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Property profile & analytics
OFF-MARKET
Estimated value
$5,165,000
Gas stations
1124 Truman Ave Key West, FL 33040
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4183250
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1969
Total area
2,584 SF
Lot
0.35 ac (15,281 SF)
APN
00032360-000000
UPID
US18-4183250
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
-
Dion's Quik Chik Grocery & Convenience Store
-
CBD GOLD LINE STORE @ Dion's Quik Mart (Bike/Boat/Book/etc) Store Pharmacy
-
Circle K Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.17M
Owner & transaction history
Circle K Stores INC · 3 yrs held
Circle K Stores INC
since 2023
Last sale
$5.2M
4 recorded transactions
Zoning & alternative use
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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$5,090,000
ML approach
$5,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.17M
Range $4.65M – $5.68M · ±10% · vs last sale $5.16M (May 3 2023)
Last sale anchor
$5.16M
May 3 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
$1,999 / 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
$17,271
Tax year 2023
Assessed value
$2,454,590
Assessed 2023
Previous assessed
$1,533,475
+60.1% YoY
Effective rate
0.70%
On assessed value
Assessed land
$2,133,612
Assessed improvement
$320,978
Land market value
$2,133,612
Improvement market value
$320,978
Total market value
$2,454,590
Applied tax rate
10.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
2,584 SF
Lot
0.35 ac (15,281 SF)
APN
00032360-000000
UPID
US18-4183250
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
Building & site characteristics
From public records
Year built
1969
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Circle K Stores INC
Entity
Mailing address
1100 SITUS CT STE #100, RALEIGH, NC 27606-4295
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
$5,162,400
Circle K Stores INC
Land 10031 LLC
Special Warranty Deed
—
Oct 27, 2016
$20,750,000
Land 10031 LLC
Dion Commercial Properties LLC
Grant Deed
—
Feb 11, 2016
$20,750,000
Land 10031 LLC
Dion Commercial Properties LLC
Warranty Deed
$22,500,000 · Capital One NA
—
—
Lawrence R Dion
—
Deed Of Trust
related
$650,000 · Marine Bank Florida Keys
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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