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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Retail space
1049 King St Cocoa, FL 32922-8615
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0561214
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,400 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CG
APN
24-36-32-04-00000.0-0004.01
UPID
US18-0561214
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
Current use
Occupant on record · Public records
-
Family Dollar (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.66M
Owner & transaction history
Reya Investments LLC · 4 yrs held
Reya Investments LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CG · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+35.6%
Office building
$1.3M
+32.6%
Auto repair, garage
$1.1M
+12.2%
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 Cocoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
$1,635,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
$1,615,000
6.5%
$1,490,000
7%
$1,385,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,305,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$1,275,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,080,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.97M (Sep 3 2021)
Last sale anchor
$1.97M
Sep 3 2021
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
$198 / SF
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
$16,350
Tax year 2023
Assessed value
$744,100
Assessed 2023
Previous assessed
$740,840
+0.4% YoY
Effective rate
2.20%
On assessed value
Assessed land
$145,090
Assessed improvement
$599,010
Land market value
$145,090
Improvement market value
$599,010
Total market value
$744,100
Applied tax rate
23.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
8,400 SF
Lot
1.13 ac (49,223 SF)
Zoning code
CG
APN
24-36-32-04-00000.0-0004.01
UPID
US18-0561214
Jurisdiction
BREVARD
Zoning & alternative use
CG · Cocoa, FL
Zoning CG · permitted uses
CG · Cocoa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.13 ac
Current owner
From public records · entity-resolved
Reya Investments LLC
Entity
Mailing address
319 SAINT JOHNS FRST BLVD, JACKSONVILLE, FL 32259-7017
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
$1,970,000
Reya Investments LLC
Tee Jay LLC
Special Warranty Deed
$1,477,500 · Community First Credit Union Of Flo
Apr 26, 2018
$1,875,000
Tee Jay I LLC
Mcvey Properties No 9 LLC
Warranty Deed
—
Apr 26, 2018
—
Tee Jay I LLC
—
Loan Modification
related
$2,950,000 · First Green Bk
Apr 30, 2014
$1,751,600
Mcvey Properties #9 LLC
Hres Cocoa LLC
Special Warranty Deed
$1,501,334 · Sterling Bank
Aug 14, 2012
$125,000
Thornhill Investments LLC
Ahorra Investments INC
Grant Deed
—
Oct 17, 2011
$87,000
Ahorra Investments INC
Bayview Ln Svcg LLC
Grant Deed
—
Dec 1, 2006
$236,500
Ubaldo Gutierrez
Dammar,rohan P & Sandra R
Warranty Deed
$236,500 · Interbay Funding LLC
Nov 3, 2004
$223,000
Rohan P Dammar
Bernard,peter A & Brenda L
Warranty Deed
$50,000 · Peter A & Brenda L Bernard
—
—
Hres Cocoa LLC
—
Deed Of Trust
related
$10,000 · Diamond Square Redev Agcy
—
—
Peter Bernard
—
Deed Of Trust
related
$85,000 · Karen S Chana
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.
Try Rey
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