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Property profile & analytics
OFF-MARKET
Estimated value
$10,340,000
Warehouses
1225 Main St Sebastian, FL 32958-4165
Individually Owned
Free & Clear
Property ID
US18-0575667
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
CONCRETE
Total area
67,317 SF
Lot
17.56 ac (764,914 SF)
Zoning code
PS
APN
31-39-06-00005-0002-00001.0
UPID
US18-0575667
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
-
Sebastian City Hall City Government Office
-
Sebastian Building Department City Government Office
-
Sebastian Growth Management City Government Office
-
Friendship Park Tennis Court Sports Field & Court Sports School
-
Sebastian Contractors License City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.76M
Comparable Approach
Comparable
$13.50M
Blend (final)
Blend
$10.34M
Owner & transaction history
CITY SEBASTIAN
CITY SEBASTIAN
Zoning & alternative use
PS · Sebastian, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.2M
+78.8%
Auto repair, garage
$14.6M
+71.5%
Retail stores
$14.3M
+67.6%
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 Sebastian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastian 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%
$11,655,000
6.5%
$10,760,000
7%
$9,990,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,515,000
Current use
OFFICE BUILDING
$15,230,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,605,000
Change: +71% · Conversion: Easy
RETAIL STORES
$14,270,000
Change: +68% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$9,405,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$10.34M
Range $9.31M – $11.37M · ±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
$154 / 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
$8,816
Tax year 2023
Assessed value
$8,655,671
Assessed 2023
Previous assessed
$8,630,169
+0.3% YoY
Effective rate
0.10%
On assessed value
Assessed land
$447,780
Assessed improvement
$8,207,891
Land market value
$447,780
Improvement market value
$8,207,891
Total market value
$8,655,671
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
12
Stories
2
Units
1
Total area
67,317 SF
Lot
17.56 ac (764,914 SF)
Zoning code
PS
APN
31-39-06-00005-0002-00001.0
UPID
US18-0575667
Jurisdiction
INDIAN RIVER
Zoning & alternative use
PS · Sebastian, FL
Zoning PS · permitted uses
PS · Sebastian, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebastian. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.5M
OFFICE BUILDING
Est. value
$15.2M
AUTO REPAIR, GARAGE
Est. value
$14.6M
RETAIL STORES
Est. value
$14.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2004
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
12
Units
1
Lot
17.56 ac
Current owner
From public records · entity-resolved
CITY SEBASTIAN
Individual
Free & Clear · 0 yrs held
Mailing address
1225 MAIN ST, SEBASTIAN, FL 32958-4165
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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