorded transactions
Zoning & alternative use
NC-M · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,710,000
Current use
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10%
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
$135 / 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
$24,222
Tax year 2023
Assessed value
$1,703,327
Assessed 2023
Previous assessed
$1,657,062
+2.8% YoY
Effective rate
1.42%
On assessed value
Assessed land
$422,386
Assessed improvement
$1,280,941
Land market value
$422,386
Improvement market value
$1,280,941
Total market value
$1,703,327
Applied tax rate
1.0000
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
2019
Heating
NONE
Stories
1
Units
1
Total area
9,100 SF
Lot
1.18 ac (51,444 SF)
Zoning code
NC-M
APN
75010.0010-9
UPID
US18-5185132
Jurisdiction
MANATEE
Zoning & alternative use
NC-M · Bradenton, FLZoning NC-M · permitted uses
NC-M · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.7M
SERVICE STATION (FULL SERVICE) Current
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
2019
Heating
NONE
Stories
1
Units
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Palmetto Bradenton-cortez Rd L
Individual
Mailing address
8377 GRN MDWS DR N STE A, LEWIS CENTER, OH 43035-9506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2018
$460,000
Palmetto Bradenton-cortez Rd L
Cortez Outdoor Living Ctr LLC
Warranty Deed
related
$1,702,500 · Ameris Bk
Jun 15, 2017
—
Cortez Outdoor Living LLC
Michael C Powers
Warranty Deed
related
—
Mar 3, 2017
$410,000
Michael C Powers
Christie 1 LLC
Warranty Deed
—
Dec 17, 2014
$277,200
Christie 1 LLC
Acm Liberty Comm Re LLC
Warranty Deed
—
Dec 17, 2014
—
Acm Liberty Comm Re LLC
Liberty Svgs Bk Fsb
Correction Deed
related
—
Jun 5, 2012
$50,000
Acm Liberty Comm Re LLC
Liberty Svgs Bk Fsb
Warranty Deed
—
Jun 8, 2011
$15,100
Liberty Svgs Bk
John T SR
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Feb 1, 2007
$350,000
John T Lightner SR.
Danny L Johnson
Warranty Deed
$257,000 · Liberty Savings Bank Fsb
Jan 28, 2005
—
Midcentral INC
Florida Fidelity Corp
Quit Claim Deed
related
—
May 29, 2003
$350,000
Danny L Johnson
Lindsey Enterprises Lc
Grant Deed
$280,000 · Mercantile Bank
Sep 13, 2001
—
Lindsey Enterprises Lc
Lindsey,tr
Quit Claim Deed
related
—
Jun 23, 1993
—
Lindsey,betty Snead & Betty S Trust
—
Grant Deed
related
—
—
—
Christie 1 LLC
—
Loan Modification
related
$750,000 · First Manatee Bk
—
—
Christie 1 LLC
—
Loan Modification
related
$750,000 · First Manatee Bk
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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