Technical
Financial
Distress signals
Property profile

516 Fleming St Key West, FL 33040

OFF-MARKET
Industrial properties
Property ID
US18-8687095
1,768 SF 0.02 ac lot Built 1960
Entity Owned 4-yr Hold
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1960
Total area 1,768 SF
Lot 0.02 ac (966 SF)
APN 00009530-000000
UPID US18-8687095

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

516 Fleming St Key West, FL 33040-6882
Key West metro Census 972400 KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2022
Last sale
$1.4M
5 recorded transactions
2022
$1.4M
2020
$1.3M
2017
Price N/A
2007
$680,000
2003
$515,000

Zoning & alternative use

Top alternative use upside
Retail stores $1.2M +42.3%
Office building $895,000 +3.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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