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Property profile & analytics
OFF-MARKET
Retail space
281 Sebastian Blvd Sebastian, FL 32958-4616
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US19-0765672
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,000 SF
Lot
0.48 ac (20,909 SF)
Zoning code
C-512
APN
31-38-12-00004-4900-00060.0
UPID
US19-0765672
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
-
American Auto Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
American Anto Glass INC · 11 yrs held
American Anto Glass INC
since 2015
4 recorded transactions
Zoning & alternative use
C-512 · Sebastian, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-512 District is established to implement comprehensive plan policies for managing land designated for commercial development along segments of C.R. 512.
Zone name
Commercial 512
General category
COMMERCIAL
Zone area
36.45 ac
Source
Realmo
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 Sebastian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastian 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,523
Tax year 2023
Assessed value
$221,563
Assessed 2023
Previous assessed
$222,658
-0.5% YoY
Effective rate
2.04%
On assessed value
Assessed land
$98,194
Assessed improvement
$123,369
Land market value
$98,194
Improvement market value
$123,369
Total market value
$221,563
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,000 SF
Lot
0.48 ac (20,909 SF)
Zoning code
C-512
APN
31-38-12-00004-4900-00060.0
UPID
US19-0765672
Jurisdiction
INDIAN RIVER
Zoning & alternative use
C-512 · Sebastian, FLZoning C-512 · permitted uses
C-512 · Sebastian, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-512 District is established to implement comprehensive plan policies for managing land designated for commercial development along segments of C.R. 512.
Zone name
Commercial 512
General category
COMMERCIAL
Zone area
36.45 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
American Anto Glass INC
Entity
Mailing address
13135 79TH ST, FELLSMERE, FL 32948-6251
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2015
$200,000
American Anto Glass INC
Joel Alan Kea
Warranty Deed
$160,000 · Pnc Bank NA
Nov 4, 2011
$149,000
Joel A Kea
Us Bank NA 2007-3
Grant Deed
$124,000 · Lynch Barbara B Trust (pt)
Mar 22, 2011
—
Us Bank NA 2007-3
Witherby,david E & Jennilee Coc
Trustees Deed
related
—
—
—
Joel A Kea
—
Deed Of Trust
related
$90,058 · Lynch Barbara B Trust (pt)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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