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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail space
441 Sebastian Blvd Sebastian, FL 32958-4552
Individually Owned
21-yr Hold
Free & Clear
Property ID
US18-3673428
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,260 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-512
APN
31-38-12-00004-4900-00021.0
UPID
US18-3673428
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
-
Thrift Shop - Humane Society - Sebastian Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.02M
Owner & transaction history
Humane Society Of Vero Bch & Indi · 21 yrs held
Humane Society Of Vero Bch & Indi
since 2005
6 recorded transactions
Zoning & alternative use
C-512 · Sebastian, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-512 District is established to implement comprehensive plan policies for managing land designated for commercial development along segments of C.R. 512.
Zone name
Commercial 512
General category
COMMERCIAL
Zone area
36.45 ac
Source
Realmo
Top alternative use upside
Office building
$1.6M
+6.7%
Auto repair, garage
$1.6M
+2.4%
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 Sebastian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastian 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%
$1,165,000
6.5%
$1,075,000
7%
$995,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,540,000
Current use
OFFICE BUILDING
$1,645,000
Change: +7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,575,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10%
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
$140 / 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
$2,595
Tax year 2023
Assessed value
$615,717
Assessed 2023
Previous assessed
$617,449
-0.3% YoY
Effective rate
0.42%
On assessed value
Assessed land
$132,887
Assessed improvement
$482,830
Land market value
$132,887
Improvement market value
$482,830
Total market value
$615,717
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
7,260 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-512
APN
31-38-12-00004-4900-00021.0
UPID
US18-3673428
Jurisdiction
INDIAN RIVER
Zoning & alternative use
C-512 · Sebastian, FLZoning C-512 · permitted uses
C-512 · Sebastian, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-512 District is established to implement comprehensive plan policies for managing land designated for commercial development along segments of C.R. 512.
Zone name
Commercial 512
General category
COMMERCIAL
Zone area
36.45 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Humane Society Of Vero Bch & Indi
Individual
Free & Clear · 21 yrs held
Mailing address
6230 77TH ST, VERO BEACH, FL 32967-5009
Ownership since
2005
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
Jul 1, 2005
—
Humane Society Of Vero Bch & Indi
Smith,sherman N III
Grant Deed
—
May 3, 2005
$1,030,000
Smith Sherman N III Tr
Howard Ents INC
Warranty Deed
—
Aug 5, 2003
$688,000
Howard Enterprises INC
Rohm,glen
Grant Deed
$520,000 · First Nat'l Bk & Tr Treasure C
Aug 9, 2000
$105,000
Glen Rohm
Ierna,paul & Karen
Grant Deed
—
—
—
Glen Rohm
—
Deed Of Trust
related
$420,000 · Indian River National Bank
—
—
Glen Rohm
—
Deed Of Trust
related
$500,000 · Harbor Fsb
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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