Add Listing
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

    3165 Mapp Rd Palm City, FL 34990-3328

    • Retail space
    • 3,980 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    $960,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1171772
    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

    • Sherwin-Williams Paint Store / Hardware & Home Improvement / Building Supply

    Property Details for 3165 Mapp Rd

    Year built
    2017
    Lot size
    0.45 lot acres
    Property size
    3,980 SF
    Property type
    Retail space
    APN
    17-38-41-001-037-00100-8
    APU
    173841001037001008

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,220,000
      6.5%
      $1,125,000
      7%
      $1,045,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $733,000
      Market price range: $227k - $784k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,075,000
      Current use
      MEDICAL BUILDING
      $950,000
      Change: -12% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $905,000
      Change: -16% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm City
    County
    Martin
    State
    Florida
    Longitude
    -80.269
    Latitude
    27.1663
    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
    $13,051
    $271,030
    $604,230
    $875,260
    -
    $271,030
    $604,230
    $875,260

    Comparable in this City

    • Value Estimation by Request
      1,352 SF

      925 Martin Downs Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,352 SF
      925 Martin Downs Blvd, Palm City, FL 34990-2815
      View Details
    • Value Estimation
      $835,000
      4,796 SF

      1296 34th St

      RETAIL STORES (PERSONAL SERVICES) • 4,796 SF
      1296 34th St, Palm City, FL 34990-3308
      View Details
    • Value Estimation
      $580,000
      3,600 SF

      2625 Mapp Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      2625 Mapp Rd, Palm City, FL 34990-2798
      View Details
    • Value Estimation by Request
      1,246 SF

      1060 Martin Downs Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,246 SF
      1060 Martin Downs Blvd, Palm City, FL 34990-2818
      View Details
    • Value Estimation
      $1,095,000
      6,235 SF

      1105 Martin Downs Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,235 SF
      1105 Martin Downs Blvd, Palm City, FL 34990-2858
      View Details
    • Value Estimation by Request
      2,568 SF

      1299 34th St

      RETAIL STORES (PERSONAL SERVICES) • 2,568 SF
      1299 34th St, Palm City, FL 34990-3307
      View Details

    Similar Nearby for Sale

    • $895,000

      Shell Gas Station For Sale

      Gas station with food mart and carwash for sale.
      Confidential, Palm City, FL 34990
      View Details
    • $160,000

      Profitable Car Wash Business Opportunity

      Established car wash business for sale in high-traffic location.
      1155 SW Martin Downs Blvd, Palm City, FL 34990
      View Details
    • Contact for pricing
      4.50 Acres

      Prime I-95 Commercial Land

      4.5-7.8 Acres, Palm City, FL
      & I-95 Martin Hwy, Palm City, FL 34990
      View Details
    • $1,200,000
      10.00 Acres

      Palm City Equestrian Dream Property

      10-acre residential land ideal for equestrian dream home.
      000 54Th Ave, Palm City, FL 34990
      View Details
    • $2,000,000
      20.50 Acres

      Palm City Residential Land Development

      20.5 Acres, Prime Location, $2M
      0 Parkside Dr, Palm City, FL 34990
      View Details
    • $198,500
      Pending

      Vacant Lot in Palm City

      Prime .25-acre lot in desirable Seagate Harbor community.
      532 SW Marion Ct, Palm City, FL 34990
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,446 SF

      Retail Space in Palm City

      Retail space with high visibility and accessibility in Palm City.
      3228 SW Martin Downs Blvd, Palm City, FL 34990
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Palm City

      Retail space anchored by Cleveland Clinic and national retailers.
      3078-3120 SW Martin Downs Blvd, Palm City, FL 34990
      View Details
    • $1,785 /Mo
      650 SF

      Palm City Commercial End Unit

      Recently renovated end unit suitable for office or retail use.
      1133 SW Martin Downs Blvd, Palm City, FL 34990
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in Palm City

      Retail property with high visibility and strong demographics.
      3036-3066 SW Martin Downs Blvd, Palm City, FL 34990
      View Details
    • $72 SF/Yr
      6,235 SF

      Palm City Executive Office Suite

      Turnkey Office, 100 SF, Utilities Included
      1111 Martin Downs Blvd, Palm City, FL 34990
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      2.8k
    • Avg Time on site
      32 min
    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.
    3165 Mapp Rd
    Palm City, FL 34990-3328
    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.
    Sign Up Successful!
    You now have access to more from Realmo!