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Property profile & analytics
FOR LEASE
Commercial real estate
101499 Overseas Hwy Key Largo, FL 33037
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4867014
For Lease
1 / 5
$10,750,000
101499 Overseas Hwy, Key Largo, FL 33037
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
50,269 SF
Lot
21.21 ac (923,747 SF)
APN
00454611-000100
UPID
US18-4867014
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
-
Publix Super Market at Tradewinds Plaza Specialty Food Shop Supermarket
-
Electrify America Charging Station Electric Vehicle Charging Station
-
Publix Pharmacy at Tradewinds Plaza Pharmacy
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Sears Appliance Repair Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.67M
Comparable Approach
Comparable
$9.75M
Blend (final)
Blend
$10.75M
Owner & transaction history
Burlington Coat Factory Warehouse C · 3 yrs held
Burlington Coat Factory Warehouse C
since 2022
4 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 Key Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key Largo 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%
$11,560,000
6.5%
$10,670,000
7%
$9,910,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,240,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$10.75M
Range $9.68M – $11.83M · ±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
$214 / 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
$159,839
Tax year 2023
Assessed value
$19,129,088
Assessed 2023
Previous assessed
$19,710,332
-2.9% YoY
Effective rate
0.84%
On assessed value
Assessed land
$10,773,169
Assessed improvement
$8,355,919
Land market value
$10,773,169
Improvement market value
$8,355,919
Total market value
$19,129,088
Applied tax rate
500.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1989
Heating
NONE
Cooling
YES
Buildings
4
Stories
2
Total area
50,269 SF
Lot
21.21 ac (923,747 SF)
APN
00454611-000100
UPID
US18-4867014
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
WAREHOUSE, STORAGE
Est. value
$17.2M
WAREHOUSE, STORAGE
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
1989
Heating
NONE
Cooling
Yes
Stories
2
Buildings
4
Lot
21.21 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Warehouse C
Individual
Free & Clear · 3 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
—
Burlington Coat Factory Warehouse C
Kir Key Largo 022 LLC
Lease
—
May 31, 2022
—
The Tjx Companies INC
Kir Key Largo 022 LLC
Lease
—
Jul 18, 2000
$118,000
Kir Key Largo 022 LLC
Philips Shopping Center Fund
Grant Deed
—
—
—
Kir Key Largo 022 LLC
—
Deed Of Trust
related
$8,158,990 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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