Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3705 Murrell Rd Ste, Unit 105 Rockledge, FL 32955-4704

    • Strip malls
    • 4,030 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $1,200,000
    Last Sale
    Jul 06, 2021
    $1,149,000
    Location Intelligence
    Property ID
    US18-0136070
    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

    • Strip malls

    Property Details for 3705 Murrell Rd Ste

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    4,030 SF
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    25-36-22-00-00266.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $980,000
      6.5%
      $1,040,000
      7%
      $1,095,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,175,000
      Geo Method
      $1,110,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,115,000
      Retail
      $1,010,000
      Mixed-Use
      $1,205,000
      Hospitality
      $1,150,000
      Educational
      $1,135,000
      Residential Income
      $1,055,000
      Energy
      $1,195,000
      Income-Based Land
      $925,000
      Food Service
      $985,000

    Location Insight

    • Map
    • Local Demand
    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.7215
    Latitude
    28.2964
    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
    $12,429
    $253,530
    $332,230
    $585,760
    -
    $253,530
    $332,230
    $585,760

    Comparable in this City

    • Value Estimation by Request
      25,004 SF

      1856 Us Hwy 1st 1

      SHOPPING CENTER, STRIP CENTER • 25,004 SF
      1856 Us Hwy 1st 1, Rockledge, FL 32955-2822
      View Details
    • Value Estimation by Request
      9,480 SF

      3179 Suntree Blvd, Unit 2

      SHOPPING CENTER, STRIP CENTER • 9,480 SF
      3179 Suntree Blvd, Rockledge, FL 32955-5720
      View Details
    • Value Estimation by Request
      7,540 SF

      3210 Fiske Blvd Ste, Unit 106

      SHOPPING CENTER, STRIP CENTER • 7,540 SF
      3210 Fiske Blvd Ste, Rockledge, FL 32955-4357
      View Details
    • Value Estimation
      $140,000
      6,519 SF

      760 Barnes Blvd Ste, Unit 103

      SHOPPING CENTER, STRIP CENTER • 6,519 SF
      760 Barnes Blvd Ste, Rockledge, FL 32955-5314
      View Details
    • Value Estimation by Request
      2,090 SF

      1707 Elm St

      SHOPPING CENTER, STRIP CENTER • 2,090 SF
      1707 Elm St, Rockledge, FL 32955-3157
      View Details
    • Value Estimation by Request
      8,668 SF

      3650 Murrell Rd Ste, Unit 112

      SHOPPING CENTER, STRIP CENTER • 8,668 SF
      3650 Murrell Rd Ste, Rockledge, FL 32955-4780
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Corner Gas Station Opportunity

      Gas station and convenience store on 1.03 acres.
      690 Eyster Blvd, Rockledge, FL 32955
      View Details
    • $1,100,000
      4,563 SF

      Rockledge Restaurant/Retail Opportunity

      4,563 SF freestanding commercial building on a major thoroughfare.
      5885 Us 1, Rockledge, FL 32955
      View Details
    • $2,732,000

      Freestanding Renovated Retail Property

      Renovated Verizon Wireless location with high visibility and parking.
      1082 State Road 436, Casselberry, FL 32955
      View Details
    • $89,900

      Rockledge Land: Build Your Dream Home

      4,356 sq ft lot, prime Rockledge location.
      1354 Gem Cir, Rockledge, FL 32955
      View Details
    • $699,500
      1,224 SF

      Highway 1 Mixed-Use Commercial

      Rockledge, FL: Prime Car Sales Location
      2065 102, Rockledge, FL 32955
      View Details
    • $1,750,000
      10.00 Acres

      10-Acre Agricultural Land in Rockledge

      10-acre agricultural property in Rockledge, Florida, with endless possibilities.
      Undisclosed, Rockledge, FL 32955
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in Viera

      Prime retail location in Brevard County's master-planned community.
      5410 Murrell Rd, Rockledge, FL 32955
      View Details
    • Contact for pricing
      189,781 SF

      Viera Retail Center Opportunity

      Prime Retail Space in Rockledge, FL
      0 Viera Blvd, Rockledge, FL 32955
      View Details
    • Contact for pricing

      Viera Retail and Restaurant Space

      Prime location for restaurants, retail, financial, or medical users.
      Viera, FL 32955
      View Details
    • $14 SF/Yr
      16,635 SF

      Rockledge Office Space Available

      Prime Rockledge location, multiple suites.
      563 Barton Blvd, Rockledge, FL 32955
      View Details
    • $47 SF/Yr
      1,782 SF

      Highway 1 Retail Property

      High-traffic retail space, excellent visibility.
      2065 Hwy 1 Blvd, Rockledge, FL 32955
      View Details
    • $7,605 /Mo

      Rockledge Restaurant/Retail Space Available

      High-visibility restaurant/retail space on a major thoroughfare. Renovations in progress.
      5885 Us Highway 1, Melbourne, FL 32955
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3705 Murrell Rd Ste, Unit 105
    Rockledge, FL 32955-4704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.