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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1600 Aurora Rd Melbourne, FL 32935-4129
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-0668451
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,261 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CC2
APN
27-37-17-30-0000A.0-0001.00
UPID
US18-0668451
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
-
Chevron Gas Station
-
Amazon Locker - Rotation Postal Service Courier Service
-
Taqueria Y Hibachi Hernandez Restaurant Take-out & Catering
-
Bitcoin Depot | Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stephen S Hovermill
Stephen S Hovermill
since 2026
7 recorded transactions
Zoning & alternative use
CC2 · Melbourne, 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 Melbourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Melbourne 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,609
Tax year 2023
Assessed value
$616,830
Assessed 2023
Previous assessed
$616,830
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$243,600
Assessed improvement
$373,230
Land market value
$243,600
Improvement market value
$373,230
Total market value
$616,830
Applied tax rate
43.0000
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
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,261 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CC2
APN
27-37-17-30-0000A.0-0001.00
UPID
US18-0668451
Jurisdiction
BREVARD
Zoning & alternative use
CC2 · Melbourne, FL
Zoning CC2 · permitted uses
CC2 · Melbourne, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Melbourne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Stephen S Hovermill
Individual
Mailing address
402 HIGH PT DRA, COCOA, FL 32926-6600
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
—
Stephen S Hovermill
Stephen S Hovermill
Deed
related
—
Jun 11, 2014
$575,000
Aao Stores LLC
Sungrace INC
Warranty Deed
—
Dec 27, 2002
$1,025,000
Sungrace INC
All American Oil INC Of Brevar
Grant Deed
$900,000 · Community Bank Of The South
Jun 17, 1998
$40,000
John G Szymkuc
Crisafulli,bud & Mary C
Grant Deed
—
Jun 8, 1998
$155,000
All American Oil INC Brevard
Lebase,robert B & Shleby J
Grant Deed
—
—
—
Sungrace INC
—
Deed Of Trust
related
$100,000 · Shah Mahesh R Trust (pt)
—
—
Sungrace INC
—
Deed Of Trust
related
$100,000 · Southeast Petro Distributors I
—
—
Aao Stores LLC
—
Deed Of Trust
related
$960,000 · Branch Bk&tr
—
—
Kapil R Gandhi
—
Deed Of Trust
related
$140,000 · Community Bank Of The South
—
—
Sungrace INC
—
Deed Of Trust
related
—
—
—
Sungrace INC
—
Deed Of Trust
related
—
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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