Back to Search
Property profile & analytics
FOR SALE
Manufacturing properties
6940 Heritage Dr Port St Lucie, FL 34952
Trust Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4419632
For Sale
1 / 7
$650,000
6940 Heritage Dr, Port St Lucie, FL 34952
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Construction
METAL FRAME
Total area
3,213 SF
Lot
0.5 ac (21,780 SF)
Zoning code
COMM GENRA
APN
3415-702-0011-000-8
UPID
US18-4419632
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
$350k
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$570k
Owner & transaction history
Fillmore,joann D Trust 1996 · 10 yrs held
Fillmore,joann D Trust 1996
since 2016
2 recorded transactions
Zoning & alternative use
COMM GENRA · Fort Pierce, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$840,000
+6.3%
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 St Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port St 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$380,000
6.5%
$350,000
7%
$325,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$790,000
Current use
AUTO REPAIR, GARAGE
$840,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$650,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$177 / 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
$5,516
Tax year 2023
Assessed value
$362,300
Assessed 2023
Previous assessed
$222,571
+62.8% YoY
Effective rate
1.52%
On assessed value
Assessed land
$141,100
Assessed improvement
$221,200
Land market value
$141,100
Improvement market value
$221,200
Total market value
$362,300
Applied tax rate
2.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
2002
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
3
Bathrooms
3
Total area
3,213 SF
Lot
0.5 ac (21,780 SF)
Zoning code
COMM GENRA
APN
3415-702-0011-000-8
UPID
US18-4419632
Jurisdiction
ST LUCIE
Zoning & alternative use
COMM GENRA · Fort Pierce, FL
Zoning COMM GENRA · permitted uses
COMM GENRA · 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
INDUSTRIAL (GENERAL) Current
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$840,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
RETAIL STORES
Est. value
$650,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2002
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Bathrooms
3
Lot
0.5 ac
Current owner
From public records · entity-resolved
Fillmore,joann D Trust 1996
Trust
Free & Clear · 10 yrs held
Mailing address
1901 MARINER BAY BLVD, FORT PIERCE, FL 34949-3629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jan 26, 2016
—
Fillmore,joann D Trust 1996
Fillmore,edward H & Joann D
Quit Claim Deed
related
—
Apr 18, 2001
$39,000
Edward H Fillmore
Polson,linda
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
