Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2788 Casella St Port Saint Lucie, FL 34953

    • Industrial properties
    • 1,250 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4340531
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 2788 Casella St

    Year built
    1993
    Lot size
    1.28 lot acres
    Property size
    1,250 SF
    Zone code
    CS SERVIC
    Property type
    Industrial properties
    APN
    3420-650-1033-000-3
    APU
    342065010330003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Saint Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.4093
    Latitude
    27.2617
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,978
    $782,800
    $20,900
    $803,700
    -
    $782,800
    $20,900
    $803,700

    Comparable in this City

    • Value Estimation by Request

      ±12,350 SF Warehouse

      12,350-square-foot warehouse on a 1.014-acre lot in Port St. Lucie
      2100 SW Conant Avenue, Port St Lucie, Florida 34953, Port St Lucie, FL 34953
      View Details
    • Value Estimation by Request
      1,150 SF

      2020 Hayworth Ave

      CONDOMINIUMS (INDUSTRIAL) • 1,150 SF
      2020 Hayworth Ave, Port Saint Lucie, FL 34953-2752
      View Details
    • Value Estimation by Request
      1,150 SF

      2028 Hayworth Ave

      CONDOMINIUMS (INDUSTRIAL) • 1,150 SF
      2028 Hayworth Ave, Port Saint Lucie, FL 34953-2752
      View Details
    • Value Estimation by Request
      1,150 SF

      2000 Hayworth Ave

      CONDOMINIUMS (INDUSTRIAL) • 1,150 SF
      2000 Hayworth Ave, Port Saint Lucie, FL 34953-2752
      View Details
    • Value Estimation
      $2,965,000
      19,745 SF

      2717 Edgarce St

      INDUSTRIAL (GENERAL) • 19,745 SF
      2717 Edgarce St, Port Saint Lucie, FL 34953
      View Details
    • Value Estimation
      $3,280,000
      30,012 SF

      2792 Fondura Rd

      INDUSTRIAL (GENERAL) • 30,012 SF
      2792 Fondura Rd, Port Saint Lucie, FL 34953-2714
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Port St. Lucie Industrial Property

      Industrial property available for sale in Port St. Lucie.
      12050 Sw SW Tom Mackie, Port St Lucie, FL 34953
      View Details
    • $339,000

      Leased Warehouse Unit For Sale

      1,225 SF leased warehouse unit with double street access.
      1256 SW Biltmore St, Port St Lucie, FL 34953
      View Details
    • $8,000,000
      9,838 SF

      Port St. Lucie Retail Plaza

      Prime retail plaza, gas station, high cap rate.
      1293 Del Rio Blvd, Port St. Lucie, FL 34953
      View Details
    • $299,999
      0.73 Acres

      Port St. Lucie Commercial Lots

      Three commercial lots available in Port St. Lucie, Florida.
      4123 SW Port St Lucie Blvd, Port St Lucie, FL 34953
      View Details
    • $114,000

      Port St. Lucie Land Parcel

      Land available in Port St. Lucie, Florida.
      1457 SW Edinburgh Dr, Port St Lucie, FL 34953
      View Details
    • $135,000

      Cleared Land in Excellent Location

      Two adjacent cleared lots available in prime location.
      3068 SW Port St Lucie Blvd, Port St Lucie, FL 34953
      View Details

    Similar Nearby for Lease

    • $1.77 SF/Yr
      10,000 SF

      Port St. Lucie Warehouse For Sale

      10,000 SF Warehouse, Ideal for Showroom
      1260 Industrial Blvd, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      101,992 SF

      Coco Vista Center Warehouse

      Port St. Lucie Warehouse, 101,992 SF
      464 Port St Lucie Blvd, Port St. Lucie, FL 34953
      View Details
    • Contact for pricing
      558,000 SF

      Tradition Commerce Park: Port St. Lucie

      Prime Industrial Space, Flexible Options
      0 Hegener Dr, Port St. Lucie, FL 34953
      View Details
    • $1,600 /Mo

      Office/Warehouse Space on Biltmore Street

      Office and warehouse space available in a prime location.
      1720 SW Biltmore St, Port St Lucie, FL 34953
      View Details
    • $20 SF/Yr
      703 SF

      Retail and Warehouse Spaces Available

      Retail and warehouse spaces available in Port St. Lucie, Florida.
      466 SW Port St Lucie Blvd, Port Saint Lucie, FL 34953
      View Details
    • Contact for pricing
      101,992 SF

      Coco Vista Center: Warehouse Space

      Prime Southeast Florida Warehouse, 101,992 sq ft.
      464 Port St Lucie Blvd, Port St. Lucie, FL 34953
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2788 Casella St
    Port Saint Lucie, FL 34953
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.