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Property profile & analytics
OFF-MARKET
Retail space
8860 Us Hwy 1st 1 Sebastian, FL 32976-2827
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-2099265
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
WOOD
Total area
2,786 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CL
APN
31-39-28-00000-0040-00001.4
UPID
US18-2099265
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
Hope Foun Of Indian Riv Cnty INC · 13 yrs held
Hope Foun Of Indian Riv Cnty INC
since 2013
4 recorded transactions
Zoning & alternative use
CL · Sebastian, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CL District is established to implement comprehensive plan policies for managing land designated for limited commercial development. Areas designated for limited commercial development shall not accommodate large scale retail sales and trade activities generally serving regional markets.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
21.89 ac
Source
Realmo
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 Sebastian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebastian 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
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
$2,396
Tax year 2023
Assessed value
$240,115
Assessed 2023
Previous assessed
$240,857
-0.3% YoY
Effective rate
1.00%
On assessed value
Assessed land
$113,302
Assessed improvement
$126,813
Land market value
$113,302
Improvement market value
$126,813
Total market value
$240,115
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,786 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CL
APN
31-39-28-00000-0040-00001.4
UPID
US18-2099265
Jurisdiction
INDIAN RIVER
Zoning & alternative use
CL · Sebastian, FLZoning CL · permitted uses
CL · Sebastian, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CL District is established to implement comprehensive plan policies for managing land designated for limited commercial development. Areas designated for limited commercial development shall not accommodate large scale retail sales and trade activities generally serving regional markets.
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
21.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Hope Foun Of Indian Riv Cnty INC
Entity
Free & Clear · 13 yrs held
Mailing address
5070 HWY A1AH, VERO BEACH, FL 32963-1400
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2013
—
Hope Foun Of Indian Riv Cnty INC
Schwerin,warren L
Warranty Deed
—
Dec 23, 2010
—
Warren L Schwerin
Schwerin Asset Advisors LLC
Quit Claim Deed
—
Sep 5, 2007
$900,000
Schwerin Asset Advisors LLC
Lone Cabbage Trading Co INC
Grant Deed
—
Aug 18, 2004
$475,000
Lone Cabbage Trading Co INC
Reliance Petroleum Co INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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