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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Drive through restaurants
3835 Washington Ave Titusville, FL 32780-5847
Entity Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3069736
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,903 SF
Lot
2.07 ac (90,169 SF)
Zoning code
SMU
APN
22-35-22-02-00001.0-0007.02
UPID
US18-3069736
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
Current use
Occupant on record · Public records
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$958k
Blend (final)
Blend
$690k
Owner & transaction history
MCDONALDS CORP
MCDONALDS CORP
Zoning & alternative use
SMU · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Shoreline Mixed-Use (SMU) district is designed as a special district to protect the substantial public interest of the Indian River or Washington Avenue corridor. it is the intent of the district to encourage and enhance a mix of residential, public or semi-public uses, tourist use, commercial uses, public and private recreational uses including wet dock…
Zone name
Shoreline Mixed Use
General category
MIXED_USE
Zone area
134.99 ac
Source
Realmo
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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
by Request
ML approach
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
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
$117 / 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
$21,103
Tax year 2023
Assessed value
$1,169,720
Assessed 2023
Previous assessed
$1,154,400
+1.3% YoY
Effective rate
1.80%
On assessed value
Assessed land
$360,420
Assessed improvement
$809,300
Land market value
$360,420
Improvement market value
$809,300
Total market value
$1,169,720
Applied tax rate
14.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
5,903 SF
Lot
2.07 ac (90,169 SF)
Zoning code
SMU
APN
22-35-22-02-00001.0-0007.02
UPID
US18-3069736
Jurisdiction
BREVARD
Zoning & alternative use
SMU · Titusville, FLZoning SMU · permitted uses
SMU · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Shoreline Mixed-Use (SMU) district is designed as a special district to protect the substantial public interest of the Indian River or Washington Avenue corridor. it is the intent of the district to encourage and enhance a mix of residential, public or semi-public uses, tourist use, commercial uses, public and private recreational uses including wet docking and boat shops are promoted. Marine service activities are prohibited. It is further intended that careful treatment of the visual environment and principal views of the public be considered when development is undertaken. This district shall be in accord with and promote the purposes set forth in the Comprehensive Plan.
Zone name
Shoreline Mixed Use
General category
MIXED_USE
Zone area
134.99 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
MCDONALDS CORP
Entity
Free & Clear · 0 yrs held
Mailing address
845 EXECUTIVE LN STE #400, ROCKLEDGE, FL 32955-3528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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