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Property profile & analytics
OFF-MARKET
Estimated value
$23,320,000
Office buildings
400 Ss St Titusville, FL 32780-7683
Entity Owned
Free & Clear
Property ID
US18-1953456
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1968
Construction
CONCRETE
Total area
129,404 SF
Lot
5.92 ac (257,875 SF)
Zoning code
P
APN
22-35-03-03-00015.0-0000.00
UPID
US18-1953456
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
-
Brevard County Property Appraiser County Government Office
-
Information Technology Dpt County Government Office Physical Therapist
-
Brevard County Commissioners County Government Office Library
-
Brevard County Public Defender Public Defender'S Office Attorney
-
Brevard County Internal Audit County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.90M
Comparable Approach
Comparable
$22.85M
Blend (final)
Blend
$23.32M
Owner & transaction history
BREVARD COUNTY
BREVARD COUNTY
Zoning & alternative use
P · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Public (P) District is established as a special district to protect the substantial public interest of real property owned and used by any governmental entity including local, state or federal government units. This district is not intended to be applied to land that is used by government units. This district is not intended to be applied to land that is…
Zone name
Public
General category
CIVIC_INSTITUTIONAL
Zone area
1,608.63 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$30.7M
+37.5%
Auto repair, garage
$27.0M
+21.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$31,305,000
6.5%
$28,895,000
7%
$26,835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$22,305,000
Current use
COMMERCIAL (GENERAL)
$30,670,000
Change: +38% · Conversion: Easy
AUTO REPAIR, GARAGE
$26,980,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$20,085,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$23.32M
Range $20.99M – $25.65M · ±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
$180 / 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
$6,304
Tax year 2023
Assessed value
$11,013,730
Assessed 2023
Previous assessed
$10,932,860
+0.7% YoY
Effective rate
0.06%
On assessed value
Assessed land
$799,200
Assessed improvement
$10,214,530
Land market value
$799,200
Improvement market value
$10,214,530
Total market value
$11,013,730
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1968
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
6
Units
1
Total area
129,404 SF
Lot
5.92 ac (257,875 SF)
Zoning code
P
APN
22-35-03-03-00015.0-0000.00
UPID
US18-1953456
Jurisdiction
BREVARD
Zoning & alternative use
P · Titusville, FLZoning P · permitted uses
P · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Public (P) District is established as a special district to protect the substantial public interest of real property owned and used by any governmental entity including local, state or federal government units. This district is not intended to be applied to land that is used by government units. This district is not intended to be applied to land that is used by governmental entities on an easement or leased basis if title to the land is in private ownership. It is not the intent to classify all lands owned by government into this district but only those lands particularly and peculiarly related to the public welfare. It is intended that the district be utilized for mapping purposes and to be in accord with and promote the purposes set forth in the Comprehensive Plan.
Zone name
Public
General category
CIVIC_INSTITUTIONAL
Zone area
1,608.63 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$22.3M
COMMERCIAL (GENERAL)
Est. value
$30.7M
AUTO REPAIR, GARAGE
Est. value
$27.0M
MEDICAL BUILDING
Est. value
$20.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1968
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
6
Buildings
6
Units
1
Lot
5.92 ac
Current owner
From public records · entity-resolved
BREVARD COUNTY
Individual
Free & Clear · 0 yrs held
Mailing address
345 WENNER WAY, COCOA, FL 32926-4226
Mailing matches property
Yes
Owner-occupied
Yes
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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