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Property profile & analytics
OFF-MARKET
Estimated value
$4,240,000
Community centers
8611 Us Hwy 1st 1 Fort Pierce, FL 34952-3329
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4372651
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
CONCRETE BLOCKS
Total area
21,825 SF
Lot
10.49 ac (456,944 SF)
Zoning code
COMM GENRA
APN
3414-501-1912-500-6
UPID
US18-4372651
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
$5.02M
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$4.24M
Owner & transaction history
Crowne St Lucie Associates · 6 yrs held
Crowne St Lucie Associates
since 2020
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
$5.7M
+16.0%
Industrial (general)
$5.4M
+9.1%
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%
$5,435,000
6.5%
$5,015,000
7%
$4,655,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,925,000
Current use
AUTO REPAIR, GARAGE
$5,710,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,375,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$4,405,000
Change: -11% · Conversion: Easy
MEDICAL BUILDING
$4,190,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.24M
Range $3.82M – $4.66M · ±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
$194 / 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
$87,874
Tax year 2023
Assessed value
$5,062,500
Assessed 2023
Previous assessed
$3,893,560
+30.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$3,427,100
Assessed improvement
$1,635,400
Land market value
$3,427,100
Improvement market value
$1,635,400
Total market value
$5,062,500
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
21,825 SF
Lot
10.49 ac (456,944 SF)
Zoning code
COMM GENRA
APN
3414-501-1912-500-6
UPID
US18-4372651
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$5.7M
INDUSTRIAL (GENERAL)
Est. value
$5.4M
RETAIL STORES
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
2007
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
10.49 ac
Current owner
From public records · entity-resolved
Crowne St Lucie Associates
Entity
Mailing address
1015 FINANCIAL CTR, BIRMINGHAM, AL 35203-4600
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 19, 2020
—
Crowne St Lucie Associates
—
Deed
related
$1,851,167 · Miscellaneous Ins Co
—
—
Crowne St Lucie Associates
—
Loan Modification
related
$1,851,167 · Miscellaneous Ins Co
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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