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Property profile & analytics
OFF-MARKET
Estimated value
$3,140,000
Manufacturing properties
2155 Settle Ave Port Saint Lucie, FL 34986-3228
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2500346
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Construction
CONCRETE BLOCKS
Total area
25,750 SF
Lot
1.86 ac (81,022 SF)
Zoning code
IN-PSL
APN
3315-701-0009-000-1
UPID
US18-2500346
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
$2.80M
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$3.14M
Owner & transaction history
Psl 2155 LLC · 1 yrs held
Psl 2155 LLC
since 2025
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
IN-PSL · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.2M
+29.6%
Medical building
$4.9M
+21.8%
Office building
$4.6M
+14.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,025,000
6.5%
$2,795,000
7%
$2,595,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,010,000
Current use
RETAIL STORES
$5,195,000
Change: +30% · Conversion: Moderate
MEDICAL BUILDING
$4,885,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$4,585,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.83M – $3.45M · ±10% · vs last sale $3.63M (Nov 11 2024)
Last sale anchor
$3.63M
Nov 11 2024
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
$122 / 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
$42,338
Tax year 2023
Assessed value
$2,525,200
Assessed 2023
Previous assessed
$1,190,004
+112.2% YoY
Effective rate
1.68%
On assessed value
Assessed land
$485,300
Assessed improvement
$2,039,900
Land market value
$485,300
Improvement market value
$2,039,900
Total market value
$2,525,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
25,750 SF
Lot
1.86 ac (81,022 SF)
Zoning code
IN-PSL
APN
3315-701-0009-000-1
UPID
US18-2500346
Jurisdiction
ST LUCIE
Zoning & alternative use
IN-PSL · Port Saint Lucie, FL
Zoning IN-PSL · permitted uses
IN-PSL · 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
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
RETAIL STORES
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
2003
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Psl 2155 LLC
Entity
Mailing address
2675 S BROCKSMITH RD, FORT PIERCE, FL 34945-4410
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
$3,625,000
Psl 2155 LLC
Mpp Settic LLC
Warranty Deed
$2,700,000 · Mpp Settle LLC
Jul 2, 2019
—
Mpp Settle LLC
—
Deed
related
$600,000 · Centerstate Bk NA
Jan 3, 2017
—
Mpp Settle LLC
Mcgee Professional Props LLC
Warranty Deed
—
Apr 5, 2013
—
Professional Properties Mcgee
Fcb Fp Commercial Holdings LLC
Grant Deed
related
—
Mar 11, 2013
$560,000
Professional Properties Mcgee
Fbc Fp Commercial Holdings LLC
Grant Deed
—
May 2, 2012
—
Fcb Fp Commercial Holdings LLC
Treasure Coast Holdings INC
Quit Claim Deed
related
—
Apr 9, 2012
—
Fcb Fp Commercial Holdings LLC
Treasure Coast Holdings INC
Quit Claim Deed
related
—
Oct 20, 2011
$260,000
Bruce C Wood
Vincente Living Trust
Warranty Deed
—
Nov 19, 2010
—
Treasure Coast Holdings INC
Jura Unlimited INC Coc
Trustees Deed
related
—
May 11, 2010
—
Raphael Vincente
Jura Unlimited INC
Quit Claim Deed
related
—
Aug 14, 2002
—
Jura Unlimited INC
—
Trustees Deed
related
$847,500 · First Peoples Bank
—
—
Jura Unlimited INC
—
Deed Of Trust
related
$200,000 · First Peoples Bank
—
—
Mpp Settle LLC
—
Loan Modification
related
$600,000 · Centerstate Bk NA
—
—
Jura Unlimited INC
—
Deed Of Trust
related
$25,000 · First Peoples Bank
—
—
Jura Unlimited INC
—
Deed Of Trust
related
$968,126 · First Peoples Bank
—
—
Professional Properties Mcgee
—
Deed Of Trust
related
$600,000 · Centerstate Bk/fl
—
—
Jura Unlimited INC
—
Deed Of Trust
related
$25,000 · First Peoples Bank
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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