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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Warehouses
1971 Biltmore St Port Saint Lucie, FL 34984-4388
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0850657
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
METAL FRAME
Total area
5,000 SF
Lot
0.57 ac (25,000 SF)
Zoning code
CS SERVIC
APN
3420-560-2423-000-5
UPID
US18-0850657
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
$625k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$616k
Blend (final)
Blend
$625k
Owner & transaction history
1971 Sw Biltmore LLC · 3 yrs held
1971 Sw Biltmore LLC
since 2023
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+66.2%
Medical building
$950,000
+56.2%
Office building
$890,000
+46.6%
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
$610,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$605,000
Current use
RETAIL STORES
$1,010,000
Change: +66% · Conversion: Moderate
MEDICAL BUILDING
$950,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$890,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$720,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $800k (Mar 14 2023)
Last sale anchor
$800k
Mar 14 2023
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
$125 / 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
$11,621
Tax year 2023
Assessed value
$589,900
Assessed 2023
Previous assessed
$369,000
+59.9% YoY
Effective rate
1.97%
On assessed value
Assessed land
$175,000
Assessed improvement
$414,900
Land market value
$175,000
Improvement market value
$414,900
Total market value
$589,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
7
Bathrooms
4
Total area
5,000 SF
Lot
0.57 ac (25,000 SF)
Zoning code
CS SERVIC
APN
3420-560-2423-000-5
UPID
US18-0850657
Jurisdiction
ST LUCIE
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Zoning 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
Port Saint Lucie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$605,000
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$950,000
OFFICE BUILDING
Est. value
$890,000
INDUSTRIAL (GENERAL)
Est. value
$720,000
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1988
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
1971 Sw Biltmore LLC
Entity
Mailing address
12461 S INDIAN RIV DR, JENSEN BEACH, FL 34957-2215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2023
$800,000
1971 Sw Biltmore LLC
Florida Land And Farm Holdings INC
Warranty Deed
$350,000 · Florida Land And Farm Holdings INC
Mar 22, 2021
—
H&m Treasure Coast LLC
—
Deed
related
$190,000 · South State Bank National Association
Apr 16, 2020
—
Florida Land & Farm Hldgs INC
Florida Land
Quit Claim Deed
related
—
Mar 9, 2020
$218,100
Florida Land & Farm Hldgs INC
We Care Of The Treasure C Coc
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Aug 18, 2009
$230,000
We Care Of Treasure Coast INC
Culligan Of Florida INC
Grant Deed
$192,000 · First Peoples Bank
Aug 1, 2002
$255,000
Culligan Of Florida INC
Ladwig Holdings INC
Grant Deed
—
Oct 9, 1998
$200,000
Ladwig Holdings INC
Dunton,vaughn R & Virginia C
Grant Deed
related
$180,000 · Individual
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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