Back to Search
Property profile & analytics
FOR SALE
Turn key restaurants
4845 Dixie Hwy NE Palm Bay, FL 32905
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-2545534
For Sale
1 / 100
$4,999,982
4845 Dixie Hwy NE, Palm Bay, FL 32905
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
WOOD
Total area
4,135 SF
Lot
0.74 ac (32,234 SF)
Zoning code
HC
APN
28-38-30-00-00503.1-0000.00
UPID
US18-2545534
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
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$535k
Owner & transaction history
Kit Investment Of Florida LLC · 7 yrs held
Kit Investment Of Florida LLC
since 2019
4 recorded transactions
Zoning & alternative use
HC · Palm Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Palm Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Bay 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$129 / 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
$15,923
Tax year 2023
Assessed value
$792,300
Assessed 2023
Previous assessed
$792,300
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$792,000
Assessed improvement
$300
Land market value
$792,000
Improvement market value
$300
Total market value
$792,300
Applied tax rate
34.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1956
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
4,135 SF
Lot
0.74 ac (32,234 SF)
Zoning code
HC
APN
28-38-30-00-00503.1-0000.00
UPID
US18-2545534
Jurisdiction
BREVARD
Zoning & alternative use
HC · Palm Bay, FL
Zoning HC · permitted uses
HC · Palm Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Kit Investment Of Florida LLC
Entity
Free & Clear · 7 yrs held
Mailing address
5067 S US HWY 1ST 1, GRANT VLKRIA, FL 32949-2002
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2019
$675,000
Kit Investment Of Florida LLC
Shack Ents INC
Warranty Deed
—
Aug 25, 2009
—
Shack Ents INC
Shack Holdings LLC Coc
Quit Claim Deed
related
—
Apr 20, 2006
$1,400,000
Shack Holdings LLC
Shack Ents INC
Warranty Deed
related
$2,000,000 · Shack Ents INC
—
—
Shack Enterprises INC
—
Deed Of Trust
related
$159,100 · Us Small Business Admn
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?”
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.
