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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3025 Kennedy St Mims, FL 32754

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6972032
    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

    • Commercial real estate

    Property Details for 3025 Kennedy St

    Property type
    Commercial real estate

    Description

    This exceptional 22,216 square foot commercial and residential land parcel presents a unique investment opportunity in Mims, Florida. Located at 3025 Kennedy Street, this 0.51-acre corner lot boasts a desirable location, offering both commercial and residential development potential. The property features a few mature trees, providing a touch of established landscaping. Its strategic position offers convenient access to US1, placing residents and businesses within easy reach of essential amenities. A new grocery store and Walgreens are just a short drive away, ensuring everyday convenience. Furthermore, the property's proximity to US1 provides quick access to pristine beaches (less than an hour away), Orlando International Airport, and the attractions of Daytona. This burgeoning area is experiencing significant growth, making this a prime opportunity for early investors to capitalize on the ongoing development. The asking price for this versatile property is $29,500. Don't miss this chance to secure a piece of Mims's promising future. The property is zoned for both commercial and residential use, offering flexibility for a variety of development plans. The address is 3025 Kennedy Street, Mims, FL 32754.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mims
    County
    Brevard
    State
    Florida
    Longitude
    -80.8431124
    Latitude
    28.6682183

    Comparable in this City

    • $365,000

      Prime Mims Land - 3.36 Acres

      Commercial & Residential Development Opportunity in Florida
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    • $239,000

      Mims Land: 4.29 Acres, $239K

      Prime Mims land, residential/commercial potential.
      14 Laurel Oak Ave, Mims, FL 32754
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    • $4,495,000
      257.00 Acres

      Riverfront Ranch - Mims, FL

      257 Acres, Turnkey Cattle Ranch, Prime Location
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    • $164,900

      Prime Mims Land - 3.18 Acres

      Spacious commercial/residential lot, ideal location.
      000 Hammock Rd, Mims, FL 32754
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    • $450,000

      Prime Mims Commercial Land

      5.54-Acre Multifamily Opportunity
      0000 Us Hwy 1 Hwy, Mims, FL 32754
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    • $45,000

      Prime Mims Land - $45K

      69,696 sq ft Commercial/Residential Lot
      0000 April Ln, Mims, FL 32754
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mims Land: Prime Commercial/Residential Plot

      9,583 sq ft lot, excellent investment potential.
      0 Unknown, Mims, FL 32754
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    • $150,000

      Prime Mims Land - $150K

      2.54-Acre Commercial/Residential Lot
      4995 Panther Ln, Mims, FL 32754
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    • $240,000

      Prime Mims Waterfront Land

      5.61 acres, ready to build, no HOA.
      000 Fain Ln, Mims, FL 32754
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    • Contact for pricing

      Mims, FL Commercial Land Investment

      53,143 SF Commercial/Residential Lot
      0 None Unknown, Mims, FL 32754
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    • $450,000

      Prime Mims Commercial Land

      Large lot, ideal for mixed-use development.
      4000 Deering Pkwy, Mims, FL 32754
      View Details
    • $599,000
      9.96 Acres

      Mims, FL Residential Land

      9.96 Acres, High & Dry, Residential Zoning
      4965 Harrison Rd, Mims, FL 32754
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      10,488 SF

      Highway 1 Commercial Property

      Mims, FL retail & warehouse space.
      3049 Us Highway 1, Mims, FL 32754
      View Details
    • $2,500 /Mo

      Mims, FL Commercial Space

      Outparcel with highway visibility, suitable for retail or office.
      3250 Hwy 1, Mims, FL 32754
      View Details
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    3025 Kennedy St
    Mims, FL 32754
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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