Property profile

1197 Us Hwy 1st 1 Rockledge, FL 32955

OFF-MARKET
Medical Office Space
Property ID
US18-0687898
2,700 SF 0.24 ac lot Built 1973
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,700 SF
Lot 0.24 ac (10,454 SF)
Zoning code C2
APN 25-36-04-00-00032.0-0000.00
UPID US18-0687898

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1197 Us Hwy 1st 1 Rockledge, FL 32955-2713
Rockledge metro Census 62800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2018
5 recorded transactions
2018
$200,000
2018
Price N/A
2016
Price N/A
2016
$111,000
2005
$325,000

Zoning & alternative use

C2 · Rockledge, FL
Zoning description

The C2 zone are intended to apply to an area developed to business establishments which serve all portions of the city and the metropolitan area, or which by its location, trend of development or planned development desi…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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