Entity Owned Property summary
AI-generated overview
A renovated retail/commercial space totaling 650 square feet, configured with high ceilings. The site provides on-site parking and offers signage opportunities. The property is located in a neighborhood retail corridor with visibility from A1A and is positioned approximately 3 miles from Port Canaveral. The surrounding area includes established businesses and hotels, providing a concentrated retail and visitor environment, and the property is suited for uses such as boutiques, nail salons, coffee shops, florists, and professional services, subject to applicable zoning and permitting.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1962
Construction
CONCRETE
Total area
4,277 SF
Lot
0.32 ac (13,939 SF)
Zoning code
BU-1
APN
24-37-26-CG-00092.0-0009.00
UPID
US18-3324481
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
-
Grocery & Convenience Store Specialty Food Shop
-
Hair Salon Nail Salon
-
Take-out & Catering Catering Service
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$581k
Blend (final)
Blend
$675k
Owner & transaction history
since 2024
Last sale
$675,000
2 recorded transactions
Zoning & alternative use
BU-1 · Cape Canaveral, FL
Top alternative use upside
Commercial (general)
$1.0M
+72.1%
Auto repair, garage
$890,000
+51.4%
Office building
$810,000
+37.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$675k
Value range
$608k – $743k
±10% around blend
Estimated value / SF
$158 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
$608k
blend $675k
$743k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,277 SF
Lot area
0.32 ac
Year built
1962
Stories
1
APN
24-37-26-CG-00092.0-0009.00
Zoning
BU-1
Assessed value
$357,250
Annual tax
$8,832
3
Income approach: direct capitalization
Partial preview
Income approach indication
$875k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$950k
@ 6.5% CAP return
$875k
@ 7% CAP return
$815k
4
Sales comparison
Partial preview
Sales approach indication
$606k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.0 mi away · 4,660 SF
8.4 mi away · 3,280 SF
8.7 mi away · 3,102 SF
21.1 mi away · 4,892 SF
21.7 mi away · 4,426 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$675k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 148 sales
$138
+15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $158/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+72%
vs current-use indication
Auto Repair, Garage
Office Building
Retail Stores
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
8.40%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.40%
9.0%
NOI (est.)
$47k *
Last sale · Jan 2024
$675k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$563k
Move the market yield to see immediate price impact.
Value / SF
$132
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.90%8.40%8.90%
$43k
$538k
$506k
$478k
$47k
$598k
$563k
$531k
$52k
$658k
$619k
$584k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$850k
1.0 mi · Dec 2025 · $160/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,832
Tax year 2023
Assessed value
$357,250
Assessed 2023
Previous assessed
$357,250
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$147,000
Assessed improvement
$210,250
Land market value
$147,000
Improvement market value
$210,250
Total market value
$357,250
Applied tax rate
2,600.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1962
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
6
Total area
4,277 SF
Lot
0.32 ac (13,939 SF)
Zoning code
BU-1
APN
24-37-26-CG-00092.0-0009.00
UPID
US18-3324481
Jurisdiction
BREVARD
Zoning & alternative use
BU-1 · Cape Canaveral, FLZoning BU-1 · permitted uses
BU-1 · Cape Canaveral, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
6
Lot
0.32 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BU-1
Jurisdiction
Cape Canaveral, FL
Recorded code
BU-1
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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