Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,635,000
Office buildings
11380 Vlg Pkwy Port Saint Lucie, FL 34987-2388
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8363279
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,308 SF
Lot
4.4 ac (191,664 SF)
Zoning code
MASTER PLA
APN
4315-616-0001-000-7
UPID
US18-8363279
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
by Request
CAP Approach
CAP
$7.12M
Comparable Approach
Comparable
$9.80M
Blend (final)
Blend
$8.64M
Owner & transaction history
Florida Vision Realty Tradition LLC · 4 yrs held
Florida Vision Realty Tradition LLC
since 2021
1 recorded transaction
Zoning & alternative use
MASTER PLA · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.0M
+47.0%
Neighborhood: shopping center
$7.7M
+26.7%
Retail stores
$6.9M
+13.3%
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 Port Saint Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Saint Lucie 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
by Request
CAP Approach
CAP Return
Estimation
6%
$7,705,000
6.5%
$7,115,000
7%
$6,605,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,110,000
Current use
AUTO REPAIR, GARAGE
$8,980,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,745,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$6,925,000
Change: +13% · Conversion: Moderate
MEDICAL BUILDING
$6,510,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$8.64M
Range $7.77M – $9.50M · ±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
$252 / 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
$305,391
Tax year 2023
Assessed value
$11,175,300
Assessed 2023
Previous assessed
$10,742,300
+4.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$2,367,100
Assessed improvement
$8,808,200
Land market value
$2,367,100
Improvement market value
$8,808,200
Total market value
$11,175,300
Applied tax rate
9,341.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
3
Total area
34,308 SF
Lot
4.4 ac (191,664 SF)
Zoning code
MASTER PLA
APN
4315-616-0001-000-7
UPID
US18-8363279
Jurisdiction
ST LUCIE
Zoning & alternative use
MASTER PLA · Port Saint Lucie, FL
Zoning MASTER PLA · permitted uses
MASTER PLA · Port Saint Lucie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Saint Lucie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.7M
RETAIL STORES
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
4.4 ac
Current owner
From public records · entity-resolved
Florida Vision Realty Tradition LLC
Entity
Mailing address
1050 SE MONTEREY RD STE #104, STUART, FL 34994-4512
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2021
—
Florida Vision Realty Tradition LLC
—
Deed
related
$1,069,613 · First Citizens Bank & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11380 Vlg Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
