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Property profile & analytics
OFF-MARKET
Estimated value
$6,515,000
Community centers
5407 Overseas Hwy, Marathon, FL 33050-2710
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3530059
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1997
Total area
50,549 SF
Lot
4.54 ac (197,730 SF)
APN
00103750-000000
UPID
US18-3530059
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
-
Publix Pharmacy at Marathon Pharmacy
-
Primo Water Refill Big Box & Wholesale Store
-
Publix Super Market at Marathon Specialty Food Shop Supermarket
-
Western Union Bank Credit Union
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.52M
Owner & transaction history
Real Sub LLC · 3 yrs held
Real Sub LLC
since 2023
Last sale
$6.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.4M
+162.2%
Retail stores
$8.6M
+139.8%
Industrial (general)
$8.3M
+132.1%
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 Marathon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marathon 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
$6,175,000
ML approach
$6,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,415,000
Change: +162% · Conversion: Difficult
RETAIL STORES
$8,610,000
Change: +140% · Conversion: Easy
INDUSTRIAL (GENERAL)
$8,335,000
Change: +132% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,630,000
Change: +113% · Conversion: Easy
WAREHOUSE, STORAGE
$7,150,000
Change: +99% · Conversion: Difficult
Blend value · Realmo final
$6.52M
Range $5.86M – $7.17M · ±10% · vs last sale $6.45M (Feb 6 2023)
Last sale anchor
$6.45M
Feb 6 2023
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
$129 / 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
$92,930
Tax year 2023
Assessed value
$6,534,311
Assessed 2023
Previous assessed
$6,534,311
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$2,076,165
Assessed improvement
$4,458,146
Land market value
$2,076,165
Improvement market value
$4,458,146
Total market value
$6,534,311
Applied tax rate
50.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1997
Heating
NONE
Buildings
2
Stories
3
Total area
50,549 SF
Lot
4.54 ac (197,730 SF)
APN
00103750-000000
UPID
US18-3530059
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$9.4M
RETAIL STORES
Est. value
$8.6M
INDUSTRIAL (GENERAL)
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$7.6M
WAREHOUSE, STORAGE
Est. value
$7.2M
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1997
Heating
NONE
Stories
3
Buildings
2
Lot
4.54 ac
Current owner
From public records · entity-resolved
Real Sub LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 407, LAKELAND, FL 33802-0407
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
$6,450,000
Real Sub LLC
Biosphere Properties INC
Warranty Deed
—
Feb 6, 2023
—
Real Sub LLC
Biosphere Properties INC
Assignment Of Lease (leasehold Sale)
—
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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