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    Property profile & analytics

    948 Us Hwy 1st 1 Sebastian, FL 32958-8618

    • Specialty properties
    • 2,570 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $665,000
    Last Sale
    Apr 30, 2021
    $600,000
    Location Intelligence
    Property ID
    US18-4606359
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Specialty properties

    Property Details for 948 Us Hwy 1st 1

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.40 lot acres
    Property size
    2,570 SF
    Zone code
    CR
    Property type
    Specialty properties
    APN
    31-39-06-00013-0030-00004.0
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $665,000

    • CAP approach

      CAP return
      Estimation
      6%
      $655,000
      6.5%
      $610,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $645,000
      Retail
      $565,000
      Mixed-Use
      $570,000
      Hospitality
      $615,000
      Educational
      $710,000
      Residential Income
      $575,000
      Energy
      $710,000
      Income-Based Land
      $635,000
      Food Service
      $745,000

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Indian River
    State
    Florida
    Longitude
    -80.4673
    Latitude
    27.8127
    CBSA code
    42680
    CBSA name
    SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,219
    $118,320
    $218,976
    $337,296
    -
    $118,320
    $218,976
    $337,296

    Comparable in this City

    • Value Estimation
      $375,000
      5,672 SF

      815 Louisiana Ave

      CHARITABLE ORGANIZATION • 5,672 SF
      815 Louisiana Ave, Sebastian, FL 32958-4111
      View Details
    • Value Estimation
      $1,105,000
      81,626 SF

      202 Airport E Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 81,626 SF
      202 Airport E Dr, Sebastian, FL 32958-3957
      View Details
    • Value Estimation by Request
      2,174 SF

      39 Treasure Cir

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,174 SF
      39 Treasure Cir, Sebastian, FL 32958-6909
      View Details
    • Value Estimation by Request

      709 Us - 1

      Land
      709 Us - 1, Sebastian, FL 32958
      View Details
    • Value Estimation
      $485,000
      6,344 SF

      735 Fleming St

      FUNERAL HOME • 6,344 SF
      735 Fleming St, Sebastian, FL 32958-5016
      View Details
    • Value Estimation
      $395,000
      4,240 SF

      807 Louisiana Ave

      CHARITABLE ORGANIZATION • 4,240 SF
      807 Louisiana Ave, Sebastian, FL 32958-4111
      View Details

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    Similar Nearby for Lease

    • $34 SF/Yr

      Standalone Medical Building with US1 Frontage

      Turn-key medical office building with equipment and US1 frontage.
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      View Details
    • Contact for pricing
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      Freestanding building with drive-thru, high traffic, redevelopment potential.
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      View Details
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      Flexible warehouses ideal for contractors with easy highway access.
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      View Details
    • $30 SF/Yr

      Retail/Medical Space with Drive-Thru

      Retail or medical space with drive-thru in developing area.
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      View Details
    • Contact for pricing
      63,195 SF

      Roseland Plaza Restaurant Space

      High-visibility Sebastian restaurant space available.
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    • $19 SF/Yr
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      KH Plaza Office Suites for Lease

      Riverfront Office Space, Two Units Available
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      View Details
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    Sebastian, FL 32958-8618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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