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Property profile & analytics
OFF-MARKET
Retail space
264 Grv St Merritt Island, FL 32953-3444
Individually Owned
~
Est. High Equity
Property ID
US18-5013896
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
WOOD
Total area
2,560 SF
Lot
0.28 ac (12,197 SF)
Zoning code
BU-1
APN
24-36-35-32-0000L.0-0018.00
UPID
US18-5013896
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
-
Face Place Etc Hair Salon Nail Salon
-
Synergy Float Spa Alternative Medicine Practice Spa & Massage Center
-
Harmony Holistic Skin Spa Medical Clinic Skin Care Clinic
-
IT'S ALL ABOUT YOU SALON AND DAY SPA Hair Salon Nail Salon
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
Christopher Jones
Christopher Jones
since 2025
Last sale
$438,000
4 recorded transactions
Zoning & alternative use
BU-1 · 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
$4,843
Tax year 2023
Assessed value
$366,350
Assessed 2023
Previous assessed
$211,220
+73.4% YoY
Effective rate
1.32%
On assessed value
Assessed land
$87,500
Assessed improvement
$278,850
Land market value
$87,500
Improvement market value
$278,850
Total market value
$366,350
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
1930
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,560 SF
Lot
0.28 ac (12,197 SF)
Zoning code
BU-1
APN
24-36-35-32-0000L.0-0018.00
UPID
US18-5013896
Jurisdiction
BREVARD
Zoning & alternative use
BU-1 · Merritt Island, FLZoning BU-1 · permitted uses
BU-1 · Merritt Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Christopher Jones
Individual
Mailing address
264 N GRV ST, MERRITT ISLAND, FL 32953-3444
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2025
$140,000
Christopher Jones
Synergy Float Center INC
Quitclaim Deed
related
—
Jan 26, 2023
$438,000
Synergy Float Center INC
Daniel A Mcgirr
Warranty Deed
$313,000 · Daniel Mcgirr
—
—
Daniel A Mcgirr
—
Deed Of Trust
related
$30,583 · Bank Of America
—
—
Daniel A Mcgirr
—
Deed Of Trust
related
$15,302 · Bank Of America
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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