Financial
Distress signals
Property profile

653 University Blvd Melbourne, FL 32901

OFF-MARKET
Grocery and convenience stores
Property ID
US18-5181948
3,120 SF 0.62 ac lot Built 1980
Last sale Apr 2023 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a combined convenience store and gas station with the business operating on-site, and it is offered together with the real estate. It is located in the South Melbourne Community within approximately 3/4 mile of Florida Institute of Technology University and Downtown Melbourne, along a heavily traveled main corridor. The City of Melbourne estimates that roughly 10,000 or more vehicles pass by each day. Zoning is C-1 Neighborhood Zoning Commercial, which allows for residential

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?
$7k
Tax billed · 2023
Assessed value$291k
Assessed land$68k
Assessed improvement$223k
Effective rate2.40%

Value estimate

· Sep 2026
$920k
$828k – $1.01M
AI approach$1.05M
Submarket $/SF estimate$826k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$423/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$265 – $573
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC2
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.3
Dental Office16.1
Restaurant13.7

Location

653 University Blvd Melbourne, FL 32901-7121
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2006 Frnt, Melbourne, FL 32901-7361 $98,000 Oct 2024 3,634 SF
2527 Hbr City, Melbourne, FL 32901-7205 $615,700 Oct 2024 3,725 SF
750 New Hvn, Melbourne, FL 32901-4238 $925,000 Dec 2023 4,447 SF
3998 Babcock, Melbourne, FL 32901-8212 $6,550,000 Sep 2021 3,561 SF
2115 Waverly, Melbourne, FL 32901-5446 $625,000 Aug 2021 2,582 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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