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Property profile & analytics
OFF-MARKET
Estimated value
$3,640,000
Office buildings
2955 Columbia Blvd Titusville, FL 32780-7802
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5946660
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,988 SF
Lot
3.02 ac (131,551 SF)
Zoning code
RC
APN
22-35-29-AV-00000.0-0057.00
UPID
US18-5946660
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
by Request
CAP Approach
CAP
$4.02M
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$3.64M
Owner & transaction history
FEDERAL CREDIT UNION LAUNCH
FEDERAL CREDIT UNION LAUNCH
Zoning & alternative use
RC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and these regulations. These districts provide a wide range of goods and services of both a convenience and desirable nature to shoppers. RC distr…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
244.39 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$4.3M
+37.5%
Auto repair, garage
$3.8M
+21.0%
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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,350,000
6.5%
$4,015,000
7%
$3,730,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,100,000
Current use
COMMERCIAL (GENERAL)
$4,265,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,750,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$2,790,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$3.64M
Range $3.28M – $4.00M · ±10%
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
$202 / 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
$36,757
Tax year 2023
Assessed value
$1,852,680
Assessed 2023
Previous assessed
$1,694,690
+9.3% YoY
Effective rate
1.98%
On assessed value
Assessed land
$407,810
Assessed improvement
$1,444,870
Land market value
$407,810
Improvement market value
$1,444,870
Total market value
$1,852,680
Applied tax rate
14.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
17,988 SF
Lot
3.02 ac (131,551 SF)
Zoning code
RC
APN
22-35-29-AV-00000.0-0057.00
UPID
US18-5946660
Jurisdiction
BREVARD
Zoning & alternative use
RC · Titusville, FLZoning RC · permitted uses
RC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and these regulations. These districts provide a wide range of goods and services of both a convenience and desirable nature to shoppers. RC districts shall be located in a high intensity land use designations on the Future Land Use Map. Permitted uses and conditional uses require larger land areas with ample off-street parking and loading space. It is not the intent of this district that it shall be, used to encourage the extension of strip commercial areas.
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
244.39 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
3.02 ac
Current owner
From public records · entity-resolved
FEDERAL CREDIT UNION LAUNCH
Individual
Free & Clear · 0 yrs held
Mailing address
300 S PLUMOSA ST, MERRITT ISLAND, FL 32952-3526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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