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451 SW Bethany Dr, Port St Lucie, FL 34986
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Property summary
AI-generated overview
This exceptional 1,876 square foot office space is located at 451 SW Bethany Dr, Unit #203, Port St. Lucie, FL 34986, within a 21,000 square foot, two-story building constructed in 2006. The unit is a corner suite offering excellent visibility directly off St. Lucie West Blvd, with prominent pylon and building signage opportunities. The layout includes three private offices and two large open areas, easily adaptable to create four additional offices, classrooms, or therapy rooms, providing flexibility for a variety of professional uses. Abundant natural light fills the space through large windows in every office. A dedicated IT/storage room is also included. This traditional, executive, and creative office space is perfect for businesses seeking high visibility and a versatile layout in a multi-tenant building situated in St. Lucie County. The property is classified as Office, Special Purpose.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Construction
CONCRETE BLOCKS
Total area
19,872 SF
Lot
1.5 ac (65,338 SF)
APN
3323-912-0002-000-5
UPID
US18-5561889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.80M
CAP Approach
CAP
$4.12M
Comparable Approach
Comparable
$4.80M
Blend (final)
Blend
$3.69M
Owner & transaction history
since 2025
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$5.2M
+47.1%
Neighborhood: shopping center
$4.5M
+26.9%
Retail stores
$4.0M
+13.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.69M
Value range
$3.32M – $4.05M
±10% around blend
Estimated value / SF
$185 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$3.32M
blend $3.69M
$4.05M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,872 SF
Lot area
1.5 ac
Year built
2006
Stories
2
APN
3323-912-0002-000-5
Assessed value
$4,768,100
Annual tax
$89,859
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.12M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.47M
@ 6.5% CAP return
$4.12M
@ 7% CAP return
$3.83M
4
Sales comparison
Partial preview
Sales approach indication
$4.80M
Range $2.46M – $5.59M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.69M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 178 sales
$178
+4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $185/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+47%
vs current-use indication
Neighborhood: Shopping Center
Retail Stores
Medical Building
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
7.30%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.30%
9.0%
NOI (est.)
$301k *
Last sale · Jun 2025
$4.30M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.12M
Move the market yield to see immediate price impact.
Value / SF
$207
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.80%7.30%7.80%
$271k
$3.98M
$3.71M
$3.47M
$301k
$4.43M
$4.12M
$3.86M
$331k
$4.87M
$4.54M
$4.24M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$89,859
Tax year 2023
Assessed value
$4,768,100
Assessed 2023
Previous assessed
$2,966,590
+60.7% YoY
Effective rate
1.88%
On assessed value
Assessed land
$686,000
Assessed improvement
$4,082,100
Land market value
$686,000
Improvement market value
$4,082,100
Total market value
$4,768,100
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
2006
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
9
Total area
19,872 SF
Lot
1.5 ac (65,338 SF)
APN
3323-912-0002-000-5
UPID
US18-5561889
Jurisdiction
ST LUCIE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
9
Lot
1.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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