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    Property profile & analytics

    2970 Pat Mckee Pl Melbourne, FL 32940

    • Office buildings
    • 2,000 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,160,000
    Last Sale
    Nov 02, 2021
    $1,044,100
    Location Intelligence
    Property ID
    US18-6112398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2970 Pat Mckee Pl

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    2,000 SF
    Zone code
    C2
    Property type
    Office buildings
    APN
    26-37-30-00-00504.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,110,000
      6.5%
      $975,000
      7%
      $1,070,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,150,000
      Geo Method
      $1,175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $865,000
      Retail
      $1,090,000
      Mixed-Use
      $915,000
      Hospitality
      $1,040,000
      Educational
      $885,000
      Residential Income
      $865,000
      Energy
      $1,035,000
      Income-Based Land
      $1,005,000
      Food Service
      $1,000,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6714
    Latitude
    28.191
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $807
    $361,050
    $430,950
    $792,000
    -
    $361,050
    $430,950
    $792,000

    Comparable in this City

    • Value Estimation by Request
      202,791 SF

      2825 Judge Fran Jamieson Way

      OFFICE BUILDING (MULTI-STORY) • 202,791 SF
      2825 Judge Fran Jamieson Way, Melbourne, FL 32940-8006
      View Details
    • Value Estimation by Request
      9,748 SF

      1936 Freedom Dr

      OFFICE BUILDING • 9,748 SF
      1936 Freedom Dr, Melbourne, FL 32940-6876
      View Details
    • Value Estimation by Request
      18,219 SF

      5600 Stadium Pkwy

      OFFICE BUILDING • 18,219 SF
      5600 Stadium Pkwy, Melbourne, FL 32940-8001
      View Details
    • Value Estimation by Request
      8,122 SF

      6711 Lk Andrew Dr Ste, Unit 101

      OFFICE BUILDING • 8,122 SF
      6711 Lk Andrew Dr Ste, Melbourne, FL 32940-5999
      View Details
    • Value Estimation by Request
      11,918 SF

      2329 Medico Ln Ste, Unit 102

      OFFICE BUILDING • 11,918 SF
      2329 Medico Ln Ste, Melbourne, FL 32940-8449
      View Details
    • Value Estimation by Request
      31,815 SF

      330 Pineda Ct

      OFFICE BUILDING • 31,815 SF
      330 Pineda Ct, Melbourne, FL 32940-7547
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $3,500 /Mo
      1,052 SF

      Office with Garage and Lot

      Office space with garage and large lot for outdoor storage.
      2735 Allen Hill Ave, Melbourne, FL 32940
      View Details
    • $25 SF/Yr
      14,544 SF

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      First-floor office, ideal for various uses.
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      View Details
    • $32 SF/Yr
      20,000 SF

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      Modern Office Suites, Viera Location
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      View Details
    • $32 SF/Yr
      7,000 SF

      Professional/Medical Office Space Available

      Up to 7000 square feet of professional or medical office space.
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      View Details
    • $25 SF/Yr
      1,025 SF

      Suntree Retail Space for Sale

      Prime Retail/Office, 1,025 sq ft
      2955 Pineda Plaza Way, Melbourne, FL 32940
      View Details
    • $32 SF/Yr
      10,000 SF

      West Viera Medical Office Space

      New Construction, Flexible Suites, Prime Location
      7950 Stadium Pkwy, Melbourne, FL 32940
      View Details
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    2970 Pat Mckee Pl
    Melbourne, FL 32940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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