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Property profile & analytics
OFF-MARKET
Estimated value
$8,295,000
Grocery and convenience stores
1537 Saint Lucie W Blvd Port Saint Lucie, FL 34986-2113
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-7314809
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2021
Construction
CONCRETE BLOCKS
Total area
56,422 SF
Lot
13.32 ac (580,189 SF)
Zoning code
GENERAL CO
APN
3325-602-0001-000-2
UPID
US18-7314809
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
$10.01M
Comparable Approach
Comparable
$7.54M
Blend (final)
Blend
$8.30M
Owner & transaction history
Uh Us Port St Lucie Extension · 6 yrs held
Uh Us Port St Lucie Extension
since 2020
5 recorded transactions
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.7M
+11.8%
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%
$10,840,000
6.5%
$10,010,000
7%
$9,295,000
Alternative Use
Use
Estimation
RETAIL STORES
$11,390,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,735,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$10,700,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$10,050,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$8.30M
Range $7.47M – $9.12M · ±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
$147 / 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
$291,086
Tax year 2023
Assessed value
$10,390,300
Assessed 2023
Previous assessed
$11,656,800
-10.9% YoY
Effective rate
2.80%
On assessed value
Assessed land
$5,986,700
Assessed improvement
$4,403,600
Land market value
$5,986,700
Improvement market value
$4,403,600
Total market value
$10,390,300
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2021
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
56,422 SF
Lot
13.32 ac (580,189 SF)
Zoning code
GENERAL CO
APN
3325-602-0001-000-2
UPID
US18-7314809
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FLZoning GENERAL CO · permitted uses
GENERAL CO · 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
RETAIL STORES Current
Est. value
$11.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.7M
MEDICAL BUILDING
Est. value
$10.7M
OFFICE BUILDING
Est. value
$10.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE 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
2021
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
13.32 ac
Current owner
From public records · entity-resolved
Uh Us Port St Lucie Extension
Individual
Free & Clear · 6 yrs held
Mailing address
22 MAPLE AVE, MORRISTOWN, NJ 07960-5452
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2020
$3,800,000
Uh Us Port St Lucie Extension
St Lucie Westland LLC
Grant Deed
—
Mar 13, 2020
—
St Lucie Westland LLC
—
Deed
related
—
Jan 31, 2020
—
St Lucie Westland LLC
—
Deed
related
$40,000,000 · Miscellaneous Ins Co
—
—
St Lucie Westland LLC
—
Deed Of Trust
related
$40,000,000 · Miscellaneous Ins Co
—
—
St Lucie Westland LLC
—
Loan Modification
related
—
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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