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    30971 Ave A A Big Pine Key, FL 33043-4801
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    Property profile & analytics

    30971 Ave A A, Big Pine Key, FL 33043-4801

    View on Map
    • Retail space
    • 2,271 SF
    • 0.08 lot acres
    Off-Market
    Property ID
    US18-3703164
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 30971 Ave A A

    Year built
    1993
    Lot size
    0.08 lot acres
    Property type
    Retail space
    APN
    00111320-002400
    APU
    111320002400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 1, 2022 — Kevbec Ventures LLC — Deed · related $489k · Truist Bank
    Dec 4, 2019 $560,000 Conch Republic Hsng Alliance L Harris Johnson Corp Warranty Deed —
    — — Harris Johnson Corp — Deed Of Trust · related $238k · Augusta Gammon
    — — Harris Johnson Corp — Deed Of Trust · related $200k · Marine Bank Florida Keys

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Pine Key
    County
    Monroe
    State
    Florida
    Longitude
    -81.3486
    Latitude
    24.67
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN 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
    $4,853
    $324,146
    $205,408
    $529,554
    -
    $324,146
    $205,408
    $529,554

    Comparable in this City

    • Value Estimation
      $1,785,000
      10,658 SF

      30401 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      30401 Overseas Hwy, Big Pine Key, FL 33043-3412
      View Details
    • Value Estimation
      $595,000
      3,000 SF

      31000 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      31000 Overseas Hwy, Big Pine Key, FL 33043
      View Details
    • Value Estimation by Request
      1,600 SF

      29842 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      29842 Overseas Hwy, Big Pine Key, FL 33043-3313
      View Details
    • Value Estimation
      $520,000
      2,484 SF

      29675 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      29675 Overseas Hwy, Big Pine Key, FL 33043-3300
      View Details
    • Value Estimation
      $785,000
      4,500 SF

      30360 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      30360 Overseas Hwy, Big Pine Key, FL 33043-3352
      View Details
    • Value Estimation by Request
      2,196 SF

      29770 Overseas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      29770 Overseas Hwy, Big Pine Key, FL 33043-3364
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,250 SF

      High-Visibility Commercial Property on Overseas Highway

      Commercial property with 5,250 SF retail space on 35,475 SF land.
      30330 Overseas Hwy, Big Pine Key, FL 33043
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    • $3,100,000
      5,250 SF

      High-Visibility Commercial Property in Big Pine

      Prime commercial property with high traffic and income potential.
      30330 Overseas Hwy, Big Pine Key, FL 33043
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    • Contact for pricing
      8,810 SF

      NNN Leased Property in Keys

      100% NNN leased property with a national A-rated tenant.
      30251 Overseas Hwy, Big Pine Key, FL 33043
      View Details
    • $120,000
      0.09 Acres

      Land Parcel Off US-1

      Commercial land parcel with high visibility and accessibility.
      Vacant Land, Big Pine Key, FL 33043
      View Details
    • $1,395,000
      2.29 Acres

      Waterfront Land on Big Pine Key

      Rare 2.29-acre waterfront property with bay bottom.
      1261 Avenue A, Big Pine Key, FL 33043
      View Details
    • $195,000
      0.05 Acres

      ROGO Exempt Lot in Florida

      Build immediately on this ROGO-exempt lot in Big Pine Key.
      29859 Overseas Hwy, Big Pine Key, FL 33043
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      1,440 SF

      Big Pine Key Office Space

      Renovated office space on Overseas Highway in Big Pine Key.
      29872 Overseas Hwy, Big Pine Key, FL 33043
      View Details
    • $4,500 /Mo
      2,436 SF

      Turnkey Office Space on U.S.-1

      Finished office building for lease with high visibility.
      31031 Avenue A, Big Pine Key, FL 33043
      View Details
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    Big Pine Key, FL 33043-4801
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    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
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