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Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Warehouses
1673 Ses Niemeyer Cir, Port Saint Lucie, FL 34952-3512
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5584431
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
METAL FRAME
Total area
29,496 SF
Lot
2.79 ac (121,740 SF)
Zoning code
WAREHOUSE
APN
3435-600-0028-000-9
UPID
US18-5584431
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
$3.89M
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$3.54M
Owner & transaction history
77 Property Holdings 1673 Niemeyer
77 Property Holdings 1673 Niemeyer
since 2025
Last sale
$3.8M
1 recorded transaction
Zoning & alternative use
WAREHOUSE · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.7M
+58.0%
Office building
$4.7M
+30.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,210,000
6.5%
$3,885,000
7%
$3,605,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,580,000
Current use
MEDICAL BUILDING
$5,660,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$4,690,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±10% · vs last sale $3.75M (Jun 19 2025)
Last sale anchor
$3.75M
Jun 19 2025
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
$120 / 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
$50,065
Tax year 2023
Assessed value
$2,466,200
Assessed 2023
Previous assessed
$1,867,224
+32.1% YoY
Effective rate
2.03%
On assessed value
Assessed land
$608,700
Assessed improvement
$1,857,500
Land market value
$608,700
Improvement market value
$1,857,500
Total market value
$2,466,200
Applied tax rate
9,011.0000
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
1973
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
3
Total area
29,496 SF
Lot
2.79 ac (121,740 SF)
Zoning code
WAREHOUSE
APN
3435-600-0028-000-9
UPID
US18-5584431
Jurisdiction
ST LUCIE
Zoning & alternative use
WAREHOUSE · Port Saint Lucie, FL
Zoning WAREHOUSE · permitted uses
WAREHOUSE · 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
$3.6M
MEDICAL BUILDING
Est. value
$5.7M
OFFICE BUILDING
Est. value
$4.7M
WAREHOUSE, STORAGE Current
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
1973
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
3
Lot
2.79 ac
Current owner
From public records · entity-resolved
77 Property Holdings 1673 Niemeyer
Entity
Free & Clear · 0 yrs held
Mailing address
8300 CURRENCY DR, RIVIERA BEACH, FL 33404-1721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
$3,750,000
77 Property Holdings 1673 Niemeyer
Apollo 22 L L C
Warranty Deed
—
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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