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Property profile & analytics
OFF-MARKET
Estimated value
$5,660,000
Office Spaces
10 Central Pkwy Stuart, FL 34994-5913
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3281572
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
CONCRETE
Total area
40,208 SF
Lot
4 ac (174,240 SF)
APN
09-38-41-000-000-00611-6
UPID
US18-3281572
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
-
Elliot Paul & Company Auctions Real Estate Agency
-
Timpa Trade Llc Big Box & Wholesale Store
-
Bale Real Estate Group Real Estate Agency
-
Suzan Sanford Interiors Inc. Interior Design Home Decor Store
-
Florida Insurance & Retirement Associates Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.46M
Blend (final)
Blend
$5.66M
Owner & transaction history
St Lucie Riviera LLC · 1 yrs held
St Lucie Riviera LLC
since 2024
Last sale
$5.5M
6 recorded transactions
Zoning & alternative use
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 Stuart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stuart 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
INDUSTRIAL (GENERAL)
$8,835,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$5.66M
Range $5.09M – $6.23M · ±10% · vs last sale $5.50M (Sep 5 2024)
Last sale anchor
$5.50M
Sep 5 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
$85,871
Tax year 2023
Assessed value
$4,839,910
Assessed 2023
Previous assessed
$4,839,910
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,275,440
Assessed improvement
$3,564,470
Land market value
$1,275,440
Improvement market value
$3,564,470
Total market value
$4,839,910
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
4
Rooms
1
Bathrooms
8
Total area
40,208 SF
Lot
4 ac (174,240 SF)
APN
09-38-41-000-000-00611-6
UPID
US18-3281572
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
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
INDUSTRIAL (GENERAL)
Est. value
$8.8M
INDUSTRIAL (GENERAL)
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Rooms
1
Bathrooms
8
Lot
4 ac
Current owner
From public records · entity-resolved
St Lucie Riviera LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 30223, PALM BEACH GARDENS, FL 33420-0223
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
$5,500,000
St Lucie Riviera LLC
Eliason Cm Stuart Office Building L
Warranty Deed
—
Jul 15, 2022
$200,000
Janet M Gordon
Carol L Wissman
Warranty Deed
—
Apr 18, 2017
$4,000,000
Eliason Cm Stuart Office Build
Kremser Family LP
Warranty Deed
—
May 24, 2005
—
Kremser Family LP North
Kremser Family LP North
Quit Claim Deed
related
$1,250,000 · Column Financial INC
Oct 28, 2004
$3,130,000
Kremser Family LP North
Ten Central Parkway Assocs Ltd
Warranty Deed
—
—
—
Kremser Family LP
—
Deed Of Trust
related
$1,250,000 · Centerstate Bk/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.
Try Rey
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