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Property profile & analytics
OFF-MARKET
Estimated value
$8,930,000
Investment properties
4890 Okeechobee Rd, Fort Pierce, FL 34947-5418
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-4568009
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
86,676 SF
Lot
8.01 ac (348,916 SF)
Zoning code
GENERAL CO
APN
2419-122-0001-010-7
UPID
US18-4568009
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
-
EGP Inc Department Store
-
Kyocera Southeast Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.11M
Blend (final)
Blend
$8.93M
Owner & transaction history
Ftpa Storage Ft Pierce LLC · 11 yrs held
Ftpa Storage Ft Pierce LLC
since 2014
5 recorded transactions
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.3M
+56.9%
Medical building
$12.7M
+49.4%
Retail stores
$9.8M
+15.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,480,000
Current use
AUTO REPAIR, GARAGE
$13,305,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$12,670,000
Change: +49% · Conversion: Easy
RETAIL STORES
$9,780,000
Change: +15% · Conversion: Easy
RESTAURANT
$9,605,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$9,205,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$8.93M
Range $8.04M – $9.82M · ±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
$103 / 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
$175,075
Tax year 2023
Assessed value
$8,799,000
Assessed 2023
Previous assessed
$5,463,653
+61.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$2,442,400
Assessed improvement
$6,356,600
Land market value
$2,442,400
Improvement market value
$6,356,600
Total market value
$8,799,000
Applied tax rate
22.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
86,676 SF
Lot
8.01 ac (348,916 SF)
Zoning code
GENERAL CO
APN
2419-122-0001-010-7
UPID
US18-4568009
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$13.3M
MEDICAL BUILDING
Est. value
$12.7M
RETAIL STORES
Est. value
$9.8M
RESTAURANT
Est. value
$9.6M
OFFICE BUILDING
Est. value
$9.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
10
Bathrooms
1
Lot
8.01 ac
Current owner
From public records · entity-resolved
Ftpa Storage Ft Pierce LLC
Entity
Mailing address
215 E 58TH ST FL #4, NEW YORK, NY 10022-1214
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2017
—
Ftpa Storage Ft Pierce LLC
—
Deed
related
$14,950,000 · Bankunited Fsb
Nov 17, 2014
—
Ftpa Storage Ft Pierce LLC
Pineapple Mini Storage LLC
Quit Claim Deed
related
—
Nov 17, 2014
$3,500,000
Ftpa Storage Ft Pierce LLC
Wtc LLC
Grant Deed
—
—
—
Ftpa Storage Ft Pierce LLC|ftpa Storage Pensacola
—
Deed Of Trust
related
$4,160,000 · Bankunited Fsb
—
—
Ftpa Storage Ft Pierce LLC
—
Loan Modification
related
$14,950,000 · Bankunited Fsb
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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