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Property profile & analytics
OFF-MARKET
Industrial properties
861 Industrial Blvd 10 Jensen Beach, FL 34957
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6216968
Property summary
AI-generated overview
This 1,400 square foot warehouse condo in Jensen Beach, Florida, presents a unique investment opportunity. Built in 2020, this versatile space (APN: 28-37-41-022-000-00130-0) is perfect for RV or automobile storage, boasting a 20-foot ceiling height and a 50-amp dedicated RV outlet. The unit features full air conditioning, insulated walls and ceilings for year-round temperature control, and a private bathroom with a shower, adding to its functionality and comfort. Security is ensured with gated entry, while a motorized 14' x 13' roll-up door provides easy access. Located at 861 NE Industrial Blvd, Jensen Beach, FL 34957, this property offers a blend of practicality and potential. Its adaptable design allows for various uses, from secure storage to a personalized workshop or man cave. The asking price is $539,000. This property is classified as Industrial, Self Storage, and Special Purpose, with subtypes of Garage/Parking and Warehouse.
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2020
Total area
1,120 SF
APN
28-37-41-022-000-00100-0
UPID
US18-6216968
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
Michael J Hahn · 2 yrs held
Michael J Hahn
since 2023
Last sale
$350,500
2 recorded transactions
Zoning & alternative use
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 Jensen Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jensen Beach 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)
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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
$3,343
Tax year 2023
Assessed value
$221,760
Assessed 2023
Previous assessed
$171,360
+29.4% YoY
Effective rate
1.51%
On assessed value
Assessed improvement
$221,760
Improvement market value
$221,760
Total market value
$221,760
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
2020
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,120 SF
APN
28-37-41-022-000-00100-0
UPID
US18-6216968
Jurisdiction
MARTIN
Zoning & alternative use
Zoning · permitted uses
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Michael J Hahn
Individual
Mailing address
2530 NW BRITT RD, STUART, FL 34994-9106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jul 31, 2023
$350,500
Michael J Hahn
Richard Brennan
Warranty Deed
$250,500 · Richartd Brennan
Dec 14, 2020
$186,000
Richard Brennan
Lakeview Commerce Park LLC
Warranty 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.
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