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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Warehouses
3200 Saint Lucie Blvd, Fort Pierce, FL 34946-6761
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-1287451
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
CONCRETE BLOCKS
Total area
20,000 SF
Lot
4.57 ac (199,069 SF)
Zoning code
INDUSTRIAL
APN
1428-702-1492-000-4
UPID
US18-1287451
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.64M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.97M
Owner & transaction history
Stb Runways End LLC · 11 yrs held
Stb Runways End LLC
since 2015
7 recorded transactions
Zoning & alternative use
INDUSTRIAL · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.5M
+3.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,855,000
6.5%
$2,635,000
7%
$2,445,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,430,000
Current use
INDUSTRIAL (GENERAL)
$2,525,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
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
$61,571
Tax year 2023
Assessed value
$3,907,000
Assessed 2023
Previous assessed
$2,566,025
+52.3% YoY
Effective rate
1.58%
On assessed value
Assessed land
$971,500
Assessed improvement
$2,935,500
Land market value
$971,500
Improvement market value
$2,935,500
Total market value
$3,907,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Total area
20,000 SF
Lot
4.57 ac (199,069 SF)
Zoning code
INDUSTRIAL
APN
1428-702-1492-000-4
UPID
US18-1287451
Jurisdiction
ST LUCIE
Zoning & alternative use
INDUSTRIAL · Fort Pierce, FL
Zoning INDUSTRIAL · permitted uses
INDUSTRIAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
4.57 ac
Current owner
From public records · entity-resolved
Stb Runways End LLC
Entity
Mailing address
3200 SAINT LUCIE BLVD, FORT PIERCE, FL 34946-6761
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
—
Islamorada Brewing Company LLC
—
Deed
related
$250,000 · Mr Liquor License LLC
May 17, 2017
—
Stb Runways End LLC
—
Deed
related
$1,980,000 · Mercantile Cap
Apr 28, 2015
$1,755,000
Stb Runways End LLC
Dcr Real Estate IV Sub I LLC
Special Warranty Deed
$1,312,500 · Dcr Mortgage IV Sub III LLC
Apr 28, 2015
—
Dcr Real Estate IV Sub I LLC
Dcr Mtg IV Sub I LLC
Quit Claim Deed
related
—
May 11, 2009
—
Dcr Mortgage IV Subi INC
Clerk Of Circuit Ct/st Lucie Cnty
Trustees Deed
related
—
Sep 21, 2007
—
St Lucie County
Runways End LLC
Warranty Deed
—
Sep 12, 2003
$140,000
Runways End LLC
Perini,dario
Quit Claim Deed
—
Aug 19, 2003
—
Jose D Ubilla
Fort Pierce City (fl)
Quit Claim Deed
related
—
Feb 6, 2001
$82,500
Jose D Ubilla
Fort Pierce Sand & Materials I
Grant Deed
—
—
—
Stb Runways End LLC
—
Deed Of Trust
related
$1,980,000 · Mercantile Cap
—
—
Stb Runways End LLC
—
Deed Of Trust
related
$1,386,000 · Mercantile Cap
—
—
Dcr Real Estate IV Sub I LLC
—
Deed Of Trust
related
$918,500 · Goldman Sachs Bank USA
—
—
Stb Runways End LLC
—
Deed Of Trust
related
$1,980,000 · Mercantile Cap
—
—
Stb Runways End LLC
—
Loan Modification
related
$1,419,000 · Mercantile Cap
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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