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Property profile & analytics
OFF-MARKET
Estimated value
$9,920,000
Truck terminals
270 Barnes Blvd Rockledge, FL 32955-5319
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0741446
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1986
Construction
FRAME
Total area
76,273 SF
Lot
8.78 ac (382,457 SF)
Zoning code
IP
APN
25-36-23-00-00269.0-0000.00
UPID
US19-0741446
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
$9.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.72M
Blend (final)
Blend
$9.92M
Owner & transaction history
V2 Rockledge Barnes Blvd LLC · 1 yrs held
V2 Rockledge Barnes Blvd LLC
since 2025
Last sale
$11.7M
7 recorded transactions
Zoning & alternative use
IP · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.2M
+65.3%
Retail stores
$13.1M
+42.2%
Medical building
$12.2M
+32.7%
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 Rockledge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockledge 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
$9,460,000
ML approach
$9,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$9,200,000
Current use
OFFICE BUILDING
$15,210,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$13,085,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$12,205,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$9.92M
Range $8.93M – $10.91M · ±10% · vs last sale $11.65M (Jan 11 2025)
Last sale anchor
$11.65M
Jan 11 2025
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
$130 / 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
$62,174
Tax year 2023
Assessed value
$3,768,330
Assessed 2023
Previous assessed
$3,779,840
-0.3% YoY
Effective rate
1.65%
On assessed value
Assessed land
$462,680
Assessed improvement
$3,305,650
Land market value
$462,680
Improvement market value
$3,305,650
Total market value
$3,768,330
Applied tax rate
23.0000
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
2
Units
1
Rooms
1
Total area
76,273 SF
Lot
8.78 ac (382,457 SF)
Zoning code
IP
APN
25-36-23-00-00269.0-0000.00
UPID
US19-0741446
Jurisdiction
BREVARD
Zoning & alternative use
IP · Rockledge, FL
Zoning IP · permitted uses
IP · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockledge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$9.2M
OFFICE BUILDING
Est. value
$15.2M
RETAIL STORES
Est. value
$13.1M
MEDICAL BUILDING
Est. value
$12.2M
TRUCK TERMINAL (MOTOR FREIGHT) Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
1986
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
3
Units
1
Rooms
1
Lot
8.78 ac
Current owner
From public records · entity-resolved
V2 Rockledge Barnes Blvd LLC
Entity
Mailing address
67 MTN BLVD, WARREN, NJ 07059-5678
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
—
V2 Rockledge Barnes Blvd LLC
—
Deed
related
$48,700,000 · Webster Bank NA
Apr 11, 2025
$11,650,000
V2 Rockledge Barnes Blvd LLC
Rockledge Barnes Blvd LLC
Special Warranty Deed
—
Jul 28, 2022
$9,573,879
Rockledge Barnes Blvd LLC
Tecvalco Florida Holdings LP
Warranty Deed
$7,000,000 · Lakeland Bank
Nov 20, 2019
—
Tecvalco Florida Holdings LP
—
Deed
related
$801,250 · Business Dev Bk/canada
Jun 2, 2017
$3,500,000
Tecvalco Florida Holdings LP
Chrismia Partners LLC
Warranty Deed
$3,500,000 · Business Dev Bk/canada
Dec 29, 2014
—
Liberty Tire Recycling LLC
—
Loan Modification
related
$85,000,000 · Comerica Bk
Sep 13, 2007
$5,100,000
Chrismia Partners LLC
Carroll Distributing
Warranty Deed
$4,450,000 · Bank Brevard
—
—
Liberty Tire Recycling LLC
—
Loan Modification
related
$113,650,000 · Comerica Bk
—
—
Tecvalco Florida Holdings LP
—
Loan Modification
related
$801,250 · Business Dev Bk/canada
—
—
Chrismia Partners LLC
—
Deed Of Trust
related
$3,865,843 · Bankfirst
—
—
Chrismia Partners LLC
—
Loan Modification
related
$3,865,843 · Bankfirst
—
—
Chrismia Partners LLC
—
Loan Modification
related
$3,865,843 · 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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