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Property profile & analytics
OFF-MARKET
Estimated value
$3,950,000
Grocery and convenience stores
1990 Viera Blvd Rockledge, FL 32955-6670
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6572257
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,277 SF
Lot
2.27 ac (98,881 SF)
Zoning code
PUD
APN
25-36-33-SS-00000.0-0002.00
UPID
US18-6572257
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
$3.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.74M
Blend (final)
Blend
$3.95M
Owner & transaction history
Cumberland Rockledge LLC · 4 yrs held
Cumberland Rockledge LLC
since 2022
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
PUD · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.5M
+28.9%
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 Rockledge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockledge 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
$3,955,000
ML approach
$3,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$3,500,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,510,000
Change: +29% · Conversion: Difficult
RESTAURANT
$3,165,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.95M
Range $3.56M – $4.35M · ±10% · vs last sale $4.00M (Jan 14 2022)
Last sale anchor
$4.00M
Jan 14 2022
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
$477 / 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
$47,179
Tax year 2023
Assessed value
$2,884,820
Assessed 2023
Previous assessed
$1,381,950
+108.7% YoY
Effective rate
1.64%
On assessed value
Assessed land
$1,184,530
Assessed improvement
$1,700,290
Land market value
$1,184,530
Improvement market value
$1,700,290
Total market value
$2,884,820
Applied tax rate
430.0000
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
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
8,277 SF
Lot
2.27 ac (98,881 SF)
Zoning code
PUD
APN
25-36-33-SS-00000.0-0002.00
UPID
US18-6572257
Jurisdiction
BREVARD
Zoning & alternative use
PUD · Rockledge, FL
Zoning PUD · permitted uses
PUD · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockledge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
RESTAURANT
Est. value
$3.2M
SERVICE STATION (FULL SERVICE) Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Cumberland Rockledge LLC
Entity
Mailing address
200 BOSTON POST RD STE #13, ORANGE, CT 06477-3245
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
$4,000,000
Cumberland Rockledge LLC
Star Rush Partners LLC
Special Warranty Deed
$2,700,000 · Ameris Bank
Feb 1, 2019
$1,650,000
Star Rush Partners LLC
Schacht Family Holding Co LLC
Grant Deed
$1,850,000 · Branch Bk&tr
Mar 16, 2017
—
State Of Florida Dept Of Trans
Viera Co
Warranty Deed
related
—
Dec 28, 2012
—
Schacht Family Holding Co LLC
Schacht Roy A Living Trust
Quit Claim Deed
—
Jan 10, 2011
—
Schacht Roy A Living Trust
Majesty Florida LP
Warranty Deed
—
Jan 25, 2007
—
Florida Majesty
Sterling Ents Of Brevard LLC
Warranty Deed
—
Jun 19, 2006
$988,900
Florida Majesty
Viera
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.
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