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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
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, FL
Zoning RC · permitted uses
RC · 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.
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.
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?”
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