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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4745 Desoto Ave Stuart, FL 34997-6809

    • Investment properties
    • 9,288 SF
    • 0.68 lot acres
    OFF-MARKET
    Last Sale
    Apr 06, 2021
    $3,050,000
    Value Estimations
    $2,445,000
    Show details
    Cap Rate Potential
    4.8%
    Investment properties
    Location Intelligence
    Property ID
    US18-4272058
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • So Very Fairy / Hair Salon
    • Stuart Sailing Charters, LLC / Boating Instructor / Event Management Company
    • Salerno Excursions - Sightseeing, Sandbar, Sunset Cruises / Boat Tour Agency
    • Sail Surprise Inc / Boat Tour Agency / Boat Rental Service
    • OM Shack / Yoga Studio

    Property Details for 4745 Desoto Ave

    Year built
    1972
    Lot size
    0.68 lot acres
    Property size
    9,288 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    51-38-41-001-068-00120-8
    APU
    513841001068001208

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,615,000
      ML approach
      $2,485,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,090,000
      6.5%
      $1,930,000
      7%
      $1,790,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,167,000
      Market price range: $457k - $2.17M
      AI Estimate
      $1,834,000
      Market price range: $426k - $1.83M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,215,000
      RETAIL STORES
      $2,175,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stuart
    County
    Martin
    State
    Florida
    Longitude
    -80.1964
    Latitude
    27.1468
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,123
    $550,010
    $2,072,385
    $2,622,395
    -
    $550,010
    $2,072,385
    $2,622,395

    Comparable in this City

    • Value Estimation
      $955,000
      5,218 SF

      4080 Salerno Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,218 SF
      4080 Salerno Rd, Stuart, FL 34997-8819
      View Details
    • Value Estimation
      $2,995,000
      18,000 SF

      2700 Gay St

      OFFICE/RESIDENTIAL (MIXED USE) • 18,000 SF
      2700 Gay St, Stuart, FL 34997-5911
      View Details
    • Value Estimation
      $775,000
      3,558 SF

      2424 Indian St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,558 SF
      2424 Indian St, Stuart, FL 34997-5046
      View Details
    • Value Estimation by Request
      1.90 Acres

      5445 Kanner Hwy

      Mixed-use properties • 1.90 Acres
      5445 Kanner Hwy, Stuart, FL 34997
      View Details
    • Value Estimation by Request
      1,075 SF

      3790 Salerno Rd

      Mixed-use properties • 1,075 SF
      3790 Salerno Rd, Stuart, FL 34997
      View Details
    • Value Estimation by Request
      3,100 SF

      7186 Quiet River Ct

      Retirement homes • 3,100 SF
      7186 Quiet River Ct, Stuart, FL 34997
      View Details

    Similar Nearby for Sale

    • $1,300,000
      Pending

      Wells Fargo Ground Lease Opportunity

      NNN Wells Fargo ground lease with corporate guarantee and escalations.
      5547 SE Federal Hwy, Stuart, FL 34997
      View Details
    • $1,750,000
      1.90 Acres

      Prime Stuart Mixed-Use Land

      1.9 Acres, High Traffic, Investment Potential
      5445 Kanner Hwy, Stuart, FL 34997
      View Details
    • $1,500,000
      1.36 Acres

      Prime Stuart Apartment Site

      28-Unit Development Opportunity in Florida
      0 Kanner Hwy, Stuart, FL 34997
      View Details
    • Contact for pricing

      Stuart Industrial Space - Great Location

      Prime Stuart industrial space, perfect for business or storage.
      3050 Dominica Ter, Stuart, FL 34997
      View Details
    • $354,570
      1,338 SF

      Stuart Flex Space: Prime Location

      1,338 SF Flex Space, Vacant, $354,570
      7867 Ellipse Way, Stuart, FL 34997
      View Details
    • $1,500,000
      1,288 SF

      Prime Stuart Flex Space Investment

      1,288 SF Flex Space, $1.5M
      66 Salerno Rd, Stuart, FL 34997
      View Details

    Similar Nearby for Lease

    • $125,000
      43,560 SF

      Prime Stuart Land - 1 Acre

      High-traffic retail land, build-to-suit option.
      5932 Federal Hwy, Stuart, FL 34997
      View Details
    • $6,077 /Mo
      430,896 SF

      Stuart, FL Commercial Unit

      Spacious commercial unit in high-traffic area, ready for custom buildout.
      3202 SE Federal Hwy, Stuart, FL 34997
      View Details
    • $1,700 /Mo

      Retail Space in High-Traffic Area

      Corner retail unit in well-maintained plaza with high visibility.
      6386 SE Federal Hwy, Stuart, FL 34997
      View Details
    • $38 SF/Yr
      2,000 SF

      Retail Space in Stuart, Florida

      Retail space available in a developing commercial area.
      6801 S Kanner Hwy, Stuart, FL 34997
      View Details
    • $1,250 /Mo
      49,005 SF

      Stuart Office Space For Lease

      Air-conditioned 1,500 SF office space available for immediate lease.
      3163 500Sf, Stuart, FL 34997
      View Details
    • Contact for pricing
      480 SF

      Stuart Salon Suites for Lease

      Modern Suites, Prime Stuart Location
      6091 Federal Hwy, Stuart, FL 34997
      View Details
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    Stuart, FL 34997-6809
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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