Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Warehouses
3798 Selvitz Rd Fort Pierce, FL 34981-4723
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0738058
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
CONCRETE BLOCKS
Total area
7,396 SF
Lot
39.71 ac (1,729,768 SF)
Zoning code
HEAVY INDU
APN
2429-331-0003-000-1
UPID
US19-0738058
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
-
Insurance Auto Auction Trade Show Venue (Bike/Boat/Book/etc) Store
-
IAA Fort Pierce Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$940k
Owner & transaction history
Wild Rentals LLC · 2 yrs held
Wild Rentals LLC
since 2024
Last sale
$4,000
6 recorded transactions
Zoning & alternative use
HEAVY INDU · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+66.2%
Medical building
$1.4M
+56.2%
Office building
$1.3M
+46.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$900,000
Current use
RETAIL STORES
$1,495,000
Change: +66% · Conversion: Moderate
MEDICAL BUILDING
$1,405,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$1,315,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,065,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $4k (Jun 18 2024)
Last sale anchor
$4k
Jun 18 2024
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
$127 / 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
$55,545
Tax year 2023
Assessed value
$2,856,900
Assessed 2023
Previous assessed
$2,856,900
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$2,537,600
Assessed improvement
$319,300
Land market value
$2,537,600
Improvement market value
$319,300
Total market value
$2,856,900
Applied tax rate
22.0000
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
2000
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
8
Bathrooms
2
Total area
7,396 SF
Lot
39.71 ac (1,729,768 SF)
Zoning code
HEAVY INDU
APN
2429-331-0003-000-1
UPID
US19-0738058
Jurisdiction
ST LUCIE
Zoning & alternative use
HEAVY INDU · Fort Pierce, FL
Zoning HEAVY INDU · permitted uses
HEAVY INDU · 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
$900,000
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
2000
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
39.71 ac
Current owner
From public records · entity-resolved
Wild Rentals LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3121 S INDIAN RIV DR, FORT PIERCE, FL 34982-7746
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$4,000
Wild Rentals LLC
Insurance Auto Auctions Corp
Special Warranty Deed
—
Oct 6, 2023
$10,493,700
Insurance Auto Auctions Corp
Bht Of Florida 11189 LLC
Special Warranty Deed
—
Aug 29, 2019
—
Bht Of Florida 11189 LLC
—
Deed
related
$1,350,000 · Mrw Annuity Trust I (ct)
Jun 11, 2018
$1,825,000
Bht Of Florida 11189 LLC
Cargill Juice N America INC
Grant Deed
$1,350,000 · Mrw Annuity Trust I (ct)
Oct 6, 2003
$2,932,900
Cargil Citro-america INC
Sunpure Ltd
Grant Deed
—
—
—
Bht Of Florida 11189 LLC
—
Loan Modification
related
$1,350,000 · Mrw Annuity Trust I (ct)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3798 Selvitz Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
