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Property profile & analytics
FOR SALE
Office buildings
2108 Orange Ave Fort Pierce, FL 34950
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1287450
For Sale
1 / 4
$1,400,000
2108 Orange Ave, Fort Pierce, FL 34950
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
WOOD
Total area
862 SF
Lot
0.51 ac (22,000 SF)
Zoning code
GENERAL CO
APN
2409-605-0010-000-1
UPID
US18-1287450
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
-
Tropic Towing & Automotive Auto Repair Shop
-
Lifesafer Ignition Interlock Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Inversiones Willdel & Asociados INC · 2 yrs held
Inversiones Willdel & Asociados INC
since 2023
Last sale
$870,000
7 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
Method
Estimation
Statistic approach
$685,000
ML approach
$725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $870k (Jul 26 2023)
Last sale anchor
$870k
Jul 26 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
$911 / 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
$4,359
Tax year 2023
Assessed value
$157,500
Assessed 2023
Previous assessed
$157,500
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$157,300
Assessed improvement
$200
Land market value
$157,300
Improvement market value
$200
Total market value
$157,500
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1961
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
862 SF
Lot
0.51 ac (22,000 SF)
Zoning code
GENERAL CO
APN
2409-605-0010-000-1
UPID
US18-1287450
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
1961
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Inversiones Willdel & Asociados INC
Entity
Mailing address
4700 NW 72ND AVE, MIAMI, FL 33166-5617
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
$870,000
Inversiones Willdel & Asociados INC
Joseph G Miller
Warranty Deed
$696,000 · Joseph G Miller Living Trust
Mar 16, 2023
$340,000
Joseph G Miller
Tri County Realty Holdings LLC
Warranty Deed
—
Jan 20, 2021
$320,000
Tri County Realty Holdings LLC
Investments Evergreen
Grant Deed
$120,000 · Evergreen Inv & Acqui LLC
Apr 23, 2015
$108,000
Evergreen Investments & Acquis
Wells Fargo Bk NA
Grant Deed
—
Aug 30, 2012
—
Fargo Bk NA Wells
Holmes,robert S Coc
Trustees Deed
related
—
Jan 30, 2004
$47,900
James D Brooks
Brooks,james D
Grant Deed
related
—
Jan 30, 2004
$175,000
Dimony Holdings INC
Brooks,james D
Grant Deed
related
$140,000 · James D Brooks
Aug 5, 1998
$25,000
James D Brooks
Kicliter,harry J
Grant Deed
—
—
—
Dimoney Holdings INC
—
Deed Of Trust
related
$500,000 · Wachovia Bank NA
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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