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Property profile & analytics
FOR SALE
Retail space
1901 Orange Ave Fort Pierce, FL 34950
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-1938276
For Sale
1 / 6
$275,000
1901 Orange Ave, Fort Pierce, FL 34950
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Construction
CONCRETE BLOCKS
Total area
1,155 SF
Lot
0.1 ac (4,444 SF)
Zoning code
GENERAL CO
APN
2409-702-0001-000-3
UPID
US18-1938276
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
-
Hot Deals grocery store Grocery & Convenience Store
-
Joe Zito Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Athanasios Bournas · 2 yrs held
Athanasios Bournas
since 2024
Last sale
$187,500
3 recorded transactions
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,638
Tax year 2023
Assessed value
$136,600
Assessed 2023
Previous assessed
$136,600
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$31,800
Assessed improvement
$104,800
Land market value
$31,800
Improvement market value
$104,800
Total market value
$136,600
Applied tax rate
9,022.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1951
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
1,155 SF
Lot
0.1 ac (4,444 SF)
Zoning code
GENERAL CO
APN
2409-702-0001-000-3
UPID
US18-1938276
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Athanasios Bournas
Individual
Free & Clear · 2 yrs held
Mailing address
139 SW HAWTHORNE CIR, PORT SAINT LUCIE, FL 34953-3524
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$187,500
Athanasios Bournas
Joseph B Zito
Warranty Deed
—
Aug 25, 2020
$70,000
Joseph B Zito
Abdeljebbar Elbakkari
Warranty Deed
—
Jan 31, 2012
$65,000
Elbakkari,abdeljebbar
Cristales,luis & Ada
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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