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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Commercial land
2140 Palm Ave Saint James City, FL 33956
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3115242
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.24 ac (10,498 SF)
Zoning code
C-1
APN
02-46-22-05-00494.0160
UPID
US18-3115242
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
-
Pine Island Jet Ski Tours Tour Operator (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Melanie Maltese · 1 yrs held
Melanie Maltese
since 2025
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
C-1 · Saint James City, 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 Saint James City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint James City 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
$555,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $600k (Jan 23 2025)
Last sale anchor
$600k
Jan 23 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
—
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
$5,648
Tax year 2023
Assessed value
$412,303
Assessed 2023
Previous assessed
$412,303
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$398,399
Assessed improvement
$13,904
Land market value
$398,399
Improvement market value
$13,904
Total market value
$412,303
Applied tax rate
7.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.24 ac (10,498 SF)
Zoning code
C-1
APN
02-46-22-05-00494.0160
UPID
US18-3115242
Jurisdiction
LEE
Zoning & alternative use
C-1 · Saint James City, FL
Zoning C-1 · permitted uses
C-1 · Saint James City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint James City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Melanie Maltese
Individual
Free & Clear · 1 yrs held
Mailing address
5315 S 930TH E, WOLCOTTVILLE, IN 46795-9793
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
$600,000
Melanie Maltese
Ryan Fiechter
Warranty Deed
—
Nov 2, 2021
$400,000
Sherri Fiechter
Joshua Fiechter
Warranty Deed
related
—
Jun 21, 2021
$400,000
Joshua Fiechter
Harold D Bruner
Warranty Deed
—
Nov 16, 2011
$530,000
Harold D Bruner
Trussell,ray
Warranty Deed
—
Apr 1, 2010
$550,000
Ray Trussell
Bruner,harold D & Deborah K
Warranty Deed
$530,000 · Harold D & Deborah K Bruner
Jun 17, 2004
$495,000
Harold D Bruner
Larkin,richard S
Grant Deed
$200,000 · Richard S Larkin
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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