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Property profile & analytics
FOR LEASE
Warehouses
405 Angle Rd Fort Pierce, FL 34947
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4549514
For Lease
1 / 26
$18 SF/Yr
405 Angle Rd, Fort Pierce, FL 34947
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1957
Construction
CONCRETE BLOCKS
Total area
6,348 SF
Lot
0.53 ac (23,087 SF)
Zoning code
INDUSTRIAL
APN
2408-213-0007-000-1
UPID
US18-4549514
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
$510k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$809k
Blend (final)
Blend
$625k
Owner & transaction history
405 Angle LLC · 2 yrs held
405 Angle LLC
since 2023
Last sale
$658,000
3 recorded transactions
Zoning & alternative use
INDUSTRIAL · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$915,000
+18.8%
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
$515,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$770,000
Current use
INDUSTRIAL (GENERAL)
$915,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $658k (Oct 2 2023)
Last sale anchor
$658k
Oct 2 2023
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
$6,319
Tax year 2023
Assessed value
$612,500
Assessed 2023
Previous assessed
$166,300
+268.3% YoY
Effective rate
1.03%
On assessed value
Assessed land
$57,700
Assessed improvement
$554,800
Land market value
$57,700
Improvement market value
$554,800
Total market value
$612,500
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
For Lease
Year built
1957
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Rooms
5
Total area
6,348 SF
Lot
0.53 ac (23,087 SF)
Zoning code
INDUSTRIAL
APN
2408-213-0007-000-1
UPID
US18-4549514
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
$770,000
INDUSTRIAL (GENERAL)
Est. value
$915,000
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
1957
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
5
Lot
0.53 ac
Current owner
From public records · entity-resolved
405 Angle LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1570 SE 8TH ST, DEERFIELD BEACH, FL 33441-5828
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Nov 5, 2024
—
405 Angle LLC
—
Deed
related
$939,000 · Truist Bank
Oct 2, 2023
$658,000
405 Angle LLC
Andrew J Alonso
Warranty Deed
—
Apr 21, 2015
—
Andrew J Alonso
Alonso Andrew J
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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