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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Community centers
10981 Us Hwy 1st 1 Fort Pierce, FL 34952-6417
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-7326504
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1956
Construction
CONCRETE BLOCKS
Total area
11,905 SF
Lot
0.45 ac (19,557 SF)
Zoning code
COMM GENRA
APN
3414-501-6210-400-9
UPID
US18-7326504
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
$2.50M
CAP Approach
CAP
$2.74M
Comparable Approach
Comparable
$2.64M
Blend (final)
Blend
$2.63M
Owner & transaction history
Savits Enterprises INC · 3 yrs held
Savits Enterprises INC
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
COMM GENRA · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+16.0%
Industrial (general)
$2.9M
+9.1%
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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
$2,675,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
$2,965,000
6.5%
$2,735,000
7%
$2,540,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,685,000
Current use
AUTO REPAIR, GARAGE
$3,115,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,930,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$2,405,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$2,285,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $2.60M (Oct 3 2022)
Last sale anchor
$2.60M
Oct 3 2022
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
$220 / 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
$26,951
Tax year 2023
Assessed value
$1,392,800
Assessed 2023
Previous assessed
$1,267,700
+9.9% YoY
Effective rate
1.94%
On assessed value
Assessed land
$224,900
Assessed improvement
$1,167,900
Land market value
$224,900
Improvement market value
$1,167,900
Total market value
$1,392,800
Applied tax rate
2.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1956
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
3
Rooms
6
Bathrooms
1
Total area
11,905 SF
Lot
0.45 ac (19,557 SF)
Zoning code
COMM GENRA
APN
3414-501-6210-400-9
UPID
US18-7326504
Jurisdiction
ST LUCIE
Zoning & alternative use
COMM GENRA · Fort Pierce, FL
Zoning COMM GENRA · permitted uses
COMM GENRA · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1956
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Rooms
6
Bathrooms
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Savits Enterprises INC
Entity
Mailing address
12555 BISCAYNE BLVD, NORTH MIAMI, FL 33181-2522
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
Oct 3, 2022
$2,600,000
Savits Enterprises INC
Gambina 7320 LLC
Warranty Deed
$13,650,000 · Professional Bank
Dec 31, 2020
$2,200,000
Gambina 7320 LLC
Mondo Properties LLC
Warranty Deed
$1,140,000 · South State Bank National Associati
Nov 30, 2016
—
Mondo Properties LLC
—
Deed
related
$1,250,000 · Harbor Cmnty Bk
Feb 24, 2015
$1,030,000
Mondo Properties LLC
E & P Hendricks LP
Warranty Deed
$700,000 · E & P Hendricks LP
Jan 28, 2015
—
E & P Hendricks LP
Hendricks,patricia D
Quit Claim Deed
related
—
May 23, 2012
$286,200
E LP
Hendricks E W Family Trust
Grant Deed
—
—
—
Mondo Properties LLC
—
Deed Of Trust
related
$1,250,000 · Harbor Cmnty 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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