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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Grocery and convenience stores
1990 Michigan Ave Cocoa, FL 32922-5700
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-2195889
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,752 SF
Lot
0.85 ac (37,026 SF)
Zoning code
CN
APN
24-36-20-00-00293.0-0000.00
UPID
US18-2195889
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
Current use
Occupant on record · Public records
-
La Estancia Restaurant Restaurant
-
Chevron Gas Station
-
LibertyX Bitcoin ATM Atm
-
Taquería Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$2.01M
Owner & transaction history
Standard Development Company LLC · 3 yrs held
Standard Development Company LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
CN · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cocoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
$1,980,000
ML approach
$1,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $2.28M (Jul 7 2023)
Last sale anchor
$2.28M
Jul 7 2023
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
$423 / 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
$11,852
Tax year 2023
Assessed value
$546,170
Assessed 2023
Previous assessed
$430,880
+26.8% YoY
Effective rate
2.17%
On assessed value
Assessed land
$114,780
Assessed improvement
$431,390
Land market value
$114,780
Improvement market value
$431,390
Total market value
$546,170
Applied tax rate
23.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Total area
4,752 SF
Lot
0.85 ac (37,026 SF)
Zoning code
CN
APN
24-36-20-00-00293.0-0000.00
UPID
US18-2195889
Jurisdiction
BREVARD
Zoning & alternative use
CN · Cocoa, FL
Zoning CN · permitted uses
CN · Cocoa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Lot
0.85 ac
Current owner
From public records · entity-resolved
Standard Development Company LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6400 BANNINGTON RD, CHARLOTTE, NC 28226-1327
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2023
$1,237,000
Standard Development Company LLC
All American Oil LLC
Special Warranty Deed
—
Jul 7, 2023
$2,280,200
Crh II B LLC
Standard Development Company LLC
Warranty Deed
—
Dec 17, 2020
$825,000
All American Oil LLC
Cocoa Petro LLC
Warranty Deed
—
Jun 27, 2018
—
Cocoa Petro LLC
—
Deed
related
$385,098 · Sunrise Bk
Oct 11, 2017
—
Toh Investments LLC
—
Deed
related
$74,393 · Quik Gas & Food INC
May 5, 2008
$724,000
Cocoa Petro LLC
Harold T Bistline
Warranty Deed
$750,000 · Rbc Bank USA
—
—
Toh Investments LLC
—
Deed Of Trust
related
$74,393 · Quik Gas & Food INC
—
—
Cocoa Petro LLC
—
Loan Modification
related
$385,098 · Sunrise Bk
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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