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Property profile & analytics
OFF-MARKET
Retail space
2950 Edwards Rd, Fort Pierce, FL 34981-5209
Individually Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9561984
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
CONCRETE BLOCKS
Total area
1,040 SF
Lot
0.59 ac (25,700 SF)
Zoning code
COMM NEIGH
APN
2429-121-0024-000-9
UPID
US18-9561984
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
-
Tree Tops-The Treasure Coast Landscaping General Contractor
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
Indian River State College · 15 yrs held
Indian River State College
since 2010
5 recorded transactions
Zoning & alternative use
COMM NEIGH · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
Assessed value
$141,600
Assessed 2023
Previous assessed
$122,980
+15.1% YoY
Assessed land
$57,800
Assessed improvement
$83,800
Land market value
$57,800
Improvement market value
$83,800
Total market value
$141,600
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
1997
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
1,040 SF
Lot
0.59 ac (25,700 SF)
Zoning code
COMM NEIGH
APN
2429-121-0024-000-9
UPID
US18-9561984
Jurisdiction
ST LUCIE
Zoning & alternative use
COMM NEIGH · Fort Pierce, FL
Zoning COMM NEIGH · permitted uses
COMM NEIGH · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Indian River State College
Individual
Free & Clear · 15 yrs held
Mailing address
3209 VIRGINIA AVE, FORT PIERCE, FL 34981-5541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Dec 6, 2010
—
Indian River State College
Murquia,carlos
Grant Deed
related
—
Nov 23, 2010
$230,000
District Board Of Trustees/indian
Murquia,carlos
Warranty Deed
—
Oct 2, 2007
$350,000
Carlos Murquia
Etayem,yaser
Warranty Deed
$330,000 · Mya Corp Of Melbourne
Apr 3, 2006
$180,000
Yaser Etayem
Crossroads Property Mgmt LLC
Warranty Deed
—
Sep 17, 2004
$149,000
Crossroads Property Mgmt LLC
Tarr S A
Warranty Deed
$160,000 · Campi Joseph P Trust
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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