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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Strip malls
2500 Hopkins Ave, Titusville, FL 32780-5081
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0534987
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,788 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CC
APN
22-35-15-AZ-00000.0-0010.01
UPID
US19-0534987
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
-
Mathews Sara DVM Veterinary Clinic
-
Low Cost Shot Clinic Veterinary Clinic
-
Best Used Appliances And Repairs Electronics & Wireless Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$815k
Owner & transaction history
2500 Hopkins Ave LLC · 3 yrs held
2500 Hopkins Ave LLC
since 2023
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+25.2%
Medical building
$1.2M
+12.7%
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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
$740,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,070,000
Current use
OFFICE BUILDING
$1,340,000
Change: +25% · Conversion: Moderate
MEDICAL BUILDING
$1,210,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,010,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $850k (Jun 8 2023)
Last sale anchor
$850k
Jun 8 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
$105 / 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
$11,349
Tax year 2023
Assessed value
$529,180
Assessed 2023
Previous assessed
$477,050
+10.9% YoY
Effective rate
2.14%
On assessed value
Assessed land
$46,800
Assessed improvement
$482,380
Land market value
$46,800
Improvement market value
$482,380
Total market value
$529,180
Applied tax rate
14.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
7
Total area
7,788 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CC
APN
22-35-15-AZ-00000.0-0010.01
UPID
US19-0534987
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FL
Zoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Titusville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
7
Lot
0.39 ac
Current owner
From public records · entity-resolved
2500 Hopkins Ave LLC
Entity
Mailing address
1800 S OCEAN DR APT #1003, HALLANDALE BEACH, FL 33009-7722
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
$850,000
2500 Hopkins Ave LLC
Vasilios Peros
Warranty Deed
—
Apr 12, 2021
—
Vasilios Peros
—
Deed
related
$427,500 · Marine Bank & Trust Co
Feb 20, 2019
$565,000
Vasilios Peros
Barr,david L & Angela L
Warranty Deed
$395,500 · Star Fund LLC
Jun 2, 2017
—
2500 S Hopkins Avenue Trust
Taylor Storage LLC
Warranty Deed
related
—
Jan 27, 2015
—
Taylor Storage LLC
—
Trustees Deed
related
$55,125 · Margaret Abercrombie
Dec 31, 2014
$210,000
Taylor Storage LLC|exeter 1031 Exchange Svcs LLC
Seacoast Natl Bk
Grant Deed
—
Jun 19, 2014
—
Bankfirst
Obrien,thomas J & Denise B Coc
Trustees Deed
related
—
May 10, 2007
—
Obrien Family Trust
Obrien,thomas J & Denise B
Quit Claim Deed
related
—
Oct 6, 2005
$441,400
Thomas J O'brien
Carl T Mance Ents INC
Warranty Deed
$255,000 · Bank Brevard
—
—
Thomas J O'brien
—
Deed Of Trust
related
$892,032 · Bankfirst
—
—
Thomas J O'brien
—
Deed Of Trust
related
$40,000 · Bankfirst
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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