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    Property profile & analytics

    5475 Murrell Rd Rockledge, FL 32955-6665

    • Retail space
    • 16,485 SF
    • 2.03 lot acres
    OFF-MARKET
    Value Estimation
    $4,800,000
    Last Sale
    Dec 28, 2022
    $5,222,400
    Location Intelligence
    Property ID
    US18-0578203
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 5475 Murrell Rd

    Year built
    2004
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.03 lot acres
    Property size
    16,485 SF
    Zone code
    BU1
    Property type
    Retail space
    APN
    25-36-34-30-00000.0-0008.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,565,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,220,000
      6.5%
      $4,795,000
      7%
      $5,045,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,875,000
      Geo Method
      $5,105,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,755,000
      Retail
      $4,935,000
      Mixed-Use
      $5,600,000
      Hospitality
      $4,745,000
      Educational
      $4,410,000
      Residential Income
      $5,740,000
      Energy
      $4,790,000
      Income-Based Land
      $5,120,000
      Food Service
      $4,560,000

    Location Insight

    • Map
    • Local Demand
    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.7174
    Latitude
    28.266
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,835
    $972,690
    $1,063,160
    $2,035,850
    -
    $972,690
    $1,063,160
    $2,035,850

    Comparable in this City

    • Value Estimation by Request
      840 SF

      1241 Florida S Ave

      RETAIL STORES (PERSONAL SERVICES) • 840 SF
      1241 Florida S Ave, Rockledge, FL 32955-2423
      View Details
    • Value Estimation by Request
      0.50 Acres

      1802 Rockledge Blvd

      Individual retail properties • 0.50 Acres
      1802 Rockledge Blvd, Rockledge, FL 32955
      View Details
    • Value Estimation
      $1,240,000
      9,375 SF

      185 Barton Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,375 SF
      185 Barton Blvd, Rockledge, FL 32955-2703
      View Details
    • Value Estimation by Request
      8,281 SF

      3655 Murrell Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,281 SF
      3655 Murrell Rd, Rockledge, FL 32955-4708
      View Details
    • Value Estimation by Request
      5,195 SF

      3813 Murrell Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,195 SF
      3813 Murrell Rd, Rockledge, FL 32955-4740
      View Details
    • Value Estimation
      $230,000
      2,655 SF

      1263 Us Hwy 1st 1

      RETAIL STORES (PERSONAL SERVICES) • 2,655 SF
      1263 Us Hwy 1st 1, Rockledge, FL 32955-2711
      View Details

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    Similar Nearby for Lease

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      Viera Retail Center Opportunity

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      Retail Space in Viera

      Prime retail location in Brevard County's master-planned community.
      5410 Murrell Rd, Rockledge, FL 32955
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    • $47 SF/Yr
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      Highway 1 Retail Property

      High-traffic retail space, excellent visibility.
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      View Details
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    Rockledge, FL 32955-6665
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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