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    State Rd, Unit 707 Jensen Beach, FL 34957
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    Property profile & analytics

    State Rd, Unit 707, Jensen Beach, FL 34957

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    • Industrial land
    • 63,000 SF
    • 1.94 lot acres
    Off-Market
    Last Sale Mar 23, 2022
    $13,000,000
    Property ID
    US18-7188894
    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.

    Value Estimations
    $12,625,000
    Show details
    Cap Rate Potential
    5.5%
    Industrial land
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details for State Rd

    Year built
    1977
    Lot size
    1.94 lot acres
    Property type
    Industrial land
    APN
    28-37-41-000-000-00053-3
    APU
    283741000000000533

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 23, 2022 $13,000,000 Driftwood Industrial LLC Baron Dixie LLC Warranty Deed $8.5M · Wells Fargo Bank NA
    Apr 5, 2021 $7,175,000 Baron Dixie LLC Stuart Paint And Supply INC Warranty Deed $5M · Flagler Bank
    Mar 6, 2018 — Stuart Paint & Supply INC — Trustees Deed · related $700k · Oculina Bk
    — — Stuart Paint & Supply INC — Deed Of Trust · related $3.5M · Oculina Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $15,190,000
      ML approach
      $10,375,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $13,990,000
      6.5%
      $12,910,000
      7%
      $11,990,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $12,339,000
      Market price range: $12.3M - $15.9M
      AI Estimate
      $11,875,000
      Market price range: $11.9M - $15.9M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $15,015,000
      Current use
      RETAIL STORES
      $17,000,000
      Change: +13% Conversion: Moderate
      MEDICAL BUILDING
      $15,010,000
      Change: -0% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Jensen Beach
    County
    Martin
    State
    Florida
    Longitude
    -80.2451
    Latitude
    27.22
    CBSA code
    38940
    CBSA name
    PORT ST. LUCIE-FORT PIERCE, 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
    $2,820
    $169,010
    $0.00
    $169,010
    -
    $169,010
    $0.00
    $169,010
    More about this property
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