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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Medical Office Space
218 Atlanta Ave Stuart, FL 34994-2034
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4694929
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1913
Construction
FRAME
Total area
3,226 SF
Lot
0.31 ac (13,504 SF)
APN
05-38-41-011-003-00160-0
UPID
US18-4694929
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
-
Dr. Deborah A. DeMarta Physician Medical Clinic
-
Institute of Health & Wellness Spa & Massage Center Alternative Medicine Practice
-
Restorative Beauty & Wellness Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$1.31M
Owner & transaction history
218 Sw Atlanta LLC · 5 yrs held
218 Sw Atlanta LLC
since 2021
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$865,000
+12.7%
Commercial (general)
$790,000
+2.8%
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 Stuart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stuart 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
$1,305,000
ML approach
$1,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$865,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.50M (Jun 28 2021)
Last sale anchor
$1.50M
Jun 28 2021
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
$406 / 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
$21,860
Tax year 2023
Assessed value
$1,307,770
Assessed 2023
Previous assessed
$1,016,190
+28.7% YoY
Effective rate
1.67%
On assessed value
Assessed land
$743,040
Assessed improvement
$564,730
Land market value
$743,040
Improvement market value
$564,730
Total market value
$1,307,770
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1913
Construction
FRAME
Heating
YES
Cooling
YES
Stories
2
Rooms
1
Bathrooms
3
Total area
3,226 SF
Lot
0.31 ac (13,504 SF)
APN
05-38-41-011-003-00160-0
UPID
US18-4694929
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$790,000
RETAIL STORES
COMMERCIAL (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
1913
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
218 Sw Atlanta LLC
Entity
Mailing address
PO BOX 1620, TEMPE, AZ 85280-1620
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
$1,500,000
218 Sw Atlanta LLC
Louis Paul Benson
Warranty Deed
—
—
—
Louis P Benson
—
Deed Of Trust
related
$100,000 · First Union National 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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