Property profile

620 Magellan Rd Cape Canaveral, FL 32920

OFF-MARKET
Industrial properties
Property ID
US18-5620078
50,237 SF 4 ac lot Built 1991
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group HEAVY INDUSTRIAL
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,237 SF
Lot 4 ac (174,240 SF)
APN 24-37-10-00-00252.0-0000.00
UPID US18-5620078

Cap rate & NOI

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

Location

620 Magellan Rd Cape Canaveral, FL 32920-4408
Cape Canaveral metro Census 980000 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
$4.73M
Comparable Approach Comparable
$5.50M
Blend (final) Blend
$5.11M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $8.3M +2.9%

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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