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    6704 Us Hwy 1st 1 Port St Lucie, FL 34952-1424
    Property profile & analytics

    6704 Us Hwy 1st 1, Port St Lucie, FL 34952-1424

    View on Map
    • Office buildings
    • 4,800 SF
    • 0.43 lot acres
    Off-Market
    Property ID
    US18-0759024
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 6704 Us Hwy 1st 1

    Year built
    2004
    Construction
    WOOD
    Lot size
    0.43 lot acres
    Zone code
    COMM GENRA
    Property type
    Office buildings
    APN
    3415-501-0065-040-6
    APU
    341550100650406

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 1, 2016 $326,000 Crisis Pregnancy Center Of Treasu Wells Fargo Bk NA Grant Deed $326k · Mccreary Ents INC
    Jan 26, 2016 $200,100 Wells Fargo Bk NA Argen-ital INC Coc Trustees Deed · related —
    Jun 25, 2015 — Wells Fargo Bk NA Arroyo,ruben F & Jeanne L Coc Trustees Deed · related —
    Dec 7, 2005 $175,100 Argen-ital INC Arroyo Ents INC Quit Claim Deed · related $200k · Wachovia Bank NA
    Oct 18, 2002 $51,500 Arroyo Enterprises INC Arrp Family LP Grant Deed $42k · Arrp Family LP
    Aug 18, 1999 $24,000 Arrp Family LP Douglas Dev INC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $561,000
      Market price range: $562k - $1.04M
      AI Estimate
      $520,000
      Market price range: $381k - $1.30M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $765,000
      Current use
      RETAIL STORES
      $970,000
      Change: +27% Conversion: Moderate
      MEDICAL BUILDING
      $920,000
      Change: +21% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port St Lucie
    County
    St. Lucie
    State
    Florida
    Longitude
    -80.325
    Latitude
    27.3416
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25
    $121,400
    $321,300
    $442,700
    -
    $121,400
    $321,300
    $442,700

    Comparable in this City

    • Value Estimation
      $1,435,000
      6,620 SF

      1770 Hillmoor Dr

      PROFESSIONAL BUILDING
      1770 Hillmoor Dr, Port Saint Lucie, FL 34952-7534
      View Details
    • Value Estimation
      $1,645,000
      7,950 SF

      1847 Prt St Lucie Blvd

      OFFICE BUILDING
      1847 Prt St Lucie Blvd, Port Saint Lucie, FL 34952-5530
      View Details
    • Value Estimation
      $1,445,000
      7,104 SF

      1591 Prt St Lucie Blvd

      OFFICE BUILDING
      1591 Prt St Lucie Blvd, Port Saint Lucie, FL 34952-5480
      View Details
    • Value Estimation
      $895,000
      3,960 SF

      1222 Prt St Lucie Blvd

      PROFESSIONAL BUILDING
      1222 Prt St Lucie Blvd, Port Saint Lucie, FL 34952-5364
      View Details
    • Value Estimation
      $1,595,000
      13,707 SF

      7041 Us Hwy 1st 1

      OFFICE BUILDING
      7041 Us Hwy 1st 1, Fort Pierce, FL 34952-1429
      View Details
    • Value Estimation
      $955,000
      4,900 SF

      10870 Us Hwy 1st 1

      OFFICE BUILDING
      10870 Us Hwy 1st 1, Fort Pierce, FL 34952-6405
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,129 SF

      Well-Maintained Property For Sale

      Well-maintained property with long-term occupants and upside potential.
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      View Details
    • Contact for pricing

      Professional/Medical Office Space For Sale

      Office space for sale near HCA Florida St. Lucie Hospital.
      1400 NE Goldtree Dr, Port St Lucie, FL 34952
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    Similar Nearby for Lease

    • Contact for pricing

      New Class A Office Building

      Newly constructed Class A commercial building available for rent.
      7041 S Us Highway 1, Port St Lucie, FL 34952
      View Details
    • Contact for pricing

      Professional Office Suites For Rent

      Flexible, furnished office spaces in a prime Port St. Lucie location.
      10570 S Us Highway 1 U.S, Port St Lucie, FL 34952
      View Details
    • New
      $21 SF/Yr
      20,473 SF

      Freestanding Office Building

      Freestanding office with high visibility on Port Saint Lucie Boulevard, ideal for tenants customizing their layout.
      1399 SE Port St Lucie Blvd, Port St Lucie, FL 34952
      View Details
    • Contact for pricing
      3,753 SF

      Port St. Lucie Office Space

      Versatile office space in a high-traffic Port St. Lucie location.
      7664 S Us Highway 1, Port Saint Lucie, FL 34952
      View Details
    • $12 SF/Yr

      Retail/Office Space on US Highway

      Retail, office, or medical spaces with high visibility.
      10600-10642 South Federal Hwy, Port St Lucie, FL 34952
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    • Contact for pricing

      Professional Office Suite Available

      Class A office suite with private offices and open space.
      2100 SE Hillmoor Dr, Port St Lucie, FL 34952
      View Details
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    Port St Lucie, FL 34952-1424
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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