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Property profile & analytics
OFF-MARKET
Industrial properties
575 Mercantile Pl Ste 101 Port Saint Lucie, FL 34986-2255
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0786289
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2006
Construction
CONCRETE BLOCKS
Total area
2,100 SF
Lot
0.06 ac (2,632 SF)
Zoning code
GENERAL US
APN
3323-680-0018-010-3
UPID
US18-0786289
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cossetti Realty Group LLC · 4 yrs held
Cossetti Realty Group LLC
since 2022
Last sale
$450,000
5 recorded transactions
Zoning & alternative use
GENERAL US · Port Saint Lucie, 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 Port Saint Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Saint Lucie 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,827
Tax year 2023
Assessed value
$446,800
Assessed 2023
Previous assessed
$193,200
+131.3% YoY
Effective rate
2.42%
On assessed value
Assessed improvement
$446,800
Improvement market value
$446,800
Total market value
$446,800
Applied tax rate
11.0000
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
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Total area
2,100 SF
Lot
0.06 ac (2,632 SF)
Zoning code
GENERAL US
APN
3323-680-0018-010-3
UPID
US18-0786289
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL US · Port Saint Lucie, FLZoning GENERAL US · permitted uses
GENERAL US · Port Saint Lucie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Cossetti Realty Group LLC
Entity
Mailing address
1698 SW PANCOAST ST, PORT ST LUCIE, FL 34987-2001
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Mar 21, 2023
—
Cossetti Realty Group LLC
—
Deed
related
$150,000 · Newtek Small Business Financel LLC
Jul 27, 2022
$450,000
Cossetti Realty Group LLC
575 Mercantile Holdings LLC
Warranty Deed
$337,500 · Silver Hill Financial LLC
Jul 17, 2020
$260,000
575 Mercantile Holdings LLC
458 Holdings LLC
Warranty Deed
$195,000 · Marine Bank & Trust Company
Sep 7, 2018
$245,000
458 Holdings LLC
Catoe Investments INC
Grant Deed
$416,500 · Branch Bk&tr
Apr 25, 2006
$368,500
Catoe Investments INC
Sl Commerce Group Ltd
Grant Deed
$294,784 · Fidelity Federal Bank & Trust
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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