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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Strip malls
285 Lk Vw Blvd Cocoa, FL 32926-4176
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6075092
Property summary
AI-generated overview
This versatile 4,000 square foot commercial property, located at 285 N Lakeview Blvd in Cocoa, Florida (zip code 32926), presents a unique investment opportunity. The property is classified as Land, Industrial, and Office, and functions as a single-tenant building with one suite. Its prime location offers excellent accessibility and visibility, situated conveniently off SR 520 and I-95 in North Central Brevard County. The building features a front office area complete with two bathrooms and a kitchen. A significant portion of the space is dedicated to warehouse facilities, equipped with garage doors, ideal for storage, inventory management, or light industrial operations. The flexible layout makes it suitable for a variety of uses, including but not limited to a gym or dance studio. The property's APN is 24-35-36-00-277.1. While the lot size is not specified, the building itself offers substantial space for a business seeking a blend of office and warehouse functionality. This property is ready for immediate occupancy and presents a strong opportunity for growth and success.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,112 SF
Lot
1.2 ac (52,272 SF)
Zoning code
BU1
APN
24-35-36-00-00277.1-0000.00
UPID
US18-6075092
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
-
Fresh Start Living Ministries Church
-
Brilliant Creations Childcare Daycare Center Foster Care Service
-
Paxen Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$912k
Blend (final)
Blend
$675k
Owner & transaction history
Lpr King LLC · 3 yrs held
Lpr King LLC
since 2023
Last sale
$690,000
5 recorded transactions
Zoning & alternative use
BU1 · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+23.3%
Auto repair, garage
$1.0M
+16.1%
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 Cocoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
$600,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Current use
RETAIL STORES
$1,105,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,040,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$795,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $690k (Apr 25 2023)
Last sale anchor
$690k
Apr 25 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
$83 / 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
$8,248
Tax year 2023
Assessed value
$497,740
Assessed 2023
Previous assessed
$427,220
+16.5% YoY
Effective rate
1.66%
On assessed value
Assessed land
$118,130
Assessed improvement
$379,610
Land market value
$118,130
Improvement market value
$379,610
Total market value
$497,740
Applied tax rate
1,800.0000
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
8,112 SF
Lot
1.2 ac (52,272 SF)
Zoning code
BU1
APN
24-35-36-00-00277.1-0000.00
UPID
US18-6075092
Jurisdiction
BREVARD
Zoning & alternative use
BU1 · Cocoa, FLZoning BU1 · permitted uses
BU1 · Cocoa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$895,000
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Lpr King LLC
Entity
Mailing address
577 BARNES BLVD STE #650, ROCKLEDGE, FL 32955-5299
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
$690,000
Lpr King LLC
Marie E Bridges
Warranty Deed
$551,250 · Community Cu Of Florida
Mar 19, 2018
—
Bridges,marie E Trust
Bridges,marie E
Quit Claim Deed
related
—
Oct 27, 2004
$550,000
Robert T Bridges
Rohde,david O & Shirley C
Warranty Deed
related
$440,000 · Community Bank South
Oct 1, 2004
—
Record Owner
Owner,record
Grant Deed
related
—
Jul 3, 1997
$49,500
Rohde Builders INC
Kulczyk,christine A
Grant Deed
related
—
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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