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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Warehouses
4410 Prosperity Dr Fort Pierce, FL 34981-4701
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4871012
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Construction
CONCRETE BLOCKS
Total area
6,548 SF
Lot
1.98 ac (86,249 SF)
Zoning code
LIGHT INDU
APN
2431-506-0008-000-9
UPID
US18-4871012
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
-
Traffic Management Solutions, Inc General Contractor
-
Ron Kendall Masonry Inc General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$730k
Owner & transaction history
4410 Prosperity Dr LLC · 3 yrs held
4410 Prosperity Dr LLC
since 2022
Last sale
$730,000
6 recorded transactions
Zoning & alternative use
LIGHT INDU · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+46.6%
Industrial (general)
$945,000
+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
$750,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$860,000
7%
$800,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$795,000
Current use
OFFICE BUILDING
$1,165,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$945,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $730k (Nov 14 2022)
Last sale anchor
$730k
Nov 14 2022
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
$111 / 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
$22,744
Tax year 2023
Assessed value
$889,900
Assessed 2023
Previous assessed
$667,480
+33.3% YoY
Effective rate
2.56%
On assessed value
Assessed land
$408,500
Assessed improvement
$481,400
Land market value
$408,500
Improvement market value
$481,400
Total market value
$889,900
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
2010
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
2
Units
3
Total area
6,548 SF
Lot
1.98 ac (86,249 SF)
Zoning code
LIGHT INDU
APN
2431-506-0008-000-9
UPID
US18-4871012
Jurisdiction
ST LUCIE
Zoning & alternative use
LIGHT INDU · Fort Pierce, FL
Zoning LIGHT INDU · permitted uses
LIGHT 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
$795,000
OFFICE BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$945,000
WAREHOUSE, STORAGE Current
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
2010
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Lot
1.98 ac
Current owner
From public records · entity-resolved
4410 Prosperity Dr LLC
Entity
Free & Clear · 3 yrs held
Mailing address
16 MANDALAY RD, SEWALLS POINT, FL 34996-7010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 14, 2022
—
4410 Prosperity Dr LLC
Traffic Management Solutions LLC
Quit Claim Deed
related
—
Mar 28, 2017
—
Traffic Mgmt Solutions INC
—
Deed
related
$1,460,000 · Bankunited Fsb
Aug 4, 2015
$730,000
Traffic Management Solutions I
Fm Properties Of Treasure Coast I
Warranty Deed
—
Jan 14, 2005
$258,000
F M Props Of Treasure Coast INC
Drawdy,troy W
Warranty Deed
—
Dec 27, 2002
$314,000
T Drawdy
Hendry,tr
Grant Deed
—
—
—
Traffic Mgmt Solutions INC
—
Deed Of Trust
related
$1,460,000 · Bankunited 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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