Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    441 Egret Cir Sebastian, FL 32976

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    441 Egret Cir Sebastian, FL 32976

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 441 Egret Cir

    Property type
    Land

    Description

    This exceptional commercial land parcel, located at 441 N Egret Circle in Sebastian, Florida, presents a unique investment opportunity. Spanning 227,818.8 square feet, this property boasts a prime waterfront location, offering breathtaking views and significant development potential. Situated in Brevard County, Florida, with a zip code of 32976, the property's address is easily accessible. The expansive lot size allows for a variety of commercial ventures, from retail spaces to light industrial uses. A significant advantage is the inclusion of a 75-foot easement, adding to the property's overall utility and potential. The asking price for this remarkable waterfront property is $799,000. Given its size, location, and waterfront access, this land parcel represents a compelling investment opportunity in a desirable Florida market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The coordinates for this property are latitude 27.8822233 and longitude -80.5090481. This is a rare chance to acquire a substantial commercial lot in a highly sought-after area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sebastian
    County
    Brevard
    State
    Florida
    Longitude
    -80.509
    Latitude
    27.8822

    Comparable in this City

    • Value Estimation by Request

      932 Oriole Cir

      Land
      932 Oriole Cir, Micco, FL 32976
      View Details
    • Value Estimation by Request

      8770 7Th Ave

      Land
      8770 7Th Ave, Micco, FL 32976
      View Details
    • Value Estimation by Request

      335 Loquat Dr

      Land
      335 Loquat Dr, Micco, FL 32976
      View Details
    • Value Estimation by Request

      7656 Hwy

      Land
      7656 Hwy, Micco, FL 32976
      View Details
    • Value Estimation by Request
      3.56 Acres

      9250 Us-1

      Land • 3.56 Acres
      9250 Us-1, Sebastian, FL 32976
      View Details
    • Value Estimation by Request

      11Th St

      Land
      0 11Th St, Sebastian, FL 32976
      View Details

    Similar Nearby for Sale

    • $69,000

      Micco Commercial Land - $69K

      Prime .32-acre lot, ideal for mixed-use.
      0 10Th St, Micco, FL 32976
      View Details
    • $61,000
      0.33 Acres

      Micco, FL Building Lot

      High and dry lot near Sebastian, with city water.
      3947 12Th St, Micco, FL 32976
      View Details
    • $710,000
      Pending

      Land For Sale in Micco

      Land available in Brevard County, Florida.
      9598 Tortoise Ln, Micco, FL 32976
      View Details
    • $75,000

      Micco Land: Prime Commercial/Residential Lot

      .42-acre lot, ideal for home or business.
      0 10Th St, Micco, FL 32976
      View Details
    • $69,000
      0.32 Acres

      Oversized Building Lot Available

      0.32 acre building lot in Micco, Sebastian, Florida.
      10Th St, Sebastian, FL 32976
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,500 SF

      Barefoot Bay Medical/Office Space

      Move-in ready office space in Barefoot Bay Medical Park.
      8000 Ron Beatty Blvd, Sebastian, FL 32976
      View Details
    • Contact for pricing
      19,768 SF

      Retail Space in Grocery-Anchored Center

      Available retail space in Sebastian, FL, Q4 2025 delivery.
      7960 Us Highway 1, Sebastian, FL 32976
      View Details
    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.
    441 Egret Cir
    Sebastian, FL 32976
    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

    441 Egret Cir, Sebastian, FL, 32976

    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!