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Property profile & analytics
OFF-MARKET
Estimated value
$5,445,000
Retail space
10870 Overseas Hwy Marathon, FL 33050-3455
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3312003
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
16,904 SF
Lot
1.49 ac (64,925 SF)
APN
00333890-000000
UPID
US18-3312003
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
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
Walgreens Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.45M
CAP Approach
CAP
$3.53M
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$5.45M
Owner & transaction history
Cotrust Wash LLC · 2 yrs held
Cotrust Wash LLC
since 2024
Last sale
$5.4M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.4M
+69.9%
Warehouse, storage
$5.8M
+33.6%
Commercial (general)
$4.9M
+13.9%
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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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
$5,445,000
ML approach
$5,445,000
CAP Approach
CAP Return
Estimation
6%
$3,820,000
6.5%
$3,525,000
7%
$3,275,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,340,000
Current use
OFFICE BUILDING
$7,375,000
Change: +70% · Conversion: Easy
WAREHOUSE, STORAGE
$5,795,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,945,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$5.45M
Range $4.90M – $5.99M · ±10% · vs last sale $5.44M (Feb 27 2024)
Last sale anchor
$5.44M
Feb 27 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
$322 / 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
$25,487
Tax year 2023
Assessed value
$2,742,651
Assessed 2023
Previous assessed
$2,742,651
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,025,512
Assessed improvement
$1,717,139
Land market value
$1,025,512
Improvement market value
$1,717,139
Total market value
$2,742,651
Applied tax rate
51.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
16,904 SF
Lot
1.49 ac (64,925 SF)
APN
00333890-000000
UPID
US18-3312003
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
RETAIL STORES Current
Est. value
$4.3M
OFFICE BUILDING
Est. value
$7.4M
WAREHOUSE, STORAGE
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (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
1996
Heating
NONE
Stories
1
Lot
1.49 ac
Current owner
From public records · entity-resolved
Cotrust Wash LLC
Entity
Mailing address
104 WILMOT RD144G, DEERFIELD, IL 60015-5121
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
$5,443,600
Cotrust Wash LLC
Walgreen Co
Special Warranty Deed
$32,800,000 · Wells Fargo Bank NA
Feb 27, 2024
—
Cotrust Wash LLC
Walgreen Co
Re-recorded Document
related
—
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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