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    Property profile & analytics

    402 Hbr City Blvd Melbourne, FL 32935-6836

    • Drive through restaurants
    • 792 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US18-4767829
    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

    • Del's Freez / Ice Cream Shop

    Property Details for 402 Hbr City Blvd

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.19 lot acres
    Property size
    792 SF
    Zone code
    C2
    Property type
    Drive through restaurants
    APN
    27-37-22-EL-00000.0-0013.00
    APU
    273722EL000000001300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $405,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $450,000
      Mixed-Use
      $370,000
      Hospitality
      $455,000
      Educational
      $405,000
      Residential Income
      $460,000
      Energy
      $415,000
      Income-Based Land
      $400,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6209
    Latitude
    28.1147
    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
    $2,316
    $57,210
    $56,800
    $114,010
    -
    $57,210
    $56,800
    $114,010

    Comparable in this City

    • Value Estimation by Request
      4,802 SF

      1200 Sarno Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,802 SF
      1200 Sarno Rd, Melbourne, FL 32935-5204
      View Details
    • Value Estimation
      $385,000
      2,870 SF

      1330 Hbr City Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,870 SF
      1330 Hbr City Blvd, Melbourne, FL 32935-7023
      View Details
    • Value Estimation
      $540,000
      2,528 SF

      2936 Sarno Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,528 SF
      2936 Sarno Rd, Melbourne, FL 32935-8854
      View Details
    • Value Estimation
      $2,355,000
      2,726 SF

      2015 Wickham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,726 SF
      2015 Wickham Rd, Melbourne, FL 32935-8107
      View Details
    • Value Estimation
      $385,000
      1,142 SF

      2505 Wickham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,142 SF
      2505 Wickham Rd, Melbourne, FL 32935-8136
      View Details
    • Value Estimation by Request
      3,840 SF

      1980 Wickham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,840 SF
      1980 Wickham Rd, Melbourne, FL 32935-8177
      View Details

    Similar Nearby for Sale

    • $250,000
      3,500 SF

      Established Restaurant in Prime Location

      Turn-key restaurant opportunity in high-traffic Melbourne, Florida plaza.
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      View Details
    • $850,000
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      Melbourne Commercial Property For Sale

      Commercial property in Melbourne, Florida with multiple units for sale.
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    • $1,350,000
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      Melbourne Retail Corner Lot - $1.35M

      High-traffic retail space, ideal for QSR or carwash.
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      High-traffic retail space with ample parking.
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    Similar Nearby for Lease

    • Contact for pricing
      1,507 SF

      Renovated C-Store with Drive-Thru

      Renovated convenience store with drive-thru, available for lease/redevelopment.
      1600 N Wickham Rd, Melbourne, FL 32935
      View Details
    • $14 SF/Yr
      80,196 SF

      Melbourne Office Space for Lease

      Prime Office Space, Beachfront Access
      1220 Sarno Rd, Melbourne, FL 32935
      View Details
    • $27 SF/Yr
      2,092 SF

      Prime Retail/Restaurant Space, Melbourne, FL

      High-visibility retail or restaurant space on S Harbor City Blvd.
      2001 S Harbor City Blvd, Melbourne, FL 32935
      View Details
    • $1,333 /Mo
      Pending

      Renovated Commercial Plaza on US-1

      Completely renovated commercial plaza with office and restaurant spaces available.
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      View Details
    • $69,217,500

      Iconic Space in Eau Gallie

      Historic building ideal for restaurant or entertainment venue.
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      View Details
    • $15 SF/Yr
      7,500 SF

      Versatile Industrial Space For Lease

      Up to 15,000 SF available, ideal for industrial, baking.
      875 Creel St, Melbourne, FL 32935
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      2.0k
    • Avg Time on site
      17 min
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    402 Hbr City Blvd
    Melbourne, FL 32935-6836
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    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
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