Property profile

510 Nasa Blvd Melbourne, FL 32901

OFF-MARKET
Automotive properties
Property ID
US18-3479550
25,961 SF 5.81 ac lot Built 1975
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1975
Construction STEEL FRAME
Total area 25,961 SF
Lot 5.81 ac (253,084 SF)
Zoning code C2
APN 27-37-34-EP-0000A.0-0056.02
UPID US18-3479550

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Vehicle Inspection Center
  • Electric Vehicle Charging Station
  • Auto Repair Shop
  • Car Dealership
  • Car Dealership

Location

510 Nasa Blvd Melbourne, FL 32901-1944
Melbourne metro Census 64800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.40M
Blend (final) Blend
$4.89M

Owner & transaction history

since 2019
2 recorded transactions
2019
$83,000
2016
$5.5M

Zoning & alternative use

C2 · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $8.0M +38.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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