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    Property profile & analytics

    225 Cone Rd Merritt Island, FL 32952-3114

    • Medical offices
    • 3,431 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US18-4428625
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Ashish V. Dalal, MD / Oncologist
    • Solomon Zimm, MD / Oncologist / Hematologist
    • Jacqueline Luker, APRN / Oncologist / Doctor
    • Health First Medical Group / Medical Group
    • Ashish Dalal, MD / Hematologist / Doctor

    Property Details for 225 Cone Rd

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.08 lot acres
    Property size
    3,431 SF
    Zone code
    BU2
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    25-36-02-34-00000.0-0007.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $410,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $395,000
      Mixed-Use
      $385,000
      Hospitality
      $410,000
      Educational
      $365,000
      Residential Income
      $400,000
      Energy
      $430,000
      Income-Based Land
      $385,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Merritt Island
    County
    Brevard
    State
    Florida
    Longitude
    -80.6972
    Latitude
    28.3465
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,536
    $105,140
    $440,470
    $545,610
    -
    $105,140
    $440,470
    $545,610

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
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      4,080 SF

      258 Fortenberry Rd

      DENTAL BUILDING • 4,080 SF
      258 Fortenberry Rd, Merritt Island, FL 32952-3619
      View Details
    • Value Estimation
      $340,000
      5,483 SF

      80 Fortenberry Rd

      MEDICAL BUILDING • 5,483 SF
      80 Fortenberry Rd, Merritt Island, FL 32952-3616
      View Details
    • Value Estimation by Request
      5,178 SF

      1730 Merritt Is Cswy

      DENTAL BUILDING • 5,178 SF
      1730 Merritt Is Cswy, Merritt Island, FL 32952-2663
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    • Value Estimation
      $370,000
      3,448 SF

      630 Cone Park Ct

      MEDICAL BUILDING • 3,448 SF
      630 Cone Park Ct, Merritt Island, FL 32952-3779
      View Details
    • Value Estimation by Request
      6,256 SF

      295 Plumosa St

      DENTAL BUILDING • 6,256 SF
      295 Plumosa St, Merritt Island, FL 32952-3525
      View Details

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    225 Cone Rd
    Merritt Island, FL 32952-3114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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