Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    4970 U.S 1 Grant Valkaria, FL 32949

    View on Map
    Claim this Listing
    For Sale
    $800,000

    COMMERCIAL - Other - Grant-Valkaria, FL

    Type:Single Family Residence
    Property size:
    2,060 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $388/SF
    Added:
    Apr 1, 2026
    Days on Market:
    38
    Last Refresh:
    May 8 at 4:06 am

    Property Features for 4970 U.S 1

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 3
    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

    Tax Description
    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 Listing URL

    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.

    HighLights

    • Seller financing available.
    • BU‑2 zoning allows for mixed residential and commercial use.
    • New roof and A/C (2024).
    • Includes a 5‑bedroom/3‑bathroom home/office building with two private offices (one with a kitchenette) and separate entrances.
    • Two attached private efficiencies offer rental income potential.
    • Durable and easy‑to‑maintain tile and vinyl flooring throughout.

    Overview

    Mixed-Use Property with Income Potential

    This mixed-use property, zoned BU-2, offers a versatile space suitable for both residential and commercial purposes. The well-maintained building features five rooms or offices, including two private offices with separate entrances. One of these private offices is equipped with a small kitchenette, making it suitable for an independent workspace, client meetings, or rental opportunities. The property benefits from a new roof and A/C, both installed in 2024. The building has tile and vinyl flooring throughout. In addition, the house includes two attached private efficiencies that can be rented out for extra income. Situated on a 0.6-acre lot, the property offers a total size of 2060 square feet. Seller financing is available.
    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

    • $1,100,000
      4,202 SF

      Historic Grant Station Restaurant Opportunity

      Historic Grant Station operating as Rib City restaurant for sale.
      5390 Highway 1, Grant-Valkaria, FL 32949
      View Details
    • $1,500,000
      4,202 SF

      Iconic Restaurant Opportunity in Grant-Valkaria

      Turnkey restaurant with real estate, business, and complete inventory.
      5390 Highway 1, Grant-Valkaria, FL 32949
      View Details
    • $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 zoned BU-2, ideal for residential and commercial use.
    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 $800,000.
    What are key features of this property?
    This property features: Seller financing available.; BU‑2 zoning allows for mixed residential and commercial use.; New roof and A/C (2024).
    (321) 423-4785
    We can help!
    Listing Contact
    Michael Knuelle
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4970 U.S. 1, Grant-Valkaria, FL 32949
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!