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Property profile & analytics
OFF-MARKET
Retail space
218 Parnell St Merritt Island, FL 32953-4714
Individually Owned
1-yr Hold
Free & Clear
Property ID
US19-0406545
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
960 SF
Lot
0.14 ac (6,098 SF)
Zoning code
BU1
APN
24-36-35-32-0000K.0-0026.00
UPID
US19-0406545
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
-
Go Travel Travel Agency
-
Bodacious, Too Hair Salon Nail Salon
-
Steven Wall Alternative Medicine Practice Spa & Massage Center
-
Blue Moon Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cynthia L Tyrrell · 1 yrs held
Cynthia L Tyrrell
since 2024
Last sale
$180,000
7 recorded transactions
Zoning & alternative use
BU1 · Merritt Island, 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 Merritt Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merritt Island 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,611
Tax year 2023
Assessed value
$149,460
Assessed 2023
Previous assessed
$149,460
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$43,750
Assessed improvement
$105,710
Land market value
$43,750
Improvement market value
$105,710
Total market value
$149,460
Applied tax rate
2,200.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
960 SF
Lot
0.14 ac (6,098 SF)
Zoning code
BU1
APN
24-36-35-32-0000K.0-0026.00
UPID
US19-0406545
Jurisdiction
BREVARD
Zoning & alternative use
BU1 · Merritt Island, FL
Zoning BU1 · permitted uses
BU1 · Merritt Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Merritt Island. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Cynthia L Tyrrell
Individual
Free & Clear · 1 yrs held
Mailing address
480 INDIAN BAY BLVD, MERRITT ISLAND, FL 32953-7805
Ownership since
2024
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 30, 2024
$210,000
Cynthia L Tyrrell
Cynthia L Tyrrell
Warranty Deed
related
—
Apr 13, 2021
$180,000
Cynthia L Tyrrell
Celeno West
Warranty Deed
—
Nov 21, 2017
$130,000
Celeno West
Speedbump LLC
Warranty Deed
—
Sep 29, 2008
—
Speedbump LLC
Quenzler,david C & Pamela S
Warranty Deed
—
Dec 13, 2005
$203,000
David C Quenzler
Trout,nathan M & Andrea J
Warranty Deed
—
Jun 15, 2005
$166,000
Nathan M Trout
Boyer,carlos S & Katherine
Warranty Deed
$199,500 · Riverside National Bank
Nov 2, 2004
$140,000
Carlos S Boyer
Sewall,scott A & Lynda H
Warranty Deed
$100,000 · Coastal Bank
Oct 11, 2002
—
Ralph S Perrone
Hawks,vicki H
Quit Claim 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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