Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2840 Allen Hill Ave Melbourne, FL 32940

FOR LEASE
Truck terminals
Property ID
US18-5915724
7,500 SF 1.04 ac lot Built 1997
Last sale Aug 2026 · $1,942,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a heavy industrial-zoned warehouse complex built in 1998 and configured as 8 individual units, each with associated office areas and overhead doors. Parking is provided on both sides of each warehouse to facilitate access throughout the site. The property underwent extensive interior and exterior renovations, including new paint and signage. Vehicular access is provided from Allen Hill Avenue, near US Highway One, with Pineda Causeway located approximately 1 mile away and I-95…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$757k
Assessed land$181k
Assessed improvement$576k
Effective rate1.77%

Value estimate

· Nov 2026
$430k
$387k – $473k
AI approach$350k
NOI build-up
Gross scheduled income$125k
Vacancy & credit loss−$4k
Operating expenses−$36k
NOI · 706,583.33% cap applied$85k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$65 – $178
Qualifying comparables7

Cap rate analysis

How does the asset earn?
706,583.33%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IU
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.7
Parking Facility11.1
HVAC Service10.5

Location

2840 Allen Hill Ave Melbourne, FL 32940
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5097 Industry Dr, Melbourne, FL 32940-8302 $3,700,000 Aug 2024 9,768 SF
5150 Industry, Melbourne, FL 32940-7114 $350,000 Dec 2023 12,000 SF
2720 Ctr, Melbourne, FL 32940-7130 $1,480,000 Oct 2022 11,320 SF
2735 Ctr, Melbourne, FL 32940-7385 $940,000 Dec 2021 13,200 SF
5099 Industry Dr, Melbourne, FL 32940-8300 $350,000 Jul 2020 7,410 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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