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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Grocery and convenience stores
256 Hwy A1a Satellite Beach, FL 32937-2096
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US19-0468661
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,200 SF
Lot
1.3 ac (56,628 SF)
Zoning code
BU1
APN
26-37-23-00-00761.0-0000.00
UPID
US19-0468661
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
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.42M
Owner & transaction history
256 Highway LLC · 3 yrs held
256 Highway LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
BU1 · Satellite Beach, 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 Satellite Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Satellite Beach 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
$1,280,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.48M (Jun 1 2023)
Last sale anchor
$1.48M
Jun 1 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
$442 / 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
$13,260
Tax year 2023
Assessed value
$892,790
Assessed 2023
Previous assessed
$700,000
+27.5% YoY
Effective rate
1.49%
On assessed value
Assessed land
$792,790
Assessed improvement
$100,000
Land market value
$792,790
Improvement market value
$100,000
Total market value
$892,790
Applied tax rate
4,100.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Total area
3,200 SF
Lot
1.3 ac (56,628 SF)
Zoning code
BU1
APN
26-37-23-00-00761.0-0000.00
UPID
US19-0468661
Jurisdiction
BREVARD
Zoning & alternative use
BU1 · Satellite Beach, FL
Zoning BU1 · permitted uses
BU1 · Satellite Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Satellite Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
256 Highway LLC
Entity
Mailing address
2101 WAVERLY PL STE #100, MELBOURNE, FL 32901-5489
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
Jun 1, 2023
$1,475,000
256 Highway LLC
Das Family II LLC
Special Warranty Deed
—
Dec 14, 2016
$550,000
Das Family II LLC
Guru Investment INC Of Melbourne
Warranty Deed
$850,000 · Sunrise Bank
Apr 12, 2005
$1,000,000
Guru Inv INC Of Melbourne
Shiva 256 A1a LLC
Warranty Deed
$620,000 · Andrew S Siew
—
—
Elizabeth W Camp
—
Deed Of Trust
related
$227,000 · Chase Manhattan Mortgage Corp
—
—
Elizabeth W Camp
—
Deed Of Trust
related
$21,000 · Chase Manhattan Mortgage Corp
—
—
Guru Investments INC Of Melbourne
—
Deed Of Trust
related
$550,000 · Sunrise Bank
—
—
Guru Inv INC Of Melbourne
—
Deed Of Trust
related
$850,000 · Branch Banking & Trust Co
—
—
Guru Investment INC Of Melbourne
—
Deed Of Trust
related
$725,000 · Mv 51 Investments LLC
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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