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Property profile & analytics
OFF-MARKET
Estimated value
$3,780,000
Community centers
3800 Dixie Hwy 21, Stuart, FL 34997-6055
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-4301482
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Total area
23,985 SF
Lot
2.63 ac (114,563 SF)
APN
37-38-41-007-005-01780-2
UPID
US18-4301482
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
-
Importico's Bakery Cafe' Bakery Specialty Food Shop
-
Goodwill Stuart Donation Center (Dixie) Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.07M
CAP Approach
CAP
$4.94M
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$3.78M
Owner & transaction history
Boulder City Building LLC · 6 yrs held
Boulder City Building LLC
since 2020
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.7M
+63.0%
Retail stores
$5.6M
+60.4%
Industrial (general)
$3.8M
+7.7%
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 Stuart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stuart 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
$3,940,000
ML approach
$4,070,000
CAP Approach
CAP Return
Estimation
6%
$5,355,000
6.5%
$4,940,000
7%
$4,590,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,505,000
Current use
MEDICAL BUILDING
$5,715,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$5,620,000
Change: +60% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,775,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,445,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$3.78M
Range $3.40M – $4.16M · ±10% · vs last sale $3.50M (Mar 31 2020)
Last sale anchor
$3.50M
Mar 31 2020
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
$158 / 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
$55,263
Tax year 2023
Assessed value
$3,308,200
Assessed 2023
Previous assessed
$3,151,050
+5.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$435,340
Assessed improvement
$2,872,860
Land market value
$435,340
Improvement market value
$2,872,860
Total market value
$3,308,200
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
YES
Stories
1
Rooms
2
Bathrooms
16
Total area
23,985 SF
Lot
2.63 ac (114,563 SF)
APN
37-38-41-007-005-01780-2
UPID
US18-4301482
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$5.7M
RETAIL STORES
Est. value
$5.6M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (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
1980
Heating
NONE
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
16
Lot
2.63 ac
Current owner
From public records · entity-resolved
Boulder City Building LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 1797, STUART, FL 34995-1797
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2020
—
Boulder City Builder LLC
—
Deed
related
$2,000,000 · Bokf NA
Mar 31, 2020
$3,500,000
Boulder City Building LLC
Ted Glasrud Associates Fl LLC
Grant Deed
—
Dec 5, 2000
$1,350,000
Ted Glasrud Associates Deland
Country Club Leasing Corp
Grant Deed
—
Dec 4, 2000
$900,000
Ted Glasrud Assoc Deland Fl
Preuss,werner J & Jutta
Grant Deed
—
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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