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Property profile & analytics
FOR SALE
Automotive properties
503 Cheney Hwy Titusville, FL 32780
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-0448817
For Sale
1 / 33
$630,000
503 Cheney Hwy, Titusville, FL 32780
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,926 SF
Lot
0.38 ac (16,553 SF)
Zoning code
RC
APN
22-35-27-AV-00000.0-0009.04
UPID
US18-0448817
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
-
Lapohn Enterprises LLC Custom Golf Carts New-Restored Electric Motor Repair Shop Repair Service
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
Lapohn Ents LLC · 12 yrs held
Lapohn Ents LLC
since 2014
7 recorded transactions
Zoning & alternative use
RC · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and these regulations. These districts provide a wide range of goods and services of both a convenience and desirable nature to shoppers. RC distr…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
244.39 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 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
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
$2,473
Tax year 2023
Assessed value
$137,060
Assessed 2023
Previous assessed
$135,520
+1.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$86,000
Assessed improvement
$51,060
Land market value
$86,000
Improvement market value
$51,060
Total market value
$137,060
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Sale
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
1,926 SF
Lot
0.38 ac (16,553 SF)
Zoning code
RC
APN
22-35-27-AV-00000.0-0009.04
UPID
US18-0448817
Jurisdiction
BREVARD
Zoning & alternative use
RC · Titusville, FLZoning RC · permitted uses
RC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and these regulations. These districts provide a wide range of goods and services of both a convenience and desirable nature to shoppers. RC districts shall be located in a high intensity land use designations on the Future Land Use Map. Permitted uses and conditional uses require larger land areas with ample off-street parking and loading space. It is not the intent of this district that it shall be, used to encourage the extension of strip commercial areas.
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
244.39 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Lapohn Ents LLC
Entity
Free & Clear · 12 yrs held
Mailing address
503 CHENEY HWY, TITUSVILLE, FL 32780-6938
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2014
$200,000
Lapohn Ents LLC
Damiano Nicholas Trust
Warranty Deed
—
Mar 7, 2012
$391,000
Damiano Nicholas Living Trust
Pace,christopher W & Gail E
Quit Claim Deed
related
—
Feb 22, 2011
$400,000
Christopher W Pace
Damiano Nicholas L Trust
Grant Deed
$391,000 · Damiano Nicholas Living Tr ( L
Dec 15, 2004
$250,000
Damiano Nicholas Trust
Daley,robert W
Warranty Deed
—
Jul 9, 2002
$165,000
Robert W Daley
Reynolds,agatha B
Grant Deed
$165,000 · Agatha B Reynolds
—
—
Our Auto Emporium INC
—
Deed Of Trust
related
$87,000 · Fidelity Bank Florida
—
—
Lapohn Ents LLC
—
Deed Of Trust
related
$35,000 · Branch Bk&tr
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.
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