Back to Search
Property profile & analytics
OFF-MARKET
Shopping centers
452 Richard Rd Rockledge, FL 32955
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6999307
Property profile
Verified
Property type
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Lot
0.54 ac (23,522 SF)
Zoning code
M1
APN
25-36-09-00-00341.0-0000.00
UPID
US18-6999307
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Douglas L Emerick · 5 yrs held
Douglas L Emerick
since 2021
Last sale
$100,000
5 recorded transactions
Zoning & alternative use
M1 · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of M1 general industrial district are intended to apply to an area developed to a variety of storage, warehousing and light industrial operations, or which by its location, trend of development or planned development designated in the comprehensive plan, is appropriate to such uses
Zone name
General Industrial
General category
PLANNED_DEVELOPMENT
Zone area
248.02 ac
Source
Realmo
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 Rockledge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockledge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,159
Tax year 2023
Assessed value
$59,450
Assessed 2023
Previous assessed
$60,390
-1.6% YoY
Effective rate
1.95%
On assessed value
Assessed land
$46,870
Assessed improvement
$12,580
Land market value
$46,870
Improvement market value
$12,580
Total market value
$59,450
Applied tax rate
23.0000
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
Shopping centers
Use group
SHOPPING CENTER COMMON AREA
Status
Off-Market
Heating
YES
Cooling
YES
Lot
0.54 ac (23,522 SF)
Zoning code
M1
APN
25-36-09-00-00341.0-0000.00
UPID
US18-6999307
Jurisdiction
BREVARD
Zoning & alternative use
M1 · Rockledge, FLZoning M1 · permitted uses
M1 · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of M1 general industrial district are intended to apply to an area developed to a variety of storage, warehousing and light industrial operations, or which by its location, trend of development or planned development designated in the comprehensive plan, is appropriate to such uses
Zone name
General Industrial
General category
PLANNED_DEVELOPMENT
Zone area
248.02 ac
Source
Realmo
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Lot
0.54 ac
Current owner
From public records · entity-resolved
Douglas L Emerick
Individual
Mailing address
6216 HALYARD CT, ROCKLEDGE, FL 32955-5762
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2021
$100,000
Douglas L Emerick
Thomas J Beasley JR
Warranty Deed
$50,000 · The Thomas J Beasley JR Trust
Jan 24, 2014
—
Beasley,thomas J JR Trust
Beasley,thomas J
Quit Claim Deed
related
—
Aug 7, 2013
—
Thomas J Beasley
Beasley,william T & Dawn M
Quit Claim Deed
related
—
Jan 21, 2004
$45,000
William T Beasley
Gruelle,kim
Grant Deed
—
Apr 21, 2000
$20,000
Kim Gruelle
Wannamaker,joni G
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 452 Richard Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
