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Property profile & analytics
OFF-MARKET
Estimated value
$8,580,000
Hospitals
4500 Midway Rd Fort Pierce, FL 34981-4823
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US18-4361351
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1997
Construction
CONCRETE BLOCKS
Total area
36,997 SF
Lot
23.56 ac (1,026,274 SF)
Zoning code
AR-1
APN
3406-501-0014-500-9
UPID
US18-4361351
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
-
New Horizons of the Treasure Coast Medical Clinic
-
New Horizon Physician
-
Terapia nico Physician
-
Jessica Visser Pediatrician Physician
-
Dr. Charles A. Buscema, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.70M
Comparable Approach
Comparable
$10.36M
Blend (final)
Blend
$8.58M
Owner & transaction history
St Lucie County · 29 yrs held
St Lucie County
since 1997
4 recorded transactions
Zoning & alternative use
AR-1 · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.7M
+38.0%
Neighborhood: shopping center
$8.4M
+19.0%
Retail stores
$7.5M
+6.4%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,345,000
6.5%
$7,700,000
7%
$7,150,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,020,000
Current use
AUTO REPAIR, GARAGE
$9,685,000
Change: +38% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,350,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$7,465,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$6,590,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$8.58M
Range $7.72M – $9.44M · ±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
$232 / 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
$542
Tax year 2023
Assessed value
$6,750,300
Assessed 2023
Previous assessed
$5,029,310
+34.2% YoY
Effective rate
0.01%
On assessed value
Assessed land
$1,293,100
Assessed improvement
$5,457,200
Land market value
$1,293,100
Improvement market value
$5,457,200
Total market value
$6,750,300
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1997
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
36,997 SF
Lot
23.56 ac (1,026,274 SF)
Zoning code
AR-1
APN
3406-501-0014-500-9
UPID
US18-4361351
Jurisdiction
ST LUCIE
Zoning & alternative use
AR-1 · Fort Pierce, FLZoning AR-1 · permitted uses
AR-1 · Fort Pierce, FL
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
MEDICAL BUILDING Current
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.4M
RETAIL STORES
Est. value
$7.5M
OFFICE BUILDING
Est. value
$6.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1997
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Rooms
3
Bathrooms
2
Lot
23.56 ac
Current owner
From public records · entity-resolved
St Lucie County
Entity
Mailing address
4500 W MIDWAY RD, FORT PIERCE, FL 34981-4823
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 1997
—
St Lucie County
New Horizons Of Treasure Coast
Trustees Deed
related
—
—
—
New Horizons Of Treasure Coast In
—
Deed Of Trust
related
$2,500,000 · Riverside National Bank
—
—
New Horizons Of Treasure Coast In
—
Deed Of Trust
related
$1,000,000 · Riverside National Bank
—
—
New Horizons Of The Treasure
—
Deed Of Trust
related
$4,216,000 · Gulfstream Business Bank
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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