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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Office Spaces
110 Atlanta Ave Stuart, FL 34994-2009
Individually Owned
16-yr Hold
Free & Clear
Property ID
US18-4888535
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1925
Construction
FRAME
Total area
3,055 SF
Lot
0.39 ac (17,076 SF)
APN
05-38-41-011-003-00130-7
UPID
US18-4888535
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
-
United Yacht Sales (Bike/Boat/Book/etc) Store
-
Spencer Christopher Yacht Management (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$780k
Owner & transaction history
Geoffrey C Corlett · 16 yrs held
Geoffrey C Corlett
since 2009
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$820,000
+9.6%
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 Stuart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stuart 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
$505,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$750,000
Current use
RETAIL STORES
$820,000
Change: +10% · Conversion: Easy
MEDICAL BUILDING
$730,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$255 / 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
$18,309
Tax year 2023
Assessed value
$1,018,620
Assessed 2023
Previous assessed
$885,951
+15.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$939,480
Assessed improvement
$79,140
Land market value
$939,480
Improvement market value
$79,140
Total market value
$1,018,620
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Stories
2
Bathrooms
2
Total area
3,055 SF
Lot
0.39 ac (17,076 SF)
APN
05-38-41-011-003-00130-7
UPID
US18-4888535
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
COMMERCIAL (GENERAL) Current
Est. value
$750,000
RETAIL STORES
Est. value
$820,000
MEDICAL BUILDING
Est. value
$730,000
COMMERCIAL (GENERAL) 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
1925
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Geoffrey C Corlett
Individual
Free & Clear · 16 yrs held
Mailing address
321 SE OSCEOLA ST, STUART, FL 34994-2228
Ownership since
2009
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
Dec 28, 2009
$410,000
Geoffrey C Corlett
Vista Rio LLC
Quit Claim Deed
related
—
Apr 8, 2005
$437,400
Vista Rio LLC
Corlett,geoffrey C & Susan
Quit Claim Deed
related
—
Jun 9, 2004
$1,175,000
Geoffrey C Corlett
Griffith,tr
Grant Deed
$881,250 · Union Planters National Bank
—
—
Griffith Trust
—
Deed Of Trust
related
$60,000 · Morgan Stanley Dean Witter Cre
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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