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Property profile & analytics
FOR SALE
Manufacturing properties
4431 SE Commerce Ave Stuart, FL 34997
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3227709
For Sale
1 / 2
$3,350,000
4431 SE Commerce Ave, Stuart, FL 34997
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2010
Total area
9,822 SF
Lot
1.02 ac (44,301 SF)
APN
52-38-41-301-000-00210-7
UPID
US18-3227709
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
-
Bonadeo Boatworks (Bike/Boat/Book/etc) Store Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.57M
Owner & transaction history
4431 Commerce LLC · 4 yrs held
4431 Commerce LLC
since 2022
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+51.3%
Retail stores
$2.3M
+48.9%
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
$1,205,000
ML approach
$1,235,000
CAP Approach
CAP Return
Estimation
6%
$2,180,000
6.5%
$2,015,000
7%
$1,870,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,545,000
Current use
MEDICAL BUILDING
$2,340,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$2,300,000
Change: +49% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,435,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,410,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.80M (May 20 2022)
Last sale anchor
$1.80M
May 20 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
$159 / 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
$23,865
Tax year 2023
Assessed value
$1,428,630
Assessed 2023
Previous assessed
$716,158
+99.5% YoY
Effective rate
1.67%
On assessed value
Assessed land
$124,000
Assessed improvement
$1,304,630
Land market value
$124,000
Improvement market value
$1,304,630
Total market value
$1,428,630
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
2010
Heating
NONE
Stories
1
Total area
9,822 SF
Lot
1.02 ac (44,301 SF)
APN
52-38-41-301-000-00210-7
UPID
US18-3227709
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2010
Heating
NONE
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
4431 Commerce LLC
Entity
Mailing address
3090 SE SLATER ST, STUART, FL 34997-5725
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
May 20, 2022
$1,800,000
4431 Commerce LLC
Deelarryus IV LLC
Warranty Deed
$1,300,000 · Lawrence Bonadeo Trust
Apr 16, 2009
$210,000
Deelarryus IV LLC
Ocean City Dev Co INC
Warranty Deed
—
Apr 16, 2009
—
Ocean City Dev Co INC
Russell B Jennings INC
Quit Claim Deed
related
—
Jan 28, 2009
—
Ocean City Dev INC
Russell B Jennings INC
Quit Claim Deed
related
—
Apr 21, 2008
$400,000
Russell B Jennings INC
C & T Realty LLC
Warranty Deed
—
Sep 10, 2004
$300,000
C & T Realty LLC
Sps Commercial Center INC
Warranty Deed
$240,000 · Suntrust Bank NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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