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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Car washes
420 Cocoa Bch Cswy Cocoa Beach, FL 32931-3534
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0194649
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,090 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CN
APN
24-37-34-CI-00046.0-0012.00
UPID
US18-0194649
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
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$979k
Blend (final)
Blend
$830k
Owner & transaction history
Beachside Attractions INC · 3 yrs held
Beachside Attractions INC
since 2023
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
CN · Cocoa Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$970,000
+13.7%
Commercial (general)
$970,000
+13.7%
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 Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa Beach 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
$740,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$855,000
Current use
OFFICE BUILDING
$970,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$970,000
Change: +14% · Conversion: Moderate
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $850k (May 24 2023)
Last sale anchor
$850k
May 24 2023
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
$203 / 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
$6,848
Tax year 2023
Assessed value
$406,910
Assessed 2023
Previous assessed
$409,250
-0.6% YoY
Effective rate
1.68%
On assessed value
Assessed land
$271,250
Assessed improvement
$135,660
Land market value
$271,250
Improvement market value
$135,660
Total market value
$406,910
Applied tax rate
26.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
4,090 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CN
APN
24-37-34-CI-00046.0-0012.00
UPID
US18-0194649
Jurisdiction
BREVARD
Zoning & alternative use
CN · Cocoa Beach, FL
Zoning CN · permitted uses
CN · Cocoa Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$855,000
OFFICE BUILDING
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$970,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Beachside Attractions INC
Entity
Mailing address
141 SAINT CROIX AVE, COCOA BEACH, FL 32931-3334
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
—
Island Time Marina LLC
—
Deed
related
$2,500,000 · Port Village LLC
Dec 14, 2023
—
Beachside Attractions INC
—
Deed
related
$244,000 · Commerce Bank & Trust
May 24, 2023
$850,000
Beachside Attractions INC
Douglas A Olds
Warranty Deed
$650,000 · Douglas Olds
May 19, 2022
—
Douglas A Olds
Ahmet J Bedizel
Quit Claim Deed
related
—
Dec 5, 2018
$100
Douglas A Olds
Sheriff Of Brevard County|west End Condos LLC
Trustees Deed
related
—
Oct 2, 2018
—
Island Time Marina LLC
—
Deed
related
$1,974,900 · Sunrise Bank
May 14, 2018
—
Douglas A Olds
Sehriff Of Brevard County|west End Condos LLC
Trustees Deed
related
—
Mar 18, 2010
—
A J Bedizel
—
Trustees Deed
related
$470,321 · Joe K Johnson
Sep 11, 2006
$540,000
A J Bedizel
Johnson,joe K
Warranty Deed
$520,000 · Joe K Johnson
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.
Try Rey
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