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Property profile & analytics
FOR LEASE
Industrial properties
1121 Digiorgio Rd Fort Pierce, FL 34982
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6676318
For Lease
1 / 2
$5,505,000
1121 Digiorgio Rd, Fort Pierce, FL 34982
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
2009
Construction
METAL FRAME
Total area
28,319 SF
Lot
13.84 ac (602,870 SF)
Zoning code
LIGHT INDU
APN
2428-421-0002-000-7
UPID
US18-6676318
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
-
s Tent rental Rental Equipment Company
-
American Complete Organics Recycling Food And Beverage Consultant
-
Heyden Supply Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.51M
Owner & transaction history
Lanier Holdings LLC · 3 yrs held
Lanier Holdings LLC
since 2023
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
LIGHT INDU · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,705,000
ML approach
$5,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,140,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$3,380,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±10% · vs last sale $6.00M (Jan 9 2023)
Last sale anchor
$6.00M
Jan 9 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
$194 / 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
$88,559
Tax year 2023
Assessed value
$4,530,900
Assessed 2023
Previous assessed
$4,530,900
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$2,712,900
Assessed improvement
$1,818,000
Land market value
$2,712,900
Improvement market value
$1,818,000
Total market value
$4,530,900
Applied tax rate
22.0000
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
For Lease
Year built
2009
Construction
METAL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
28,319 SF
Lot
13.84 ac (602,870 SF)
Zoning code
LIGHT INDU
APN
2428-421-0002-000-7
UPID
US18-6676318
Jurisdiction
ST LUCIE
Zoning & alternative use
LIGHT INDU · Fort Pierce, FL
Zoning LIGHT INDU · permitted uses
LIGHT INDU · 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
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.4M
MEDICAL BUILDING
OFFICE 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
2009
Construction
METAL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
13.84 ac
Current owner
From public records · entity-resolved
Lanier Holdings LLC
Entity
Mailing address
575 JAMES RD, ALPHARETTA, GA 30004-3351
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
$6,000,000
Lanier Holdings LLC
Jk Hibs LLC
Warranty Deed
$5,100,000 · First Horizon Bank
Jan 9, 2023
$5,000,000
Jk Hibs LLC
783 Properties Fort Pierce LLC
Warranty Deed
—
Dec 9, 2021
$3,464,000
783 Properties Fort Pierce LLC
Nag Properties LLC
Warranty Deed
—
Apr 25, 2014
—
Nag Properties LLC
Stampede Industries LLC
Quit Claim Deed
related
—
Apr 25, 2014
$2,150,000
Nag Properties LLC
Stampede Industries LLC
Special Warranty Deed
—
Nov 6, 2012
$2,062,500
Stampede Industries LLC
Pierce Hardy LP
Grant Deed
—
May 20, 2008
—
Hardy Pierce
Hardy Management Co LLC
Quit Claim Deed
related
$195,000,000 · Ableco Finance LLC
May 1, 2006
$2,422,400
Hardy Management Co LLC
Land Trust 1032
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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