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    4970 U.S 1 Grant Valkaria, FL 32949

    View on Map
    New
    For Sale
    $975,000

    COMMERCIAL - Other - Grant-Valkaria, FL

    Type:Single Family Residence
    Property size:
    2,060 SF
    Lot size:
    0.60 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 2 at 7:06 am

    Property Features for 4970 U.S 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 2
    Parking features
    Garage
    Pets allowed
    Dogs OK, Yes
    Interior features
    Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Vaulted Ceiling(s)
    Appliances
    Dishwasher, Electric Range
    Standard status
    Active
    APN
    29-38-28-25-0000b.0-0022.00
    Size
    2,060 SF
    Lot size
    0.60 Acres

    Taxes and HOA fees

    TaxDescription
    JORGENSONS PLAT OF GRANT LOTS 22,23 BLK B

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Well

    Building Details

    Year built
    1973
    Floors in Building
    1
    Flooring type
    Stone, Vinyl
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Knuelle

    Listing agent Michael Knuelle

    Listing office RE/MAX Elite 1155 Malabar Rd, Melbourne, FL

    Listing date Apr 1, 2026

    MLS# 1073545

    Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Income Potential

    This mixed-use property, zoned BU-2, offers both residential and commercial opportunities. The well-maintained building features five rooms or offices, including two private offices with separate entrances. One of the private offices includes a small kitchenette, suitable for an independent workspace, client meetings, or rental purposes. The property benefits from a new roof and A/C, both installed in 2024. The flooring consists of tile and vinyl throughout, ensuring easy maintenance and durability. The house also includes two attached private efficiencies that can be rented out for additional income. The property is located in Grant-Valkaria, Florida, and sits on a 0.6-acre lot. The building has a total area of 2060 square feet. It features a 5-bedroom, 3-bathroom home/office building that can be used for residential or commercial purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Food Market Storage Facility Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grant Valkaria
    County
    Brevard
    State
    Florida
    Longitude
    -80.531062
    Latitude
    27.937929

    Nearby Similar for Sale

    • $975,000
      2,060 SF

      Mixed-Use Property in Grant-Valkaria

      Versatile mixed-use property with residential and commercial potential.
      4970 Highway 1, Grant-Valkaria, FL 32949
      View Details
    • $1,500,000
      4,202 SF

      Historic Restaurant Opportunity in Grant-Valkaria

      Iconic restaurant property for sale in the heart of town.
      5390 Highway 1, Grant Valkaria, FL 32949
      View Details
    • $4,000,000
      21,225 SF

      Industrial

      4460 Old Dixie Hwy, Grant-Valkaria, FL 32949
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile property with residential and commercial zoning and income potential.
    Where is this mixed-use property located?
    The property is located at 4970 U.S 1 Grant Valkaria, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Seller financing available; BU‑2 Zoning: Versatile mixed‑use property suitable for residential and commercial purposes; New Roof (2024) and A/C (2024)
    (321) 423-4785
    We can help!
    Listing Contact
    Michael Knuelle
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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