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Property profile & analytics
OFF-MARKET
Estimated value
$15,970,000
Office buildings
10400 Us Hwy 1st 1 Port Saint Lucie, FL 34952-5600
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3062830
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Construction
CONCRETE BLOCKS
Total area
122,451 SF
Lot
16.47 ac (717,621 SF)
Zoning code
GENERAL CO
APN
4412-113-0001-000-1
UPID
US18-3062830
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.95M
Blend (final)
Blend
$15.97M
Owner & transaction history
Port S Lucie LLC · 3 yrs held
Port S Lucie LLC
since 2023
Last sale
$15.9M
6 recorded transactions
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$24.7M
+26.9%
Medical building
$23.5M
+20.7%
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 Port Saint Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Saint Lucie 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
$12,105,000
ML approach
$11,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$19,470,000
Current use
RETAIL STORES
$24,715,000
Change: +27% · Conversion: Moderate
MEDICAL BUILDING
$23,495,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$15.97M
Range $14.37M – $17.57M · ±10% · vs last sale $15.90M (May 15 2023)
Last sale anchor
$15.90M
May 15 2023
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
$130 / 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
$293,651
Tax year 2023
Assessed value
$17,144,900
Assessed 2023
Previous assessed
$10,230,900
+67.6% YoY
Effective rate
1.71%
On assessed value
Assessed land
$5,382,200
Assessed improvement
$11,762,700
Land market value
$5,382,200
Improvement market value
$11,762,700
Total market value
$17,144,900
Applied tax rate
9,011.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1992
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
8
Bathrooms
1
Total area
122,451 SF
Lot
16.47 ac (717,621 SF)
Zoning code
GENERAL CO
APN
4412-113-0001-000-1
UPID
US18-3062830
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · Port Saint Lucie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Saint Lucie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$19.5M
RETAIL STORES
Est. value
$24.7M
MEDICAL BUILDING
Est. value
$23.5M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL 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
1992
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
8
Bathrooms
1
Lot
16.47 ac
Current owner
From public records · entity-resolved
Port S Lucie LLC
Entity
Mailing address
2600 S DOUGLAS RD STE #800, CORAL GABLES, FL 33134-6149
Ownership since
2023
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
May 15, 2023
$15,900,000
Port S Lucie LLC
Teleport Fields LLC
Special Warranty Deed
$9,540,000 · City National Bank Of Florida
Dec 6, 2016
$10,500,000
Teleport Fields LLC
Psl 10400 LLC
Grant Deed
$6,825,000 · Centerstate Bk/fl
Jun 14, 2016
—
Psl 10400 LLC
—
Deed
related
$5,300,000 · Miscellaneous Ins Co
Dec 4, 2014
$6,000,000
Real Estate Holdings I Liberty
Liberty Medical Supply INC
Grant Deed
—
Jan 29, 2003
$3,257,500
Liberty Medical Supply INC
Walmart Stores INC
Grant Deed
—
—
—
Psl 10400 LLC
—
Deed Of Trust
related
$5,300,000 · Miscellaneous Ins Co
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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