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Property profile & analytics
OFF-MARKET
Retail space
1765 Patrick Dr Indian Harbour Beach, FL 32937-4336
Entity Owned
16-yr Hold
Free & Clear
Property ID
US19-0409799
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
WOOD
Total area
2,904 SF
Lot
0.57 ac (24,829 SF)
Zoning code
B1
APN
27-37-02-00-00508.1-0000.00
UPID
US19-0409799
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Causeway Storage Complex LLC · 16 yrs held
Causeway Storage Complex LLC
since 2009
4 recorded transactions
Zoning & alternative use
B1 · Indian Harbour Beach, FL
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 Indian Harbour Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Harbour 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
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
$5,493
Tax year 2023
Assessed value
$348,660
Assessed 2023
Previous assessed
$341,900
+2.0% YoY
Effective rate
1.58%
On assessed value
Assessed land
$191,190
Assessed improvement
$157,470
Land market value
$191,190
Improvement market value
$157,470
Total market value
$348,660
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,904 SF
Lot
0.57 ac (24,829 SF)
Zoning code
B1
APN
27-37-02-00-00508.1-0000.00
UPID
US19-0409799
Jurisdiction
BREVARD
Zoning & alternative use
B1 · Indian Harbour Beach, FLZoning B1 · permitted uses
B1 · Indian Harbour Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map 2023
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Causeway Storage Complex LLC
Entity
Free & Clear · 16 yrs held
Mailing address
415 PRT ROYAL BLVD, SATELLITE BCH, FL 32937-3837
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2009
—
Causeway Storage Complex LLC
Causeway Storage Complex LLC
Quit Claim Deed
related
—
Dec 17, 2008
—
Causeway Storage Complex LLC
Roy Remi & Edna Trust
Warranty Deed
related
—
Nov 2, 2005
—
Roy Remi & Edna Trust
Roy,remi & Edna
Quit Claim Deed
related
—
Mar 17, 2003
$245,000
Remi Roy
Stowers,frederick P & Beverly J
Grant Deed
—
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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