Financial
Distress signals
Property profile

5120 N Us Highway 1 Melbourne, FL 32940

FOR SALE
Strip malls
Property ID
US18-6130759
3,430 SF 0.32 ac lot Built 1983
Last sale Dec 2019 · $192,000
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property comprises 4.64 acres of commercial real estate in Melbourne, Florida with direct frontage along U.S. Route 1 and the Indian River. The site is designed to be divisible into up to three parcels, allowing for potential future development and separate ownership of parcel components. Within the potential parcel configuration, there is a concrete block building with a tile roof; this building has tenant occupancy under long-term leases, providing an income-producing configuration. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$173k
Assessed land$52k
Assessed improvement$121k
Effective rate1.96%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$117k
Vacancy & credit loss−$19k
Operating expenses−$24k
NOI · 2.53% cap applied$73k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218
Qualifying comparables3

Cap rate analysis

How does the asset earn?
2.53%
$73k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.0
Auto Parts Store8.7
Realty agency8.4

Location

5120 N Us Highway 1 Melbourne, FL 32940
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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