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Property profile & analytics
OFF-MARKET
Estimated value
$6,885,000
Grocery and convenience stores
3505 Bayside Lks Blvd Se7-11, Palm Bay, FL 32909-6830
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5487667
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,175 SF
Lot
1.26 ac (54,886 SF)
Zoning code
PUD
APN
29-37-19-RX-00000.0-0016.00
UPID
US18-5487667
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
$7.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.89M
Owner & transaction history
3505 Bayside Lakes LLC · 4 yrs held
3505 Bayside Lakes LLC
since 2021
Last sale
$6.4M
7 recorded transactions
Zoning & alternative use
PUD · Palm Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Palm Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Bay 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
$7,640,000
ML approach
$7,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.89M
Range $6.20M – $7.57M · ±10% · vs last sale $6.36M (Nov 16 2021)
Last sale anchor
$6.36M
Nov 16 2021
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
$2,169 / 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
$22,764
Tax year 2023
Assessed value
$1,109,370
Assessed 2023
Previous assessed
$1,042,250
+6.4% YoY
Effective rate
2.05%
On assessed value
Assessed land
$592,240
Assessed improvement
$517,130
Land market value
$592,240
Improvement market value
$517,130
Total market value
$1,109,370
Applied tax rate
34.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,175 SF
Lot
1.26 ac (54,886 SF)
Zoning code
PUD
APN
29-37-19-RX-00000.0-0016.00
UPID
US18-5487667
Jurisdiction
BREVARD
Zoning & alternative use
PUD · Palm Bay, FL
Zoning PUD · permitted uses
PUD · Palm Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
3505 Bayside Lakes LLC
Entity
Mailing address
1 MAHANTONGO ST, POTTSVILLE, PA 17901-3083
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
$6,358,000
3505 Bayside Lakes LLC
3505 Bayside LLC
Special Warranty Deed
—
Jun 30, 2021
$4,550,000
3505 Bayside LLC
Diva Properties III LLC
Special Warranty Deed
$3,375,000 · Wheaton Bank & Trust Company
Nov 7, 2019
$3,900,000
Diva Properties III LLC
Clr Holdings LLC
Grant Deed
$2,750,000 · Valley Nat'l Bk
Apr 26, 2013
$3,650,000
Clr Holdings LLC
Siegel Ronald B 2004 Trust
Grant Deed
—
Jan 8, 2008
$2,890,000
Abeledo Enrique Trust
Abeledo Family LLC
Warranty Deed
—
Jan 18, 2006
—
Abeledo Family LLC
Abeledo,enrique
Quit Claim Deed
related
—
—
—
Ronald B Revocable 2 Siegel
—
Deed Of Trust
related
$2,002,000 · Space Coast Cu
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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