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    Property profile & analytics

    4025 New Hvn Ave Melbourne, FL 32904-1974

    • Industrial properties
    • 4,034 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $930,000
    Last Sale
    Apr 13, 2020
    $975,000
    Location Intelligence
    Property ID
    US18-2093242
    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

    • Batteries Plus / Car Battery Store / Battery Store
    • U-Haul Neighborhood Dealer / Truck Rental Agency / Trailer Rental Service
    • We Fix It Phone Repair / Phone Repair Service / Screen Repair Service

    Property Details for 4025 New Hvn Ave

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.61 lot acres
    Property size
    4,034 SF
    Zone code
    BU-1
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    28-36-02-75-00014.0-0032.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $930,000

    • CAP approach

      CAP return
      Estimation
      6%
      $995,000
      6.5%
      $1,045,000
      7%
      $1,135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $950,000
      Retail
      $930,000
      Mixed-Use
      $955,000
      Hospitality
      $810,000
      Educational
      $990,000
      Residential Income
      $795,000
      Energy
      $870,000
      Income-Based Land
      $1,045,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6913
    Latitude
    28.0785
    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
    $6,955
    $264,800
    $164,310
    $429,110
    -
    $264,800
    $164,310
    $429,110

    Comparable in this City

    • Value Estimation
      $300,000
      5,254 SF

      7650 Silver Sands Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 5,254 SF
      7650 Silver Sands Rd, West Melbourne, FL 32904-1128
      View Details
    • Value Estimation
      $355,000
      4,403 SF

      3830 New Hvn Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,403 SF
      3830 New Hvn Ave, Melbourne, FL 32904-1969
      View Details
    • Value Estimation by Request
      10,299 SF

      3245 New Hvn Ave, Unit 202

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10,299 SF
      3245 New Hvn Ave, West Melbourne, FL 32904-3569
      View Details
    • Value Estimation
      $270,000
      8,414 SF

      71 Sunset Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 8,414 SF
      71 Sunset Dr, West Melbourne, FL 32904-5100
      View Details
    • Value Estimation by Request
      0.70 Acres

      Lot 4 - Commerce Dr

      Land • 0.70 Acres
      0 Lot 4 - Commerce Dr, Melbourne, FL 32904
      View Details
    • Value Estimation by Request

      0000 Emerald Dr

      Distribution properties
      0000 Emerald Dr, Melbourne, FL 32904
      View Details

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      View Details
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    Melbourne, FL 32904-1974
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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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