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Property profile & analytics
FOR SALE
Office buildings
190 Center St, Cape Canaveral, FL 32920
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0577391
For Sale
1 / 3
$1,850,000
190 Center St, Cape Canaveral, FL 32920
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
FRAME
Total area
6,500 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C2
APN
24-37-23-JI-0000I.0-0000.00
UPID
US18-0577391
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
$1.45M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.33M
Owner & transaction history
Rjt Center LLC · 21 yrs held
Rjt Center LLC
since 2004
3 recorded transactions
Zoning & alternative use
C2 · Cape Canaveral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+79.8%
Commercial (general)
$1.5M
+25.5%
Auto repair, garage
$1.4M
+10.4%
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 Cape Canaveral submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Canaveral 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,570,000
6.5%
$1,450,000
7%
$1,350,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,230,000
Current use
RESTAURANT
$2,210,000
Change: +80% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,540,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,355,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$1,045,000
Change: -15% · Conversion: Moderate
MEDICAL BUILDING
$1,010,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
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
$12,843
Tax year 2023
Assessed value
$819,870
Assessed 2023
Previous assessed
$793,490
+3.3% YoY
Effective rate
1.57%
On assessed value
Assessed land
$105,560
Assessed improvement
$714,310
Land market value
$105,560
Improvement market value
$714,310
Total market value
$819,870
Applied tax rate
26.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1961
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
6,500 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C2
APN
24-37-23-JI-0000I.0-0000.00
UPID
US18-0577391
Jurisdiction
BREVARD
Zoning & alternative use
C2 · Cape Canaveral, FL
Zoning C2 · permitted uses
C2 · Cape Canaveral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Canaveral. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
RESTAURANT
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Rjt Center LLC
Entity
Mailing address
200 BALD CYPRESS CT, LONGWOOD, FL 32779-2528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2004
$920,000
Rjt Center LLC
Tech-vest INC
Warranty Deed
$690,000 · First Business Bank
Oct 23, 1997
$140,000
Tech Vest
Canaveral Industries INC
Grant Deed
—
Jan 13, 1997
$140,000
Tech-vest INC
Canaveral Industries INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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