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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Manufacturing properties
1501 Biltmore St Port Saint Lucie, FL 34983-2996
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3620057
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Construction
METAL FRAME
Total area
9,000 SF
Lot
0.92 ac (40,000 SF)
Zoning code
CS SERVIC
APN
3420-635-0664-000-1
UPID
US18-3620057
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
$1.17M
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.35M
Owner & transaction history
Chs Florida Holdings LLC · 3 yrs held
Chs Florida Holdings LLC
since 2022
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.0M
+56.4%
Office building
$1.9M
+43.2%
Retail stores
$1.8M
+39.9%
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
$1,195,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$975,000
7%
$905,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,300,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,030,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$1,860,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$1,815,000
Change: +40% · Conversion: Moderate
MEDICAL BUILDING
$1,705,000
Change: +31% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,095,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±10% · vs last sale $1.50M (Aug 15 2022)
Last sale anchor
$1.50M
Aug 15 2022
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
$149 / 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
$29,818
Tax year 2023
Assessed value
$1,221,100
Assessed 2023
Previous assessed
$639,200
+91.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$280,000
Assessed improvement
$941,100
Land market value
$280,000
Improvement market value
$941,100
Total market value
$1,221,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2004
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
2
Total area
9,000 SF
Lot
0.92 ac (40,000 SF)
Zoning code
CS SERVIC
APN
3420-635-0664-000-1
UPID
US18-3620057
Jurisdiction
ST LUCIE
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FLZoning 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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Chs Florida Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5542 VINTAGE OAKS TER, DELRAY BEACH, FL 33484-6301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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 15, 2022
$1,500,000
Chs Florida Holdings LLC
Barry Zimmerman
Warranty Deed
—
Jul 24, 2018
—
Barry Zimmerman
—
Deed
related
$450,000 · Centerstate Bank Of Florida NA
Jul 8, 2011
—
Barry L Zimmerman
—
Trustees Deed
related
$206,204 · Seacoast National Bank
Jul 2, 2003
—
Barry Zimmerman
—
Trustees Deed
related
$450,000 · First Nat'l Bk & Tr Treasure C
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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