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Property profile & analytics
OFF-MARKET
Estimated value
$2,995,000
Investment properties
2700 Gay St Stuart, FL 34997-5911
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US18-4164969
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Total area
18,000 SF
Lot
1.72 ac (74,836 SF)
APN
52-38-41-000-000-00610-7
UPID
US18-4164969
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
$3.74M
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$3.00M
Owner & transaction history
Sps Commercial Center INC · 26 yrs held
Sps Commercial Center INC
since 2000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.3M
+65.9%
Retail stores
$4.2M
+63.2%
Industrial (general)
$2.8M
+9.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,050,000
6.5%
$3,740,000
7%
$3,470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,585,000
Current use
MEDICAL BUILDING
$4,290,000
Change: +66% · Conversion: Easy
RETAIL STORES
$4,220,000
Change: +63% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,835,000
Change: +10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,630,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.00M
Range $2.70M – $3.29M · ±10%
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
$166 / 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
$33,660
Tax year 2023
Assessed value
$1,947,400
Assessed 2023
Previous assessed
$1,594,403
+22.1% YoY
Effective rate
1.73%
On assessed value
Assessed land
$748,200
Assessed improvement
$1,199,200
Land market value
$748,200
Improvement market value
$1,199,200
Total market value
$1,947,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1976
Heating
NONE
Cooling
YES
Stories
1
Rooms
2
Bathrooms
10
Total area
18,000 SF
Lot
1.72 ac (74,836 SF)
APN
52-38-41-000-000-00610-7
UPID
US18-4164969
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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
10
Lot
1.72 ac
Current owner
From public records · entity-resolved
Sps Commercial Center INC
Entity
Mailing address
3732 SE STARBOARD LN, STUART, FL 34997-6136
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2018
—
Couryllc
—
Deed
related
$275,000 · Seacoast Nat'l Bk
Mar 9, 2000
$3,425,000
Sps Commercial Center INC
Stuart Paint & Supply INC
Grant Deed
$2,568,750 · First Nat'l Bk & Tr Treasure C
—
—
Coury LLC
—
Deed Of Trust
related
$296,200 · First Nat'l Bk & Tr Treasure C
—
—
Coury LLC
—
Deed Of Trust
related
$350,000 · First Nat'l Bk & Tr Treasure C
—
—
Couryllc
—
Loan Modification
related
$275,000 · Seacoast Nat'l Bk
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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