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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Manufacturing properties
886 Biltmore St Port Saint Lucie, FL 34983-1857
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US18-2730040
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Construction
CONCRETE BLOCKS
Total area
4,750 SF
Lot
0.46 ac (19,930 SF)
Zoning code
CS SERVIC
APN
3420-635-0029-000-8
UPID
US18-2730040
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
$515k
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$665k
Owner & transaction history
Biltmore Warehouse LLC · 23 yrs held
Biltmore Warehouse LLC
since 2003
5 recorded transactions
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+56.4%
Office building
$980,000
+43.2%
Retail stores
$960,000
+39.9%
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 Saint Lucie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Saint 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%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$685,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,070,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$980,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +40% · Conversion: Moderate
MEDICAL BUILDING
$900,000
Change: +31% · Conversion: Difficult
WAREHOUSE, STORAGE
$575,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$140 / 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
$9,939
Tax year 2023
Assessed value
$560,400
Assessed 2023
Previous assessed
$353,400
+58.6% YoY
Effective rate
1.77%
On assessed value
Assessed land
$139,500
Assessed improvement
$420,900
Land market value
$139,500
Improvement market value
$420,900
Total market value
$560,400
Applied tax rate
11.0000
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
Off-Market
Year built
2004
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
4,750 SF
Lot
0.46 ac (19,930 SF)
Zoning code
CS SERVIC
APN
3420-635-0029-000-8
UPID
US18-2730040
Jurisdiction
ST LUCIE
Zoning & alternative use
CS SERVIC · Port Saint Lucie, FLZoning CS SERVIC · permitted uses
CS SERVIC · Port Saint Lucie, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$980,000
RETAIL STORES
Est. value
$960,000
MEDICAL BUILDING
Est. value
$900,000
WAREHOUSE, STORAGE
Est. value
$575,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2004
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Biltmore Warehouse LLC
Entity
Mailing address
PO BOX 2169, JUPITER, FL 33468-2169
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2003
$65,000
Biltmore Warehouse LLC
Izzo,thomas
Grant Deed
—
Dec 27, 2001
$45,000
Thomas Izzo
Conde,ramon E
Grant Deed
—
Feb 25, 1999
$18,500
Ramon E Conde
Sundman,f M
Grant Deed
$17,366 · First Union National Bank
—
—
Biltmore Warehouse LLC
—
Deed Of Trust
related
$258,600 · Firstcity Bank Of Commerce
—
—
Biltmore Warehouse LLC
—
Deed Of Trust
related
$300,000 · Colonial Bank
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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