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Property profile & analytics
OFF-MARKET
Estimated value
$10,160,000
Industrial properties
5586 Hwy 1st 101 Palm Shores, FL 32940-7356
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6711025
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2021
Construction
FRAME
Total area
2,385 SF
Lot
6.85 ac (298,386 SF)
Zoning code
AG
APN
26-37-30-DS-00000.0-0003.06
UPID
US18-6711025
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.16M
Owner & transaction history
Storsafe Of Palm Shores LLC · 4 yrs held
Storsafe Of Palm Shores LLC
since 2022
Last sale
$10.6M
5 recorded transactions
Zoning & alternative use
AG · Palm Shores, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Palm Shores submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Shores 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
$10,505,000
ML approach
$8,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.16M
Range $9.14M – $11.18M · ±10% · vs last sale $10.63M (Apr 6 2022)
Last sale anchor
$10.63M
Apr 6 2022
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
$4,260 / 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
$63,461
Tax year 2023
Assessed value
$4,527,690
Assessed 2023
Previous assessed
$3,130,360
+44.6% YoY
Effective rate
1.40%
On assessed value
Assessed land
$822,000
Assessed improvement
$3,705,690
Land market value
$822,000
Improvement market value
$3,705,690
Total market value
$4,527,690
Applied tax rate
43.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2021
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
9
Stories
2
Units
2
Total area
2,385 SF
Lot
6.85 ac (298,386 SF)
Zoning code
AG
APN
26-37-30-DS-00000.0-0003.06
UPID
US18-6711025
Jurisdiction
BREVARD
Zoning & alternative use
AG · Palm Shores, FL
Zoning AG · permitted uses
AG · Palm Shores, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Shores. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
9
Units
2
Lot
6.85 ac
Current owner
From public records · entity-resolved
Storsafe Of Palm Shores LLC
Entity
Mailing address
5301 DEMPSTER ST STE #300, SKOKIE, IL 60077-1857
Ownership since
2022
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
Apr 6, 2022
$10,631,300
Storsafe Of Palm Shores LLC
A A A Storage Us 1 At Pineda LLC
Warranty Deed
$10,770,000 · Copperpoint Insurance Company
May 15, 2018
—
Aaa Storage Usi At Pineda LLC
Jm Assets LP
Quit Claim Deed
related
—
Mar 15, 2018
$564,000
Pierce Hardy LP
Jm Assets LP
Warranty Deed
—
May 19, 2017
—
Jm Assets LP
Anderson Family Trust
Warranty Deed
related
$900,000 · Anderson Family Trust (pt)
Apr 29, 2005
$1,487,900
Palm Shores Condominium Lllp
Anderson,steven M
Grant Deed
$1,187,898 · Anderson Trust (tr)
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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