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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Medical Office Space
1400 Federal Hwy Stuart, FL 34994-1020
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5218579
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Total area
6,800 SF
Lot
0.8 ac (35,022 SF)
APN
29-37-41-001-001-00010-0
UPID
US18-5218579
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
-
Independence Hearing Hearing Aid Store Audiologist
-
Jeanette Reyes Physician
-
KATRINA L LELLI Physician
-
Independence Ear, Nose & Throat Physician
-
Ellen Kabath Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.81M
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.69M
Blend (final)
Blend
$1.63M
Owner & transaction history
Baker Ran LLC · 5 yrs held
Baker Ran LLC
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+12.7%
Commercial (general)
$1.7M
+2.8%
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 Stuart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stuart 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
$1,910,000
ML approach
$1,810,000
CAP Approach
CAP Return
Estimation
6%
$1,550,000
6.5%
$1,430,000
7%
$1,330,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,620,000
Current use
RETAIL STORES
$1,825,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,665,000
Change: +3% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,495,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10% · vs last sale $1.45M (Aug 27 2020)
Last sale anchor
$1.45M
Aug 27 2020
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
$239 / 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
$25,610
Tax year 2023
Assessed value
$1,378,310
Assessed 2023
Previous assessed
$1,329,273
+3.7% YoY
Effective rate
1.86%
On assessed value
Assessed land
$350,000
Assessed improvement
$1,028,310
Land market value
$350,000
Improvement market value
$1,028,310
Total market value
$1,378,310
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,800 SF
Lot
0.8 ac (35,022 SF)
APN
29-37-41-001-001-00010-0
UPID
US18-5218579
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Baker Ran LLC
Entity
Mailing address
4180 N HWY 1ST APT 1001B, HUTCHINSON ISLAND, FL 34949-8387
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 27, 2020
$1,450,000
Baker Ran LLC
Baker Road LLC
Warranty Deed
—
Jun 6, 2018
$750,000
Baker Road LLC
Karabulut,engin
Warranty Deed
—
Oct 10, 2013
$300,000
Engin Karabulut
Hurewitz,victoria
Warranty Deed
—
Apr 23, 2010
—
Victoria Hurewitz
Baker Shoppes 2 LLC
Quit Claim Deed
related
—
Jan 3, 2006
$595,000
Baker Shoppes 2 LLC
Bankatlantic
Grant Deed
—
Jan 6, 1997
$310,000
Community Savings F A
Grella,stephen J & Dianne F
Grant Deed
related
—
—
—
Baker Shoppes 2 LLC
—
Deed Of Trust
related
$446,250 · Grand Bank & Trust Of Florida
—
—
David Ackner
—
Deed Of Trust
related
$750,000 · Victoria Hurewitz
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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