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Property profile & analytics
OFF-MARKET
Estimated value
$3,380,000
Automotive properties
229 Prt St Lucie Blvd Port Saint Lucie, FL 34984-5043
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5357896
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2021
Construction
CONCRETE BLOCKS
Total area
4,536 SF
Lot
1.44 ac (62,685 SF)
Zoning code
GENERAL CO
APN
3420-585-1198-000-8
UPID
US18-5357896
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
$3.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$3.38M
Owner & transaction history
Hurd Port St Lucie LLC · 3 yrs held
Hurd Port St Lucie LLC
since 2022
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
GENERAL CO · Port Saint Lucie, 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 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
$3,265,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.38M
Range $3.04M – $3.72M · ±10% · vs last sale $4.10M (Aug 18 2022)
Last sale anchor
$4.10M
Aug 18 2022
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
$745 / 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
$55,733
Tax year 2023
Assessed value
$2,395,000
Assessed 2023
Previous assessed
$1,624,500
+47.4% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,332,200
Assessed improvement
$1,062,800
Land market value
$1,332,200
Improvement market value
$1,062,800
Total market value
$2,395,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2021
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
8
Bathrooms
2
Total area
4,536 SF
Lot
1.44 ac (62,685 SF)
Zoning code
GENERAL CO
APN
3420-585-1198-000-8
UPID
US18-5357896
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Port Saint Lucie, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · 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.
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
1.44 ac
Current owner
From public records · entity-resolved
Hurd Port St Lucie LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2000 FULLER RD, WEST DES MOINES, IA 50265-5601
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
$4,100,000
Hurd Port St Lucie LLC
Cfcw Propco 229 LLC
Special Warranty Deed
—
Apr 8, 2021
$2,300,000
Cfcw Propco 229 LLC
M&m 229 St Lucie LLC
Special Warranty Deed
$8,670,000 · Truist Bank
Jun 3, 2019
$1,300,000
M&m 229 St Lucie LLC
229 Pslb LLC
Warranty Deed
$3,010,000 · Valley National Bank
Apr 11, 2016
$900,000
229 Pslb LLC
Biggs Family LLC
Warranty Deed
—
Jul 15, 2009
$363,000
Biggs Family LLC
Perry,yolanda
Warranty Deed
—
Dec 26, 2007
—
Yolanda Perry
Fast Food Ents 2 LLP
Quit Claim Deed
related
$170,000 · Albert & Abby Russo
Nov 5, 2007
—
Record Owner
Meringola,joseph
Grant Deed
related
—
Apr 15, 2003
$145,000
Joseph Meringola
Howard,jeanette L
Grant Deed
—
Dec 18, 1998
$69,900
Jeanette L Howard
Schulman Trust
Grant Deed
$63,000 · Seller
Apr 16, 1997
—
Robert L Schwieger
Schwieger,cynthia L
Quit Claim Deed
related
—
—
—
Jeanette L Howard
—
Deed Of Trust
related
$60,000 · Equifirst Corp
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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