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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Office buildings
1077 Hwy A1a Satellite Beach, FL 32937-2320
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-0095591
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
WOOD
Total area
8,306 SF
Lot
0.57 ac (24,829 SF)
Zoning code
RM3
APN
26-37-35-00-00012.0-0000.00
UPID
US18-0095591
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
$1.87M
CAP Approach
CAP
$1.86M
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$1.83M
Owner & transaction history
Shoolin LLC · 5 yrs held
Shoolin LLC
since 2020
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
RM3 · Satellite Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+41.6%
Auto repair, garage
$1.9M
+2.2%
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 Satellite Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Satellite Beach 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
$1,855,000
ML approach
$1,865,000
CAP Approach
CAP Return
Estimation
6%
$2,010,000
6.5%
$1,855,000
7%
$1,720,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,815,000
Current use
COMMERCIAL (GENERAL)
$2,570,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,855,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10% · vs last sale $1.78M (Sep 1 2020)
Last sale anchor
$1.78M
Sep 1 2020
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
$220 / 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
$28,176
Tax year 2023
Assessed value
$1,490,920
Assessed 2023
Previous assessed
$1,426,390
+4.5% YoY
Effective rate
1.89%
On assessed value
Assessed land
$600,000
Assessed improvement
$890,920
Land market value
$600,000
Improvement market value
$890,920
Total market value
$1,490,920
Applied tax rate
41.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
1
Total area
8,306 SF
Lot
0.57 ac (24,829 SF)
Zoning code
RM3
APN
26-37-35-00-00012.0-0000.00
UPID
US18-0095591
Jurisdiction
BREVARD
Zoning & alternative use
RM3 · Satellite Beach, FL
Zoning RM3 · permitted uses
RM3 · Satellite Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Satellite Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2007
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Shoolin LLC
Entity
Free & Clear · 5 yrs held
Mailing address
8000 LINFORD CT, MELBOURNE, FL 32940-2148
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2020
$1,780,000
Shoolin LLC
Lung Biotechnology Pbc
Grant Deed
—
Jun 13, 2005
$1,495,000
Lung Rx INC
Cameron-ash Props Ltd Ptshp
Warranty Deed
—
Mar 20, 2001
$350,000
Frederick T Carson
Cohen,leon L
Grant Deed
$325,000 · Leon L Cohen
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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