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    Property profile & analytics

    1895 New Hvn Ave West Melbourne, FL 32904-3931

    • Drive through restaurants
    • 3,764 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 05, 2022
    Location Intelligence
    Property ID
    US18-0665654
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 1895 New Hvn Ave

    Year built
    1983
    Construction
    WOOD
    Lot size
    0.86 lot acres
    Property size
    3,764 SF
    Zone code
    C2
    Property type
    Drive through restaurants
    APN
    28-37-05-00-00527.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.652
    Latitude
    28.0784
    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
    $16,211
    $450,000
    $535,550
    $985,550
    -
    $450,000
    $535,550
    $985,550

    Comparable in this City

    • Value Estimation
      $3,910,000
      3,969 SF

      4325 New Hvn Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,969 SF
      4325 New Hvn Ave, West Melbourne, FL 32904-3319
      View Details
    • Value Estimation
      $3,250,000
      3,075 SF

      135 Palm Bay Rd Ned

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,075 SF
      135 Palm Bay Rd Ned, West Melbourne, FL 32904-8600
      View Details
    • Value Estimation by Request
      3,104 SF

      189 Palm Bay NE Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,104 SF
      189 Palm Bay NE Rd, West Melbourne, FL 32904-8600
      View Details
    • Value Estimation
      $555,000
      1,944 SF

      290 Wickham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,944 SF
      290 Wickham Rd, West Melbourne, FL 32904-1134
      View Details
    • Value Estimation by Request
      2,556 SF

      2035 New Hvn Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,556 SF
      2035 New Hvn Ave, West Melbourne, FL 32904-3801
      View Details
    • Value Estimation by Request
      3,935 SF

      835 Palm Bay NE Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,935 SF
      835 Palm Bay NE Rd, West Melbourne, FL 32904-8400
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,728 SF

      Drive-Thru Restaurant Opportunity

      Second generation drive-thru restaurant in prime retail corridor.
      2650 W New Haven Ave, Melbourne, FL 32904
      View Details
    • $2,550,000
      1.15 Acres

      Former Wendy’s with Drive-Thru For Sale

      Restaurants • 2,728 SF
      2650 New Haven Ave, Melbourne, FL 32904
      View Details
    • $299,000
      4,000 SF

      West Melbourne Restaurant - $299K

      Profitable Woody's Bar-B-Q Franchise
      2261 New Hvn Ave, West Melbourne, FL 32904
      View Details
    • $950,000
      9,418 SF

      Multi-Building Commercial Property For Sale

      Three-building commercial property with bonus apartment, fully occupied, fenced.
      71-99 Sunset Dr, Melbourne, FL 32904
      View Details
    • $1,995,000
      3,315 SF

      Melbourne Retail Investment Opportunity

      High-Traffic Gas Station & Convenience Store
      3435 Minton Rd, Melbourne, FL 32904
      View Details
    • Contact for pricing
      350,000 SF

      Space Coast Town Center Development

      Mixed-use development opportunity in growing Space Coast region.
      US-192 & St Johns Heritage Pkwy, West Melbourne, FL 32904
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant Building in Melbourne, Florida

      4,676 SF free-standing restaurant building available for rent.
      Melbourne, FL 32904
      View Details
    • $17 SF/Yr
      3,000 SF

      Melbourne Retail & Office Space

      Prime 3,000 SF Single-Tenant Retail/Office
      3300 New Haven Ave, Melbourne, FL 32904
      View Details
    • Contact for pricing
      20,000 SF

      Palm Bay Commercial Opportunity

      Land parcels available for ground lease or purchase in Palm Bay.
      St. Johns Heritage Pkwy & Emerson Dr, Palm Bay, FL 32904
      View Details
    • $35 SF/Yr
      1,000 SF

      Retail Space in Growing Area

      Located in a high-growth area with strong tenant lineup.
      6385-6395 N Wickham Rd, Melbourne, FL 32904
      View Details
    • $13 SF/Yr
      1,300 SF

      Melbourne Retail Space - Prime Location

      Vacant Retail Space, Negotiable Terms
      3340 New Haven Ave, Melbourne, FL 32904
      View Details
    • $15 SF/Yr
      16,826 SF

      Melbourne Retail/Flex Space Available

      Freestanding building on major thoroughfare, ideal for retail/flex space.
      3800 W New Haven Ave, Melbourne, FL 32904
      View Details

    Property Visit Statistics

    • Visits by month
      5.2k
    • Visitors by month
      5.5k
    • Avg Time on site
      15 min
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    1895 New Hvn Ave
    West Melbourne, FL 32904-3931
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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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