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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Industrial properties
2735 Overseas Hwy, Marathon, FL 33050-2240
Entity Owned
Free & Clear
Property ID
US18-4048595
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1953
Total area
6,852 SF
Lot
0.43 ac (18,650 SF)
APN
00321440-000000
UPID
US18-4048595
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
-
City Electric Supply Marathon Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.01M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.46M
Owner & transaction history
Schwitalla Corporation
Schwitalla Corporation
since 2026
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.4M
+17.3%
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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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
$1,920,000
ML approach
$2,010,000
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,455,000
7%
$1,350,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,005,000
Current use
WAREHOUSE, STORAGE
$2,350,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,760,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.50M (Jul 27 2020)
Last sale anchor
$1.50M
Jul 27 2020
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
$213 / 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
$10,015
Tax year 2023
Assessed value
$1,121,854
Assessed 2023
Previous assessed
$945,611
+18.6% YoY
Effective rate
0.89%
On assessed value
Assessed land
$616,849
Assessed improvement
$505,005
Land market value
$616,849
Improvement market value
$505,005
Total market value
$1,121,854
Applied tax rate
50.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Stories
2
Total area
6,852 SF
Lot
0.43 ac (18,650 SF)
APN
00321440-000000
UPID
US18-4048595
Jurisdiction
MONROE
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
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1953
Heating
FORCED AIR
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Schwitalla Corporation
Entity
Free & Clear · 0 yrs held
Mailing address
400 S RECORD ST, DALLAS, TX 75202-4806
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2026
—
Schwitalla Corporation
Richards Douglas
Deed
—
Dec 19, 2023
—
City Electric Supply Company
—
Deed
related
$17,400,000 · Capital One Bank NA
Jul 27, 2020
—
City Of Marathon
Douglas L Richards
Warranty Deed
—
Jul 27, 2020
$1,500,000
City Electric Supply Co
Douglas L Richards
Warranty Deed
—
Dec 27, 2018
$1,150,000
Douglas L Richards
Windswept INC
Warranty Deed
$69,000 · Wauchula State Bank
May 1, 2000
$400,000
Windswept INC
Curlee Trust
Grant Deed
—
Jun 1, 1981
$150,000
Daphne S Curlee
Marathon,boat Yd INC
Warranty Deed
related
$50,000
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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