1808 Baldwin St Rockledge, FL 32955-3207
Truck terminals
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Individually Owned
29-yr Hold
Absentee Owner
Free & Clear
For Sale
1 / 36
$3,490,000
1808 Baldwin St, Rockledge, FL 32955-3207
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Estimated value (blended)
$1.30M
Range $1.17M – $1.43M (±10%)
Property ID
US18-3473126
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1984
Construction
FRAME
Total area
11,896 SF
Lot
2.87 ac (125,017 SF)
Zoning code
M1
APN
25-36-09-00-00016.0-0000.00
UPID
US18-3473126
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$1.23M
Blend (final)
Blend
$1.30M
Owner & transaction history
since 1997
7 recorded transactions
Zoning & alternative use
M1 · Rockledge, FL
Zoning description
The purpose of M1 general industrial district are intended to apply to an area developed to a variety of storage, warehousing and light industrial operations, or which by its location, trend of development or planned dev…
General category
PLANNED_DEVELOPMENT
Top alternative use upside
Retail stores
$2.0M
+42.2%
Medical building
$1.9M
+32.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.30M
Value range
$1.17M – $1.43M
±10% around blend
Estimated value / SF
$109 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
40
Income certainty
100
$1.17M
blend $1.30M
$1.43M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,896 SF
Lot area
2.87 ac
Year built
1984
Stories
1
APN
25-36-09-00-00016.0-0000.00
Assessed value
$1,114,300
Annual tax
$18,132
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$18,132
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.71M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.2 mi away · 11,320 SF
16.7 mi away · 9,077 SF
23.9 mi away · 12,320 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.30M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$121
-9%
Submarket 102 sales
$120
-9%
County 169 sales
$109
+0%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $109/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+42%
vs current-use indication
Medical Building
Truck Terminal (motor Freight) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
6.51%
Selected cap rate for this truck terminals
Derived from the Rockledge market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.51%
9.0%
NOI (est.)
$227k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.49M
Move the market yield to see immediate price impact.
Value / SF
$294
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.01%6.51%7.01%
$205k
$3.40M
$3.14M
$2.92M
$227k
$3.78M
$3.49M
$3.24M
$250k
$4.16M
$3.84M
$3.57M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.15M
2.5 mi · Nov 2025 · $121/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,132
Tax year 2023
Assessed value
$1,114,300
Assessed 2023
Previous assessed
$1,053,750
+5.7% YoY
Effective rate
1.63%
On assessed value
Assessed land
$267,700
Assessed improvement
$846,600
Land market value
$267,700
Improvement market value
$846,600
Total market value
$1,114,300
Applied tax rate
23.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
For Sale
Year built
1984
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
11,896 SF
Lot
2.87 ac (125,017 SF)
Zoning code
M1
APN
25-36-09-00-00016.0-0000.00
UPID
US18-3473126
Jurisdiction
BREVARD
Zoning & alternative use
M1 · Rockledge, FLZoning M1 · permitted uses
M1 · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of M1 general industrial district are intended to apply to an area developed to a variety of storage, warehousing and light industrial operations, or which by its location, trend of development or planned dev…
General category
PLANNED_DEVELOPMENT
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
2.87 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
M1
PLANNED_DEVELOPMENT
Jurisdiction
Rockledge, FL
Recorded code
M1
Official district
M1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Rockledge, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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