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Property profile & analytics
OFF-MARKET
Industrial properties
928 Truman Ave Ste 101 Key West, FL 33040-7793
Entity Owned
Property ID
US18-8704428
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1939
Total area
1,830 SF
Lot
0.09 ac (3,800 SF)
APN
00031070-000000
UPID
US18-8704428
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
J&r Truman Ave LLC
J&r Truman Ave LLC
since 2025
Last sale
$1.5M
7 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 Key West submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Key West 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
$9,426
Tax year 2023
Assessed value
$1,051,037
Assessed 2023
Previous assessed
$1,051,037
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$886,160
Assessed improvement
$164,877
Land market value
$886,160
Improvement market value
$164,877
Total market value
$1,051,037
Applied tax rate
10.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1939
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Units
4
Bathrooms
4
Total area
1,830 SF
Lot
0.09 ac (3,800 SF)
APN
00031070-000000
UPID
US18-8704428
Jurisdiction
MONROE
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
1939
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
4
Bathrooms
4
Lot
0.09 ac
Current owner
From public records · entity-resolved
J&r Truman Ave LLC
Entity
Mailing address
13362 PO BOX 658, TRACY CITY, TN 37387-0658
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$1,500,000
J&r Truman Ave LLC
928 Truman LLC
Warranty Deed
—
Aug 27, 2024
—
922 Truman LLC
928 Truman LLC
Intrafamily Transfer
related
—
Sep 8, 2021
$600,000
928 Truman LLC
Timothy O Carey
Warranty Deed
—
Mar 29, 2019
—
Timothy O Carey
—
Deed
related
$90,052 · Branch Bk&tr
—
—
Timothy O Carey
—
Deed Of Trust
related
$90,052 · Branch Bk&tr
—
—
Timothy O Carey
—
Deed Of Trust
related
$125,000 · T K & M Lc
—
—
Sara J Carey
—
Deed Of Trust
related
$225,000 · Branch Banking & Trust Co
—
—
Timothy O Carey
—
Deed Of Trust
related
$226,875 · T K & M Lc
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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