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Property profile & analytics
OFF-MARKET
Estimated value
$6,895,000
Grocery and convenience stores
1545 Singleton Ave Titusville, FL 32796-1679
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5932685
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
61,373 SF
Lot
8.89 ac (387,248 SF)
Zoning code
CC
APN
21-35-29-00-00294.0-0000.00
UPID
US18-5932685
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
-
Kalon Dance Company Dance Studio Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.41M
Blend (final)
Blend
$6.90M
Owner & transaction history
Max Worldwide Industries LLC · 2 yrs held
Max Worldwide Industries LLC
since 2024
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Community Commercial (CC) district is established for general commercial activity. This district is designed to provide for a wide range of permitted uses and conditional uses that offer goods and services of both a convenience and desirable nature to shoppers. This district will serve a group of neighborhoods and larger trade areas. Development within t…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
713.42 ac
Source
Realmo
Top alternative use upside
Medical building
$9.5M
+31.3%
Office building
$8.8M
+20.9%
Neighborhood: shopping center
$8.5M
+16.5%
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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
$5,930,000
ML approach
$6,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$7,255,000
Current use
MEDICAL BUILDING
$9,525,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$8,770,000
Change: +21% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,450,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$6.90M
Range $6.21M – $7.58M · ±10% · vs last sale $6.98M (Mar 19 2024)
Last sale anchor
$6.98M
Mar 19 2024
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
$112 / 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
$87,860
Tax year 2023
Assessed value
$4,870,110
Assessed 2023
Previous assessed
$4,812,440
+1.2% YoY
Effective rate
1.80%
On assessed value
Assessed land
$529,170
Assessed improvement
$4,340,940
Land market value
$529,170
Improvement market value
$4,340,940
Total market value
$4,870,110
Applied tax rate
14.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Units
2
Total area
61,373 SF
Lot
8.89 ac (387,248 SF)
Zoning code
CC
APN
21-35-29-00-00294.0-0000.00
UPID
US18-5932685
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FLZoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Community Commercial (CC) district is established for general commercial activity. This district is designed to provide for a wide range of permitted uses and conditional uses that offer goods and services of both a convenience and desirable nature to shoppers. This district will serve a group of neighborhoods and larger trade areas. Development within this district requires larger land areas and is primarily located along arterial thoroughfares and major street intersections. It is not the intent of this district that it shall be used to encourage the extension of strip commercial areas and the development of intersections is preferable to linear development.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
713.42 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$9.5M
OFFICE BUILDING
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.5M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
2
Lot
8.89 ac
Current owner
From public records · entity-resolved
Max Worldwide Industries LLC
Entity
Mailing address
17636 KILDARE RD APT #1208, JAMAICA, NY 11432-1413
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2024
$6,975,000
Max Worldwide Industries LLC
Aaron & Sons 3 LLC
Warranty Deed
$3,900,000 · Interamerican Bank Fsb
Aug 9, 2022
—
Aaron & Sons 3 LLC
Dairyland Commons LLC
Quit Claim Deed
related
$3,000,000 · Vast Bank NA
Jul 15, 2020
$6,000,000
Dairyland Commons LLC
1526 North Singleton LLC
Grant Deed
$2,500,000 · M P Management LLC
Jan 23, 2020
—
1526 North Singleton LLC
—
Deed
related
$260,000 · L&l Cap Ptrs LLC
Jan 7, 2020
—
1526 North Singleton LLC
—
Deed
related
$9,090,000 · Bsprt Cre Fin LLC
Apr 25, 2017
$4,500,000
1526 North Singleton LLC
Rz Dairy Plaza LLC
Warranty Deed
$3,400,000 · L&l Cap Ptrs LLC
Nov 10, 2016
—
Rz Dairy Plaza LLC
—
Deed
related
$1,675,000 · Stuart Weinstock
Mar 14, 2012
$3,225,000
Rz Dairy Plaza LLC
Heartwood 13 LLC
Special Warranty Deed
$1,750,000 · Bankatlantic
May 18, 2011
—
Heartwood 13 LLC
Dairy Plaza Assocs Ltd Coc
Trustees Deed
related
—
—
—
1526 North Singleton LLC
—
Loan Modification
related
$9,090,000 · Bsprt Cre Fin LLC
—
—
1526 North Singleton LLC
—
Deed Of Trust
related
$260,000 · L&l Cap Ptrs LLC
—
—
Rz Dairy Plaza LLC
—
Deed Of Trust
related
$1,675,000 · Stuart Weinstock
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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