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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Investment properties
9516 Cortez Rd Wn2 Bradenton, FL 34210-1800
Entity Owned
20-yr Hold
Free & Clear
Property ID
US18-5138597
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1978
Total area
24,114 SF
Lot
2.41 ac (104,892 SF)
Zoning code
PD-R
APN
76558.0001-4
UPID
US18-5138597
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
-
Judy's Restaurant Restaurant
-
The Grappling Academy Bradenton Training Center Sports School
-
Cortez Ace Hardware Building Supply Hardware & Home Improvement
-
American Lock & Key Locksmith
-
A Hair Day Salon & Spa LLC Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.79M
Blend (final)
Blend
$2.91M
Owner & transaction history
Mt Vernon Plaza En Cortez LLC · 20 yrs held
Mt Vernon Plaza En Cortez LLC
since 2006
3 recorded transactions
Zoning & alternative use
PD-R · 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
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±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
$121 / 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
$33,519
Tax year 2023
Assessed value
$2,197,706
Assessed 2023
Previous assessed
$2,035,791
+8.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$772,899
Assessed improvement
$1,424,807
Land market value
$772,899
Improvement market value
$1,424,807
Total market value
$2,197,706
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1978
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
24,114 SF
Lot
2.41 ac (104,892 SF)
Zoning code
PD-R
APN
76558.0001-4
UPID
US18-5138597
Jurisdiction
MANATEE
Zoning & alternative use
PD-R · Bradenton, FLZoning PD-R · permitted uses
PD-R · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
2.41 ac
Current owner
From public records · entity-resolved
Mt Vernon Plaza En Cortez LLC
Entity
Free & Clear · 20 yrs held
Mailing address
7321 MERCHANT CT, LAKEWOOD RANCH, FL 34240-8466
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2006
$193,000
Mt Vernon Plaza En Cortez LLC
Weener,calvin D SR & Emily
Warranty Deed
—
Apr 22, 2003
$1,250,000
Calvin D Weener
Boardwalk Group LLC
Grant Deed
$249,000 · Gold Bank NA
Jun 14, 2000
$585,000
Boardwalk Group LLC
Ihiw Trust
Grant Deed
$410,000 · First National Bank Central Fl
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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