Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4891 Us Hwy 1st 1 Fort Pierce, FL 34946-7316

    • Hotels
    • 2,014 SF
    • 2.54 lot acres
    OFF-MARKET
    Last Sale
    Aug 18, 2022
    $2,100,000
    Value Estimations
    $2,170,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1262285
    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

    • Hotels

    Property Details for 4891 Us Hwy 1st 1

    Year built
    1958
    Construction
    CONCRETE BLOCKS
    Lot size
    2.54 lot acres
    Property size
    2,014 SF
    Zone code
    COMM GENRA
    Property type
    Hotels
    Property subtype
    Motels
    APN
    1417-132-0002-000-3
    APU
    141713200020003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,160,000
      ML approach
      $2,315,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Pierce
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.3575
    Latitude
    27.5225
    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
    $34,130
    $166,000
    $1,597,800
    $1,763,800
    -
    $166,000
    $1,597,800
    $1,763,800

    Comparable in this City

    • Value Estimation by Request
      5,037 SF

      1921 Us Hwy 1st 1

      HOTEL/MOTEL • 5,037 SF
      1921 Us Hwy 1st 1, Fort Pierce, FL 34946-1449
      View Details
    • Value Estimation by Request
      3,216 SF

      3455 Us Hwy 1st 1

      HOTEL/MOTEL • 3,216 SF
      3455 Us Hwy 1st 1, Fort Pierce, FL 34946-8479
      View Details
    • Value Estimation by Request

      4891 Fort Pierce Blvd

      Motels
      4891 Fort Pierce Blvd, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      1,400 SF

      6509 St Lucie Blvd

      Flex space • 1,400 SF
      6509 St Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      672 SF

      4106 Us Highway 1

      Distribution properties • 672 SF
      4106 Us Highway 1, Fort Pierce, FL 34946
      View Details
    • Value Estimation by Request
      0.06 Acres

      St Lucie Blvd

      INDUSTRIAL (GENERAL) • 0.06 Acres
      St Lucie Blvd, Fort Pierce, FL 34946
      View Details

    Similar Nearby for Sale

    • $2,800,000

      Prime Fort Pierce Motel Investment

      25-Key Motel, High ROI, Updated 2023
      4891 Fort Pierce Blvd, Fort Pierce, FL 34946
      View Details
    • $115,000

      Fort Pierce Warehouse: $115K

      Prime Industrial Warehouse, 0.32 Acres
      0 Shawnee Ave, Fort Pierce, FL 34946
      View Details
    • $39,000

      Residential Lots Near Indrio Savannahs

      Two residential lots near Indrio Savannahs Preserve.
      140 Huber Dr, Fort Pierce, FL 34946
      View Details
    • $2,950,000

      9.8 Acres Zoned Commercial General

      9.8 acres with public utilities and concept plans.
      6285 N Old Dixie Hwy, Fort Pierce, FL 34946
      View Details
    • Contact for pricing
      0.18 Acres

      Corner Lot Near Downtown

      High and dry lot near downtown, beaches, and shopping.
      4401 Juanita Ave, Fort Pierce, FL 34946
      View Details
    • $1,980,000
      3.03 Acres

      Fort Pierce Corner Commercial Land

      3.03 acre corner lot ideal for retail development.
      2700 N Kings Hwy, Fort Pierce, FL 34946
      View Details

    Similar Nearby for Lease

    • $0.75 SF/Yr
      6,000 SF

      Fort Pierce Industrial Flex Space

      5 Acres, 6,000 SF Building, Ample Parking
      3462 Us Highway 1, Fort Pierce, FL 34946
      View Details
    • $2,200,000
      59,677 SF

      Fort Pierce Office/Warehouse Opportunity

      11,476 sq. ft. Class B office building for rent.
      3030 N 25Th St, Fort Pierce, FL 34946
      View Details
    • $38 SF/Yr
      4,648 SF

      Fort Pierce Commercial Property

      Highway 1 Automotive Dealership Opportunity
      3535 Old Dixie Hwy, Fort Pierce, FL 34946
      View Details
    • $1.93 SF/Yr
      21,019 SF

      Renovated Industrial Building with Fenced Yards

      Light industrial building with office space, overhead doors, fenced yards.
      2700 Industrial Avenue 3, Fort Pierce, FL 34946
      View Details
    • $1,000 /Mo
      25,000 SF

      Office Space at Commerce Center

      Office spaces available in Fort Pierce, Florida.
      3250 Saint Lucie Blvd, Fort Pierce, FL 34946
      View Details
    • $15,000 /Mo

      Prime Land Near Airport

      1.1-acre commercial land parcel near airport, ideal for various businesses.
      5299 St. Lucie Blvd, Fort Pierce, FL 34946
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4891 Us Hwy 1st 1
    Fort Pierce, FL 34946-7316
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.