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Property profile & analytics
OFF-MARKET
Estimated value
$3,605,000
Warehouses
3855 King St Cocoa, FL 32926-4164
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3476209
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,237 SF
Lot
1.56 ac (67,954 SF)
Zoning code
BU2
APN
24-35-36-00-00280.0-0000.00
UPID
US18-3476209
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
by Request
CAP Approach
CAP
$3.95M
Comparable Approach
Comparable
$3.12M
Blend (final)
Blend
$3.61M
Owner & transaction history
Bcore Storage West King LLC · 5 yrs held
Bcore Storage West King LLC
since 2021
7 recorded transactions
Zoning & alternative use
BU2 · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.9M
+58.4%
Office building
$3.9M
+56.6%
Retail stores
$3.4M
+39.2%
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 Cocoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,270,000
6.5%
$3,945,000
7%
$3,660,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,470,000
Current use
MEDICAL BUILDING
$3,915,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$3,875,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$3,445,000
Change: +39% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,240,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,790,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$3.61M
Range $3.24M – $3.97M · ±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
$143 / 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
$23,548
Tax year 2023
Assessed value
$1,374,850
Assessed 2023
Previous assessed
$1,374,850
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$147,600
Assessed improvement
$1,227,250
Land market value
$147,600
Improvement market value
$1,227,250
Total market value
$1,374,850
Applied tax rate
1,800.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
276
Total area
25,237 SF
Lot
1.56 ac (67,954 SF)
Zoning code
BU2
APN
24-35-36-00-00280.0-0000.00
UPID
US18-3476209
Jurisdiction
BREVARD
Zoning & alternative use
BU2 · Cocoa, FL
Zoning BU2 · permitted uses
BU2 · Cocoa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
276
Lot
1.56 ac
Current owner
From public records · entity-resolved
Bcore Storage West King LLC
Entity
Free & Clear · 5 yrs held
Mailing address
150 E 52ND ST #32, NEW YORK, NY 10022-6017
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
Bcore Storage West King LLC
Midgard Self Storage Cocoa
Grant Deed
—
May 8, 2020
—
Midgard Self Storage Cocoa LLC
—
Deed
related
$2,719,881 · Repwest Insurance Co
Jan 29, 2019
—
Midgard Self Storage Cocoa LLC
—
Deed
related
$2,810,249 · Repwest Insurance Co
Jan 12, 2016
$3,450,000
Midgard Self Storage Cocoa LLC
Gc5 520 Storage LLC
Grant Deed
$3,000,000 · Skymar Cap
Jun 29, 2007
—
Ghp Partners LLC
Hamm,john F
Quit Claim Deed
related
—
Jun 29, 2007
$1,200,000
Ghp Partners LLC
Premier Storage LLC
Warranty Deed
—
—
—
Midgard Self Storage Cocoa LLC
—
Loan Modification
related
$2,810,249 · Repwest Insurance Co
—
—
Midgard Self Storage Cocoa LLC
—
Loan Modification
related
$2,719,881 · Repwest Insurance Co
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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