Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4109 Salerno Rd Stuart, FL 34997-8822

    • Commercial land
    • 12,050 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-7313130
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Labor Finders Stuart / Employment Agency

    Property Details for 4109 Salerno Rd

    Year built
    1991
    Lot size
    0.28 lot acres
    Property size
    12,050 SF
    Property type
    Commercial land
    APN
    51-38-41-001-039-00070-9
    APU
    513841001039000709

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $360,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $592,000
      Market price range: $592k - $2.81M
      AI Estimate
      $552,000
      Market price range: $552k - $2.38M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.1993
    Latitude
    27.1455
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,708
    $102,425
    $0.00
    $102,425
    -
    $102,425
    $0.00
    $102,425

    Comparable in this City

    • Value Estimation
      $1,105,000
      0.33 Acres

      5453 Grouper Ave

      VACANT COMMERCIAL LAND • 28,500 SF
      5453 Grouper Ave, Stuart, FL 34997
      View Details
    • Value Estimation
      $1,125,000
      0.68 Acres

      Birch Ave At Se Bonita St

      VACANT COMMERCIAL LAND • 29,500 SF
      Birch Ave At Se Bonita St, Stuart, FL 34997
      View Details
    • Value Estimation
      $1,400,000
      3.95 Acres

      6655 Kanner Hwy

      VACANT COMMERCIAL LAND • 6,570 SF
      6655 Kanner Hwy, Stuart, FL 34997-7461
      View Details
    • Value Estimation by Request
      0.22 Acres

      Sese Cv Rd

      VACANT COMMERCIAL LAND • 9,768 SF
      Sese Cv Rd, Stuart, FL 34997
      View Details
    • Value Estimation by Request
      0.19 Acres

      Westfield St

      VACANT COMMERCIAL LAND • 6,750 SF
      Westfield St, Stuart, FL 34997
      View Details
    • Value Estimation by Request
      3.20 Acres

      3390 Salerno Rd

      VACANT COMMERCIAL LAND • 3.20 Acres
      3390 Salerno Rd, Stuart, FL 34997-6719
      View Details

    Similar Nearby for Sale

    • $2,750,000
      9 SF

      Prime Development Site on Kanner

      9.80-acre development site approved for diverse uses.
      South Kanner Hwy, Stuart, FL 34997
      View Details
    • Contact for pricing

      Prime Commercial Land For Sale

      3.20 acres of commercial land in high-traffic area.
      3390 SE Salerno Rd, Stuart, FL 34997
      View Details
    • $1,987,600
      2.38 Acres

      Multifamily Property Approved and Surveyed

      Approved and surveyed multifamily property near I-95 and waterfront restaurants.
      1500 SE Cove Rd, Stuart, FL 34997
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flex Condo Unit For Rent

      Versatile flex space in Stuart's industrial corridor, near I-95.
      7814 SW Jack James Dr, Stuart, FL 34997
      View Details
    • $7,500 /Mo

      Fenced Storage Lot with Office

      0.92-acre fenced storage lot with 986 SF office space.
      2201 SE Indian St, Stuart, FL 34997
      View Details
    • $24 SF/Yr
      9,000 SF

      Prime Retail Space, US-1

      Turnkey Nail Salon, High Traffic
      6366 Federal Hwy, Stuart, FL 34997
      View Details
    • Contact for pricing
      1,050 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a Publix-anchored shopping center.
      6526-6590 S Kanner Hwy, Stuart, FL 34997
      View Details
    • Contact for pricing
      1,072 SF

      Industrial Flex Space For Rent

      1,072 SF industrial flex space available for rent.
      7803 SW Ellipse Way, Stuart, FL 34997
      View Details
    • Contact for pricing
      4,600 SF

      Industrial Space in Stuart, Florida

      Industrial warehouse space available for lease in Stuart, Florida.
      8160 SW Jack James Dr, Stuart, FL 34997
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4109 Salerno Rd
    Stuart, FL 34997-8822
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!