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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Commercial land
100 Flug Ave Indialantic, FL 32903-2942
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0660367
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.3 ac (13,068 SF)
Zoning code
BU1
APN
27-38-30-51-00001.0-0001.00
UPID
US18-0660367
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Osprey Five INC · 3 yrs held
Osprey Five INC
since 2023
Last sale
$615,000
6 recorded transactions
Zoning & alternative use
BU1 · Indialantic, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indialantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indialantic submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$535,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $615k (Mar 13 2023)
Last sale anchor
$615k
Mar 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,994
Tax year 2023
Assessed value
$162,000
Assessed 2023
Previous assessed
$131,630
+23.1% YoY
Effective rate
1.23%
On assessed value
Assessed land
$162,000
Land market value
$162,000
Total market value
$162,000
Applied tax rate
5,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
YES
Cooling
YES
Lot
0.3 ac (13,068 SF)
Zoning code
BU1
APN
27-38-30-51-00001.0-0001.00
UPID
US18-0660367
Jurisdiction
BREVARD
Zoning & alternative use
BU1 · Indialantic, FL
Zoning BU1 · permitted uses
BU1 · Indialantic, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indialantic. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Lot
0.3 ac
Current owner
From public records · entity-resolved
Osprey Five INC
Entity
Mailing address
3200 N RIVERSIDE DR, INDIALANTIC, FL 32903-4407
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2023
$615,000
Osprey Five INC
Windermere Springs LLC
Warranty Deed
—
May 4, 2022
$376,000
Windermere Springs LLC
George Mcnulty III
Warranty Deed
$180,000 · Atlantic E Loan And Investments LLC
Mar 3, 2022
—
George Mcnulty III
Nancy J Mcnulty
Intrafamily Transfer
related
—
May 30, 2002
$90,000
George Mcnulty
Schlutz,esther
Grant Deed
$90,000 · Wilham Dangelo
—
—
George Mcnulty III
—
Deed Of Trust
related
$150,000 · Rocco Favata
—
—
George Mcnulty
—
Deed Of Trust
related
$275,000 · Ernest & William D'angelo
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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