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Property profile & analytics
OFF-MARKET
Estimated value
$4,770,000
Office Spaces
3250 Candice Ave Jensen Beach, FL 34957-3959
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4281759
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1979
Total area
29,510 SF
Lot
1.6 ac (69,696 SF)
APN
22-37-41-000-000-00387-3
UPID
US18-4281759
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
-
Webmark Studios LLC Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Blue Water Music Studio Tutoring Service
-
Indian River Point Marina Association, Inc. Charitable Organization Social Service Agency
-
Linda Brousseau Realty Real Estate Agency
-
Mi Creations & Events Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.42M
CAP Approach
CAP
$6.13M
Comparable Approach
Comparable
$6.40M
Blend (final)
Blend
$4.77M
Owner & transaction history
Southern Stai Self Storage Airports · 4 yrs held
Southern Stai Self Storage Airports
since 2022
Last sale
$4.2M
3 recorded transactions
Zoning & alternative use
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 Jensen Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jensen Beach 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
$4,905,000
ML approach
$4,415,000
CAP Approach
CAP Return
Estimation
6%
$6,640,000
6.5%
$6,130,000
7%
$5,690,000
Blend value · Realmo final
$4.77M
Range $4.29M – $5.25M · ±10% · vs last sale $4.20M (Mar 25 2022)
Last sale anchor
$4.20M
Mar 25 2022
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
$162 / 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
$60,435
Tax year 2023
Assessed value
$3,621,550
Assessed 2023
Previous assessed
$2,726,724
+32.8% YoY
Effective rate
1.67%
On assessed value
Assessed land
$404,240
Assessed improvement
$3,217,310
Land market value
$404,240
Improvement market value
$3,217,310
Total market value
$3,621,550
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
YES
Stories
1
Rooms
2
Bathrooms
7
Total area
29,510 SF
Lot
1.6 ac (69,696 SF)
APN
22-37-41-000-000-00387-3
UPID
US18-4281759
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
7
Lot
1.6 ac
Current owner
From public records · entity-resolved
Southern Stai Self Storage Airports
Individual
Mailing address
10190 KATY FWY STE #370, HOUSTON, TX 77043-5239
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2022
$4,200,000
Southern Stai Self Storage Airports
Jensen Beach Storage LLC
Special Warranty Deed
$2,520,000 · Citi Real Estate Funding INC
Dec 13, 2019
$2,700,000
Jensen Beach Storage LLC
Emma H Johnson
Warranty Deed
$2,175,000 · Sabal Capital II LLC
—
—
Kenneth R Middleton
—
Deed Of Trust
related
$460,000 · Fidelity Fsb Florida
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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