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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
1273 Biltmore St Port Saint Lucie, FL 34983-2422
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0236866
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
CONCRETE BLOCKS
Total area
6,080 SF
Lot
1.01 ac (44,196 SF)
Zoning code
CS SERVIC
APN
3420-635-0565-000-7
UPID
US19-0236866
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
$800k
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$640k
Owner & transaction history
Natalies Canal Co LLC · 17 yrs held
Natalies Canal Co LLC
since 2008
4 recorded transactions
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$875,000
+18.8%
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%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$740,000
Current use
INDUSTRIAL (GENERAL)
$875,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$105 / 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
$20,430
Tax year 2023
Assessed value
$971,200
Assessed 2023
Previous assessed
$659,663
+47.2% YoY
Effective rate
2.10%
On assessed value
Assessed land
$309,400
Assessed improvement
$661,800
Land market value
$309,400
Improvement market value
$661,800
Total market value
$971,200
Applied tax rate
11.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
6,080 SF
Lot
1.01 ac (44,196 SF)
Zoning code
CS SERVIC
APN
3420-635-0565-000-7
UPID
US19-0236866
Jurisdiction
ST LUCIE
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Zoning CS SERVIC · permitted uses
CS SERVIC · 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
WAREHOUSE, STORAGE Current
Est. value
$740,000
INDUSTRIAL (GENERAL)
Est. value
$875,000
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Natalies Canal Co LLC
Entity
Mailing address
12039 SW 117TH CT, MIAMI, FL 33186-5202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Aug 25, 2011
—
Natalies Canal Co LLC
—
Deed Of Trust
related
$2,000,000 · Standard Insurance Co
Oct 29, 2008
$3,059,700
Natalies Canal Co LLC
Gimbel Holdings Co Florida INC
Warranty Deed
—
May 6, 2004
$4,200,000
Gimbel Holding Co
Kruger,tr
Grant Deed
$3,400,000 · First Southern Bank
—
—
Natalies Canal Co LLC
—
Loan Modification
related
$650,000 · Miscellaneous Ins 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.
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