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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Automotive properties
657 2nd St, Fort Pierce, FL 34950-9110
Individually Owned
12-yr Hold
Free & Clear
Property ID
US18-5986219
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2006
Construction
CONCRETE BLOCKS
Total area
12,350 SF
Lot
1.65 ac (71,955 SF)
Zoning code
MARINE COM
APN
2403-705-0019-000-3
UPID
US18-5986219
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
-
C2 Welding General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.70M
Owner & transaction history
Cnty St. Lucie · 12 yrs held
Cnty St. Lucie
since 2014
7 recorded transactions
Zoning & alternative use
MARINE COM · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,785,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±10%
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
$137 / 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
$26,109
Tax year 2023
Assessed value
$1,465,500
Assessed 2023
Previous assessed
$758,670
+93.2% YoY
Effective rate
1.78%
On assessed value
Assessed land
$809,500
Assessed improvement
$656,000
Land market value
$809,500
Improvement market value
$656,000
Total market value
$1,465,500
Applied tax rate
9,022.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
12,350 SF
Lot
1.65 ac (71,955 SF)
Zoning code
MARINE COM
APN
2403-705-0019-000-3
UPID
US18-5986219
Jurisdiction
ST LUCIE
Zoning & alternative use
MARINE COM · Fort Pierce, FL
Zoning MARINE COM · permitted uses
MARINE COM · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Cnty St. Lucie
Individual
Free & Clear · 12 yrs held
Mailing address
205 N 3RD ST, GRAND FORKS, ND 58203-3717
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2014
$35,000
Cnty St. Lucie
Plainsman Investments LLC
Grant Deed
—
Jun 16, 2014
$32,900
Plainsman Investments LLC
St Lucie Outboard Marine INC
Warranty Deed
—
Jun 16, 2014
—
Plainsman Investments LLC
Bancshares Realty LLC
Quit Claim Deed
related
—
Jun 16, 2014
$800,000
Plainsman Investments LLC
Bancshares Realty LLC
Grant Deed
—
Oct 24, 2003
$440,000
St Lucie Outboard Marine INC
Araujo,matias
Grant Deed
—
Jun 4, 2000
$310,000
Matias Araujo
Rappold,charles W
Grant Deed
$250,000 · Seller
—
—
Plainsman Investments LLC
—
Loan Modification
related
$153,500 · First St Bk
—
—
Plainsman Investments LLC
—
Loan Modification
related
$128,559 · First St Bk
—
—
Plainsman Investments LLC
—
Loan Modification
related
$263,578 · First St Bk
—
—
Plainsman Investments LLC
—
Loan Modification
related
$237,181 · First St Bk
—
—
Plainsman Investments LLC
—
Loan Modification
related
$560,000 · First St Bk
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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