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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Office Spaces
9065 Brg Rd Hobe Sound, FL 33455-5314
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-2876914
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1957
Total area
4,407 SF
Lot
0.23 ac (10,019 SF)
APN
34-38-42-000-078-00070-2
UPID
US18-2876914
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
Current use
Occupant on record · Public records
-
Treasure Coast Hospice Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$920k
Owner & transaction history
Martin Cnty · 7 yrs held
Martin Cnty
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+1.8%
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 Hobe Sound submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hobe Sound 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%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,170,000
Current use
RETAIL STORES
$1,190,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$1,050,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$209 / 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
$9,362
Tax year 2023
Assessed value
$586,010
Assessed 2023
Previous assessed
$498,867
+17.5% YoY
Effective rate
1.60%
On assessed value
Assessed land
$206,190
Assessed improvement
$379,820
Land market value
$206,190
Improvement market value
$379,820
Total market value
$586,010
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1957
Heating
NONE
Cooling
YES
Stories
1
Rooms
1
Bathrooms
4
Total area
4,407 SF
Lot
0.23 ac (10,019 SF)
APN
34-38-42-000-078-00070-2
UPID
US18-2876914
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
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
1957
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Martin Cnty
Individual
Free & Clear · 7 yrs held
Mailing address
1934 COMMERCE LN STE #1, JUPITER, FL 33458-5576
Ownership since
2019
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
Jul 3, 2019
—
Martin Cnty
Cotleur & Hearing LLC
Warranty Deed
related
—
Feb 1, 2013
$482,500
Cotleur & Hearing LLC
Kaeslin Properties INC
Warranty Deed
$250,000 · First United Bank
Oct 16, 2009
—
Record Owner
Kaeslin,kaye
Grant Deed
related
—
Sep 6, 2000
$520,000
Kaye Kaeslin
Kmc Inv Group INC
Grant Deed
$320,000 · First Nat'l Bk & Tr Treasure C
—
—
Kaeslin Properties INC
—
Deed Of Trust
related
$214,369 · Henry A & Rachelle R Grady
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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