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Property profile & analytics
OFF-MARKET
Estimated value
$6,220,000
Automotive properties
1440 Sportsman NE Ln Palm Bay, FL 32905-6323
Entity Owned
~
Est. High Equity
Property ID
US18-3191932
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,022 SF
Lot
9.5 ac (413,820 SF)
Zoning code
CC
APN
28-37-20-50-0000D.0-0000.00
UPID
US18-3191932
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
by Request
Comparable Approach
Comparable
$6.42M
Blend (final)
Blend
$6.22M
Owner & transaction history
Sp Mc Melbourne Fl LLC
Sp Mc Melbourne Fl LLC
since 2026
7 recorded transactions
Zoning & alternative use
CC · Palm Bay, 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 Palm Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Bay 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.22M
Range $5.60M – $6.84M · ±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
$115 / 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
$95,602
Tax year 2023
Assessed value
$5,104,030
Assessed 2023
Previous assessed
$5,126,030
-0.4% YoY
Effective rate
1.87%
On assessed value
Assessed land
$1,828,890
Assessed improvement
$3,275,140
Land market value
$1,828,890
Improvement market value
$3,275,140
Total market value
$5,104,030
Applied tax rate
34.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Total area
54,022 SF
Lot
9.5 ac (413,820 SF)
Zoning code
CC
APN
28-37-20-50-0000D.0-0000.00
UPID
US18-3191932
Jurisdiction
BREVARD
Zoning & alternative use
CC · Palm Bay, FL
Zoning CC · permitted uses
CC · Palm Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Lot
9.5 ac
Current owner
From public records · entity-resolved
Sp Mc Melbourne Fl LLC
Entity
Mailing address
1440 SPORTSMAN LN NE, PALM BAY, FL 32905-6323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2026
$117,250
Sp Mc Melbourne Fl LLC
Schd Executive Circle LLC
Special Warranty Deed
—
Apr 3, 2023
—
Schd Executive Circle LLC
—
Deed
related
$9,790,000 · First Horizon Bank
Jan 26, 2017
—
Schd Executive Circle LLC
—
Loan Modification
related
$10,568,000 · Suntrust Bk
Nov 3, 2011
$7,287,000
Schd Executive Cir LLC
Motorsports Of Melbourne INC
Warranty Deed
$5,000,000 · Paradise Bank
Dec 7, 2007
—
Harley-davidson Of Melbourne INC
—
Deed Of Trust
related
$6,850,000 · Bank Of America
Oct 1, 2004
—
Stedee LLC
—
Trustees Deed
related
$6,340,130 · Bank Of America
Dec 29, 2003
$1,500,000
Stedee LLC
Exp Cc Ltd
Grant Deed
$750,000 · Bank Of America
—
—
Harley-davidson Of Melbourne INC
—
Deed Of Trust
related
$7,500,000 · Sunrise Bank
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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