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    Property profile & analytics

    1785 Patrick Dr Indian Harbour Beach, FL 32937-4304

    • Warehouses
    • 10,206 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $2,220,000
    Last Sale
    Jan 04, 2024
    $2,200,000
    Location Intelligence
    Property ID
    US18-5077595
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1785 Patrick Dr

    Year built
    1965
    Construction
    STEEL FRAME
    Lot size
    1.52 lot acres
    Property size
    10,206 SF
    Zone code
    B1
    Property type
    Warehouses
    APN
    27-37-02-00-00503.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,015,000
      6.5%
      $2,320,000
      7%
      $1,995,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,110,000
      Geo Method
      $2,265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,660,000
      Retail
      $2,545,000
      Mixed-Use
      $2,260,000
      Hospitality
      $2,640,000
      Educational
      $2,485,000
      Residential Income
      $2,210,000
      Energy
      $2,475,000
      Income-Based Land
      $2,355,000
      Food Service
      $1,940,000

    Location Insight

    • Map
    • Local Demand
    City
    Indian Harbour Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6016
    Latitude
    28.1586
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,113
    $695,100
    $512,110
    $1,207,210
    -
    $695,100
    $512,110
    $1,207,210

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      Satellite Beach, FL 32937

      MINI-WAREHOUSE, STORAGE • 0.09 Acres
      Satellite Beach, FL 32937
      View Details
    • Value Estimation by Request
      0.09 Acres

      Satellite Beach, FL 32937

      MINI-WAREHOUSE, STORAGE • 0.09 Acres
      Satellite Beach, FL 32937
      View Details
    • Value Estimation
      $225,000
      2,000 SF

      131 Tomahawk Dr, Unit U-4

      WAREHOUSE, STORAGE • 2,000 SF
      131 Tomahawk Dr, Indian Harbour Beach, FL 32937-3544
      View Details
    • Value Estimation
      $195,000
      2,000 SF

      131 Tomahawk Dr, Unit U-26

      WAREHOUSE, STORAGE • 2,000 SF
      131 Tomahawk Dr, Indian Harbour Beach, FL 32937-3544
      View Details
    • Value Estimation
      $250,000
      1,000 SF

      131 Tomahawk Dr, Unit U-9

      WAREHOUSE, STORAGE • 1,000 SF
      131 Tomahawk Dr, Indian Harbour Beach, FL 32937-3544
      View Details
    • Value Estimation
      $250,000
      2,167 SF

      Satellite Beach, FL 32937

      MINI-WAREHOUSE, STORAGE • 2,167 SF
      Satellite Beach, FL 32937
      View Details

    Similar Nearby for Sale

    • $275,000
      Pending

      New Warehouses Under Construction

      New warehouse units under construction, completion approximately October 2022.
      102 Tomahawk Dr, Indian Harbour Beach, FL 32937
      View Details
    • $325,000
      Pending

      Indian Harbour Beach Warehouse Unit

      Warehouse unit for sale in Indian Harbour Beach, Florida.
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    • $1,150,000
      Pending

      Indian Harbour Beach Warehouse Units

      Five warehouse units under construction in Indian Harbour Beach, Florida.
      102 Tomahawk Dr, Indian Harbour Beach, FL 32937
      View Details
    • Contact for pricing
      3,029 SF

      Prime Beachside Retail & Fuel Center

      High-traffic C-Store & Gas Station in Satellite Beach, FL
      1904 Patrick Dr, Indian Harbour Beach, FL 32937
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    • $10,000,000
      4.75 Acres

      Oceanfront Hotel Development Site

      Prime Beachfront Land, 4.75 Acres
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    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

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      Retail space near beaches with high traffic and local residents.
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      View Details
    • Contact for pricing

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      Land with a building near schools and upcoming development.
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    • $22 SF/Yr
      10,519 SF

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      High-traffic retail/office suites.
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    • $22 SF/Yr
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      Highway A1A Retail Opportunity

      Prime Retail Space, High Traffic Area
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    • $400 /Mo
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      Satellite Beach Executive Office Space

      Executive office space for rent, immediate occupancy, great location.
      1290 Highway A1A, Melbourne, FL 32937
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    • Contact for pricing
      123,258 SF

      Ocean Springs Shopping Center: Prime Retail

      Beachfront Retail Space Available; High Traffic Area
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      View Details
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    Indian Harbour Beach, FL 32937-4304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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