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Property profile & analytics
FOR LEASE
Community centers
10455 SE Federal Hwy, Hobe Sound, FL 33455
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0480200
For Lease
1 / 2
$30 SF/Yr
10455 SE Federal Hwy, Hobe Sound, FL 33455
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2018
Total area
14,602 SF
Lot
2.62 ac (114,127 SF)
APN
34-38-42-000-097-00020-3
UPID
US18-0480200
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
-
MÜV Dispensary Hobe Sound (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.94M
Owner & transaction history
Vtt Hobe Sound LLC · 4 yrs held
Vtt Hobe Sound LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.8M
+28.3%
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 Hobe Sound submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hobe Sound 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
NEIGHBORHOOD: SHOPPING CENTER
$2,155,000
Current use
INDUSTRIAL (GENERAL)
$2,765,000
Change: +28% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,115,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±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
$133 / 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
$55,512
Tax year 2023
Assessed value
$4,378,840
Assessed 2023
Previous assessed
$2,502,200
+75.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$886,770
Assessed improvement
$3,492,070
Land market value
$886,770
Improvement market value
$3,492,070
Total market value
$4,378,840
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2018
Heating
YES
Stories
1
Rooms
1
Bathrooms
7
Total area
14,602 SF
Lot
2.62 ac (114,127 SF)
APN
34-38-42-000-097-00020-3
UPID
US18-0480200
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
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
2018
Heating
YES
Stories
1
Rooms
1
Bathrooms
7
Lot
2.62 ac
Current owner
From public records · entity-resolved
Vtt Hobe Sound LLC
Entity
Mailing address
525 E BAY ST STE #202, CHARLESTON, SC 29403-6798
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$6,900,000
Vtt Hobe Sound LLC
Hobe Sound Station LLC
Warranty Deed
$4,800,000 · Flagler Bank
Oct 8, 2018
—
Hobe Sound Station LLC
—
Deed
related
$5,000,000 · Flagler Bk
Oct 26, 2015
$1,300,000
Hobe Sound Station LLC
Wellfinders International LLC
Warranty Deed
$350,000 · Private Individual
Jul 2, 2014
—
Wellfinders International LLC
—
Trustees Deed
related
$150,000 · Assisted Investments LLC
Dec 4, 2013
$240,000
Wellfinders International LLC
Menotte Deborah C
Grant Deed
—
Nov 19, 2012
$100
Heros Silver
Sheriff Of Martin County
Trustees Deed
related
—
—
—
Hobe Sound Station LLC
—
Deed Of Trust
related
$5,000,000 · Flagler Bk
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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