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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Office buildings
1770 Hillmoor Dr Port Saint Lucie, FL 34952-7534
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4289199
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2002
Construction
WOOD
Total area
6,620 SF
Lot
0.71 ac (30,928 SF)
Zoning code
GENERAL CO
APN
3420-753-0002-000-6
UPID
US18-4289199
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
$1.38M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.44M
Owner & transaction history
Mchemi Land LLC · 4 yrs held
Mchemi Land LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+64.6%
Industrial (general)
$1.6M
+54.9%
Neighborhood: shopping center
$1.5M
+41.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,375,000
7%
$1,275,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,055,000
Current use
AUTO REPAIR, GARAGE
$1,735,000
Change: +65% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,630,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,495,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$1,335,000
Change: +27% · Conversion: Moderate
MEDICAL BUILDING
$1,270,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.50M (Jul 8 2022)
Last sale anchor
$1.50M
Jul 8 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
$217 / 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
$28,742
Tax year 2023
Assessed value
$1,195,000
Assessed 2023
Previous assessed
$1,024,980
+16.6% YoY
Effective rate
2.41%
On assessed value
Total market value
$1,195,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
6,620 SF
Lot
0.71 ac (30,928 SF)
Zoning code
GENERAL CO
APN
3420-753-0002-000-6
UPID
US18-4289199
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Zoning 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
Port Saint Lucie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL 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
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Mchemi Land LLC
Entity
Mailing address
1965 NEWMARK CIR SW, VERO BEACH, FL 32968-6711
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$1,500,000
Mchemi Land LLC
Wrightland INC
Warranty Deed
$2,550,000 · First Financial Bank
May 21, 2020
—
Wrighland INC
—
Deed
related
$400,000 · Centerstate Bank NA
Dec 23, 2019
$875,000
Wrightland INC
Tcd Realty LLC
Warranty Deed
—
Nov 6, 2013
—
Longhorn Properties INC
Sa-pg Operator Holdings LLC
Quit Claim Deed
related
—
Mar 4, 2004
$975,000
Tcd Realty LLC
Hillmoor Properties LLC
Grant Deed
$1,360,000 · Harbor Fsb
Oct 17, 2002
—
Hillmoor Properties LLC
—
Trustees Deed
related
$1,143,000 · Riverside National Bank Fl
Sep 13, 2002
—
Hillmoor Properties LLC
Thomas Jm Sims & Assoc INC
Quit Claim Deed
related
—
Aug 1, 2002
$730,000
Hillmoor Properties LLC
Sims,thomas M & Marilyn
Grant Deed
$657,000 · Riverside National Bank Fl
Dec 19, 2000
$165,000
Thomas M Sims
Hca Hospital Corp Of America
Grant Deed
$123,750 · Harbor Fsb
—
—
Tcd Realty LLC
—
Deed Of Trust
related
$392,000 · Harbor Community Bank
—
—
Tcd Realty LLC
—
Deed Of Trust
related
$250,000 · Harbor Fsb
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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