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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Warehouses
194 Ctr St Cape Canaveral, FL 32920-3728
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0570460
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1961
Total area
15,368 SF
Lot
1.02 ac (44,431 SF)
Zoning code
C2
APN
24-37-23-JI-0000E.3-0000.00
UPID
US18-0570460
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
$1.63M
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.61M
Owner & transaction history
Rjt Center LLC · 21 yrs held
Rjt Center LLC
since 2004
2 recorded transactions
Zoning & alternative use
C2 · Cape Canaveral, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.5M
+28.5%
Medical building
$2.4M
+23.9%
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%
$1,765,000
6.5%
$1,630,000
7%
$1,515,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,925,000
Current use
RETAIL STORES
$2,470,000
Change: +28% · Conversion: Moderate
MEDICAL BUILDING
$2,385,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±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
$104 / 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
$2,000
Tax year 2023
Assessed value
$67,690
Assessed 2023
Previous assessed
$67,690
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$64,120
Assessed improvement
$3,570
Land market value
$64,120
Improvement market value
$3,570
Total market value
$67,690
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1961
Heating
YES
Cooling
YES
Stories
1
Total area
15,368 SF
Lot
1.02 ac (44,431 SF)
Zoning code
C2
APN
24-37-23-JI-0000E.3-0000.00
UPID
US18-0570460
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
WAREHOUSE, STORAGE Current
Est. value
$1.9M
RETAIL STORES
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE Current
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
Heating
YES
Cooling
Yes
Stories
1
Lot
1.02 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
2 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
Mar 1, 1995
—
Tech-vest INC
—
Grant Deed
related
—
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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