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Property profile & analytics
FOR SALE
Commercial land
450 SE Parrot Cir Stuart, FL 34997
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1361335
For Sale
1 / 4
$1,885,000
450 SE Parrot Cir, Stuart, FL 34997
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1995
Total area
636,000 SF
Lot
10.49 ac (456,944 SF)
APN
55-38-41-000-060-00030-6
UPID
US18-1361335
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
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Land America 225 LLC · 4 yrs held
Land America 225 LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,340,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $2.00M (Jun 23 2022)
Last sale anchor
$2.00M
Jun 23 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
$3 / 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
$24,808
Tax year 2023
Assessed value
$1,485,070
Assessed 2023
Previous assessed
$1,185,575
+25.3% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,485,070
Land market value
$1,485,070
Total market value
$1,485,070
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1995
Heating
NONE
Total area
636,000 SF
Lot
10.49 ac (456,944 SF)
APN
55-38-41-000-060-00030-6
UPID
US18-1361335
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
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
10.49 ac
Current owner
From public records · entity-resolved
Land America 225 LLC
Entity
Mailing address
101 PUGLIESES WAY, DELRAY BEACH, FL 33444-3761
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2022
$2,000,000
Land America 225 LLC
C & C Rv Resort LLC
Special Warranty Deed
—
Jan 31, 2022
—
C J Greenlees INC
—
Deed
related
$1,700,000 · Charles J Greenlees Etux
Apr 5, 2011
$500,000
C & C Rv Resort LLC
Rbc Bank USA
Special Warranty Deed
$400,000 · Camden Group I LLC
May 19, 2010
—
Rbc Bk USA
Kanner Prof Centre INC Coc
Trustees Deed
related
—
Jul 14, 2005
$1,500,000
Kanner Professional Centre INC
C & N Holdings INC
Warranty Deed
$1,500,000 · Harbor Fsb
—
—
Kanner Professional Centre INC
—
Deed Of Trust
related
$1,900,000 · Indian River National Bank
—
—
Kanner Professional Centre INC
—
Deed Of Trust
related
$170,000 · Rbc Bank (usa)
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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