Financial
Distress signals
Property profile

2936 Sarno Rd Melbourne, FL 32935

FOR LEASE
Drive through restaurants
Property ID
US18-0260796
2,528 SF 1.05 ac lot Built 2021
Last sale Jan 2003 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial land parcel located on a corner site in Melbourne, Florida, with nearby retail, schools, and residential areas. It contains approximately 1.66 acres and is zoned C-2 General Commercial by the City of Melbourne. The parcel has approximately 150 feet of frontage along Wickham Road and approximately 495 feet of frontage along Sarno Road, and it provides direct access to Interstate 95 and U.S. Highway 1. Orlando–Melbourne International Airport is located nearby, and the property is directly across the street from a Walmart Super Center.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$915k
Assessed land$309k
Assessed improvement$606k
Effective rate2.18%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$465k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$382/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$181 – $597
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC2
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.4
Auto Parts Store15.2
Parking Facility14.9

Location

2936 Sarno Rd Melbourne, FL 32935
County assessor Recorded deeds · 1 transfer 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2870 Post, Melbourne, FL 32935-2319 $615,000 Apr 2025 1,654 SF
1682 Hbr City, Melbourne, FL 32935-7602 $380,000 Mar 2025 3,520 SF
2500 Wickham, Melbourne, FL 32935-8135 $1,365,000 Oct 2024 3,692 SF
489 Babcock, Melbourne, FL 32935-6805 $250,000 Jun 2024 3,784 SF
1461 Sarno, Melbourne, FL 32935-5207 $330,000 May 2023 3,146 SF
2015 Wickham, Melbourne, FL 32935-8107 $2,842,200 Mar 2023 2,726 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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