Individually Owned 
For Lease
1 / 8
$1,700/Mo
3380 Park Ave Unit 9,Unit 9, Titusville, FL 32780
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,080 SF
Lot
0.74 ac (32,234 SF)
Zoning code
OP
APN
22-35-17-AV-00000.0-0067.53
UPID
US18-0510507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor Construction Company
-
Insurance Agency
-
Consultant Event Management Company
-
Construction Company General Contractor
-
Medical Clinic Skin Care Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$350k
Owner & transaction history
since 2004
1 recorded transaction
Zoning & alternative use
OP · Titusville, FL
Zoning description
The Office Professional (OP) district is created to encourage and accommodate the development of professional and business office space at locations where such use is compatible with the surrounding land use pattern and…
General category
COMMERCIAL
Top alternative use upside
Commercial (general)
$965,000
+37.5%
Auto repair, garage
$850,000
+21.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 10 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$350k
Value range
$315k – $385k
±10% around blend
Estimated value / SF
$86 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$315k
blend $350k
$385k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,080 SF
Lot area
0.74 ac
Year built
1999
Stories
1
APN
22-35-17-AV-00000.0-0067.53
Zoning
OP
Assessed value
$423,510
Annual tax
$8,672
3
Income approach: direct capitalization
Partial preview
Income approach indication
$910k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$985k
@ 6.5% CAP return
$910k
@ 7% CAP return
$845k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$8,672
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$732k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.5 mi away · 3,200 SF
16.9 mi away · 3,693 SF
17.2 mi away · 4,409 SF
33.2 mi away · 3,042 SF
33.6 mi away · 4,898 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$350k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 39 sales
$172
-50%
Submarket 60 sales
$162
-47%
County 529 sales
$189
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $86/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+38%
vs current-use indication
Auto Repair, Garage
Office Building · current use
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$133k
Move the market yield to see immediate price impact.
Value / SF
$33
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$168k
$120k
$93k
$9k
$186k
$133k
$103k
$10k
$205k
$146k
$114k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$750k
3.7 mi · Apr 2026 · $177/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,672
Tax year 2023
Assessed value
$423,510
Assessed 2023
Previous assessed
$374,100
+13.2% YoY
Effective rate
2.05%
On assessed value
Assessed land
$62,860
Assessed improvement
$360,650
Land market value
$62,860
Improvement market value
$360,650
Total market value
$423,510
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
7
Total area
4,080 SF
Lot
0.74 ac (32,234 SF)
Zoning code
OP
APN
22-35-17-AV-00000.0-0067.53
UPID
US18-0510507
Jurisdiction
BREVARD
Zoning & alternative use
OP · Titusville, FLZoning OP · permitted uses
OP · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The Office Professional (OP) district is created to encourage and accommodate the development of professional and business office space at locations where such use is compatible with the surrounding land use pattern and…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
7
Lot
0.74 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OP
COMMERCIAL
Jurisdiction
Titusville, FL
Recorded code
OP
Official district
OP
Official district profile
What the municipal code says about OP
Zoning description
The Office Professional (OP) district is created to encourage and accommodate the development of professional and business office space at locations where such use is compatible with the surrounding land use pattern and…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP in Titusville, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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