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    Property profile & analytics

    930 8th W Ave Palmetto, FL 34221-4712

    • Drug stores
    • 15,036 SF
    • 1.41 lot acres
    OFF-MARKET
    Value Estimation
    $4,705,000
    Last Sale
    Mar 04, 2021
    $4,235,000
    Location Intelligence
    Property ID
    US18-3531572
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FedEx OnSite / Mailing Service
    • Walgreens Pharmacy / Pharmacy
    • Kimberly E. Shannon, RPH / Pharmacy
    • Walgreens / Drug Store / Beauty Supply Store
    • Walgreens Photo / Passport Photo Processor / Photo Lab

    Property Details for 930 8th W Ave

    Year built
    2000
    Lot size
    1.41 lot acres
    Property size
    15,036 SF
    Zone code
    PL_CG
    Property type
    Drug stores
    APN
    27582.0010-9
    APU
    2758200109

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,790,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,355,000
      6.5%
      $4,290,000
      7%
      $3,910,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,495,000
      Geo Method
      $4,935,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,900,000
      Retail
      $3,760,000
      Mixed-Use
      $4,405,000
      Hospitality
      $4,315,000
      Educational
      $3,680,000
      Residential Income
      $3,715,000
      Energy
      $4,810,000
      Income-Based Land
      $4,630,000
      Food Service
      $4,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.5725
    Latitude
    27.5207
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $47,254
    $583,771
    $1,728,880
    $2,312,651
    -
    $583,771
    $1,728,880
    $2,312,651

    Comparable in this City

    • Value Estimation by Request
      11,360 SF

      815 10th W Ave

      DRUG STORE, PHARMACY • 11,360 SF
      815 10th W Ave, Palmetto, FL 34221
      View Details
    • Value Estimation
      $435,000
      2,400 SF

      4503 Us Hwy 41st N

      CONVENIENCE STORE • 2,400 SF
      4503 Us Hwy 41st N, Palmetto, FL 34221-9274
      View Details
    • Value Estimation
      $2,080,000
      2,400 SF

      9608 Us Hwy 41st N

      CONVENIENCE STORE • 2,400 SF
      9608 Us Hwy 41st N, Palmetto, FL 34221-7710
      View Details
    • Value Estimation by Request
      9,227 SF

      1001 10th W St

      CONVENIENCE STORE (W/FUEL PUMP) • 9,227 SF
      1001 10th W St, Palmetto, FL 34221-3709
      View Details
    • Value Estimation
      $260,000
      2,356 SF

      1415 8th W Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,356 SF
      1415 8th W Ave, Palmetto, FL 34221-3119
      View Details
    • Value Estimation
      $475,000
      1,440 SF

      1408 8th W Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,440 SF
      1408 8th W Ave, Palmetto, FL 34221
      View Details

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    Similar Nearby for Lease

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      Retail/office space available for lease with great signage.
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    • Contact for pricing
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      Resort Retail Space Available

      Retail spaces and pads for lease in Marriott Resort Hotel.
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      Resort Retail Space Available

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      Versatile Retail and Office Center

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      View Details
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    Palmetto, FL 34221-4712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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