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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Office buildings
1110 Hwy A1a, Satellite Beach, FL 32937-2409
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-4827866
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,476 SF
Lot
0.59 ac (25,700 SF)
Zoning code
C
APN
26-37-35-01-00002.0-0015.00
UPID
US18-4827866
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
by Request
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.41M
Owner & transaction history
Hannon Ent Group LLC · 9 yrs held
Hannon Ent Group LLC
since 2016
7 recorded transactions
Zoning & alternative use
C · Satellite Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+41.6%
Auto repair, garage
$1.7M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,810,000
6.5%
$1,670,000
7%
$1,550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,635,000
Current use
COMMERCIAL (GENERAL)
$2,315,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,670,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10%
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
$189 / 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
$13,331
Tax year 2023
Assessed value
$633,060
Assessed 2023
Previous assessed
$548,040
+15.5% YoY
Effective rate
2.11%
On assessed value
Assessed land
$357,000
Assessed improvement
$276,060
Land market value
$357,000
Improvement market value
$276,060
Total market value
$633,060
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Total area
7,476 SF
Lot
0.59 ac (25,700 SF)
Zoning code
C
APN
26-37-35-01-00002.0-0015.00
UPID
US18-4827866
Jurisdiction
BREVARD
Zoning & alternative use
C · Satellite Beach, FL
Zoning C · permitted uses
C · 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
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.7M
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Hannon Ent Group LLC
Entity
Mailing address
1110 HWY A1A, SATELLITE BEACH, FL 32937-2409
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
—
Hannon Enterprise Group LLC
—
Deed
related
$837,210 · Velocity Commercial Capital LLC
Jul 29, 2022
—
Hannon Enterprise Group LLC
—
Deed
related
$200,000 · Wright Capital Fund LLC
Jun 11, 2021
—
Hannon Enterprise Group LLC
—
Deed
related
$834,000 · Rbi Mortgages LLC
May 15, 2020
—
Hannon Ent Group LLC
—
Deed
related
$7,500 · Howard Godofsky
Nov 19, 2019
—
Hannon Ent Group LLC
—
Deed
related
$750,000 · Howard Godofsky
May 23, 2019
—
Hannon Ent Group LLC
—
Deed
related
$750,000 · Howard Godofsky
Mar 12, 2019
—
Hannon Ent Group LLC
—
Grant Deed
related
$1,236,000 · North End Partners INC
Jun 8, 2018
—
Hannon Ent Group LLC
—
Deed
related
$750,000 · Howard Godofsky
Dec 8, 2017
—
Hannon Ent Group LLC
—
Deed
related
$749,900 · Howard Godofsky
Nov 8, 2016
—
Hannon Ent Group LLC
Hannon Ents INC
Quit Claim Deed
related
$750,000 · Howard Godofsky
—
—
Hannon Ent Group LLC
—
Loan Modification
related
$750,000 · Howard Godofsky
—
—
Hannon Ents INC
—
Deed Of Trust
related
$208,886 · Kansas City Life Insurance Co
—
—
Hannon Ent Group LLC
—
Loan Modification
related
$750,000 · Howard Godofsky
—
—
Hannon Ent Group LLC
—
Loan Modification
related
$7,500 · Howard Godofsky
—
—
Hannon Ent Group LLC
—
Loan Modification
related
$749,900 · Howard Godofsky
—
—
Hannon Ent Group LLC
—
Loan Modification
related
$750,000 · Howard Godofsky
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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