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Property profile & analytics
OFF-MARKET
Estimated value
$8,800,000
Office buildings
490 Washington Ave Titusville, FL 32796-2871
Entity Owned
Absentee Owner
Free & Clear
Property ID
US19-0864013
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2008
Construction
WOOD
Total area
24,586 SF
Lot
2.23 ac (97,139 SF)
Zoning code
CC
APN
21-35-33-00-00792.0-0000.00
UPID
US19-0864013
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
Current use
Occupant on record · Public records
-
Long Dang, MD Physician
-
Sean Kearin Physician
-
Bhavana Chapman, MD Physician
-
Health First Cancer Institute Medical Clinic Hospital
-
Delori Dulany, APRN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.70M
CAP Approach
CAP
$5.49M
Comparable Approach
Comparable
$5.98M
Blend (final)
Blend
$8.80M
Owner & transaction history
Parrish Radiation Oncology LLC
Parrish Radiation Oncology LLC
since 2025
Last sale
$8.9M
7 recorded transactions
Zoning & alternative use
CC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$12.4M
+253.2%
Restaurant
$8.4M
+137.7%
Commercial (general)
$5.8M
+65.9%
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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
$8,700,000
ML approach
$8,700,000
CAP Approach
CAP Return
Estimation
6%
$5,950,000
6.5%
$5,490,000
7%
$5,100,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,410,000
Change: +253% · Conversion: Easy
RESTAURANT
$8,350,000
Change: +138% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,825,000
Change: +66% · Conversion: Easy
Blend value · Realmo final
$8.80M
Range $7.92M – $9.68M · ±10% · vs last sale $8.90M (May 8 2025)
Last sale anchor
$8.90M
May 8 2025
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
$358 / 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
$65,215
Tax year 2023
Assessed value
$3,429,670
Assessed 2023
Previous assessed
$3,429,670
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$204,750
Assessed improvement
$3,224,920
Land market value
$204,750
Improvement market value
$3,224,920
Total market value
$3,429,670
Applied tax rate
14.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Total area
24,586 SF
Lot
2.23 ac (97,139 SF)
Zoning code
CC
APN
21-35-33-00-00792.0-0000.00
UPID
US19-0864013
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FL
Zoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Titusville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.4M
RESTAURANT
Est. value
$8.4M
COMMERCIAL (GENERAL)
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2008
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Lot
2.23 ac
Current owner
From public records · entity-resolved
Parrish Radiation Oncology LLC
Entity
Free & Clear · 0 yrs held
Mailing address
951 N WASHINGTON AVE, TITUSVILLE, FL 32796-2163
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Parrish Radiation Oncology LLC
North Brevard County Hospital Distr
Deed
—
Aug 8, 2025
$8,900,000
Samsara Property LLC
North Brevard County Hospital Distr
Special Warranty Deed
—
Sep 23, 2024
$8,700,000
North Brevard County Hospital Distr
Health First Medical Group LLC
Special Warranty Deed
—
Sep 21, 2015
$8,400,000
Health First Medical Group LLC
Lzsc LLC
Grant Deed
—
Jul 25, 2005
$350,000
Lzsc LLC
Barna,john R JR
Warranty Deed
—
Jul 25, 2005
—
Lzsc LLC
Gaskins,helen B
Warranty Deed
—
—
—
Lzsc LLC
—
Deed Of Trust
related
$4,547,500 · Suntrust Bank NA
—
—
Lzsc LLC
—
Deed Of Trust
related
$1,453,507 · Suntrust Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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