Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,080,000
Industrial properties
1001 Whitehead St Key West, FL 33040-7643
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4785933
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1976
Total area
3,370 SF
Lot
0.1 ac (4,479 SF)
APN
00027280-000000
UPID
US18-4785933
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
-
Paul Brooks PA - Key West - Vacasa Real Estate Real Estate Agency
-
Key West Vacation Rentals and Condos by Vacasa Condominium Rental Agency Vacation Home Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.08M
Owner & transaction history
Daniel Mercuri · 5 yrs held
Daniel Mercuri
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+42.3%
Office building
$1.7M
+3.6%
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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$2,225,000
ML approach
$2,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,645,000
Current use
RETAIL STORES
$2,340,000
Change: +42% · Conversion: Easy
OFFICE BUILDING
$1,700,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$2.08M
Range $1.87M – $2.29M · ±10% · vs last sale $1.98M (Oct 19 2020)
Last sale anchor
$1.98M
Oct 19 2020
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
$617 / 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
$16,748
Tax year 2023
Assessed value
$1,997,451
Assessed 2023
Previous assessed
$1,998,035
0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$1,472,435
Assessed improvement
$525,016
Land market value
$1,472,435
Improvement market value
$525,016
Total market value
$1,997,451
Applied tax rate
11.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1976
Heating
NONE
Cooling
YES
Stories
3
Units
2
Bathrooms
3
Total area
3,370 SF
Lot
0.1 ac (4,479 SF)
APN
00027280-000000
UPID
US18-4785933
Jurisdiction
MONROE
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
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1976
Heating
NONE
Cooling
Yes
Stories
3
Units
2
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Daniel Mercuri
Individual
Mailing address
2601 S ROOSEVELT BLVD, KEY WEST, FL 33040-5117
Ownership since
2020
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 19, 2020
$1,980,000
Daniel Mercuri
Michael B Ingram
Warranty Deed
—
Apr 28, 2020
—
Michael B Ingram
—
Deed
related
$538,948 · First St Bk/fl Keys
Apr 8, 2019
$100
Ingram,michael B Trust
Ingram,michael
Grant Deed
related
—
Aug 15, 2005
$900,000
Michael Ingram
Edward N Lee
Warranty Deed
$1,110,000 · First State Bank Of The Florida Key
—
—
Michael Ingram
—
Loan Modification
related
—
—
—
Michael Ingram
—
Deed Of Trust
related
$541,000 · First State Bank Florida Keys
—
—
Michael B Ingram
—
Loan Modification
related
$538,948 · First St Bk/fl Keys
—
—
Michael Ingram
—
Deed Of Trust
related
$150,000 · First State Bank Florida Keys
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1001 Whitehead St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
