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Property profile & analytics
OFF-MARKET
Estimated value
$6,230,000
Industrial properties
6225 Riverfront Ctr Blvd Titusville, FL 32780
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3191936
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1990
Construction
FRAME
Total area
39,650 SF
Lot
8.44 ac (367,646 SF)
Zoning code
PID
APN
23-35-01-25-0000C.0-0000.00
UPID
US18-3191936
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.23M
Owner & transaction history
Lmc Properties INC · 5 yrs held
Lmc Properties INC
since 2021
Last sale
$5.9M
6 recorded transactions
Zoning & alternative use
PID · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Planned Industrial Development (PID) district is created to provide for areas of large scale, high technology and other clean light industry in an attractive parklike atmosphere. It is further intended that this district be utilized to promote industrial activity, more efficient and economical industrial land use, harmony in physical design and industria…
Zone name
Planned Industrial Development
General category
INDUSTRIAL
Zone area
643.68 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$6,395,000
ML approach
$6,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,385,000
Current use
OFFICE BUILDING
$5,450,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$6.23M
Range $5.61M – $6.85M · ±10% · vs last sale $5.93M (Jun 3 2021)
Last sale anchor
$5.93M
Jun 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$157 / SF
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
$145,936
Tax year 2023
Assessed value
$7,705,170
Assessed 2023
Previous assessed
$8,079,800
-4.6% YoY
Effective rate
1.89%
On assessed value
Assessed land
$735,190
Assessed improvement
$6,969,980
Land market value
$735,190
Improvement market value
$6,969,980
Total market value
$7,705,170
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
3
Units
1
Total area
39,650 SF
Lot
8.44 ac (367,646 SF)
Zoning code
PID
APN
23-35-01-25-0000C.0-0000.00
UPID
US18-3191936
Jurisdiction
BREVARD
Zoning & alternative use
PID · Titusville, FLZoning PID · permitted uses
PID · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Planned Industrial Development (PID) district is created to provide for areas of large scale, high technology and other clean light industry in an attractive parklike atmosphere. It is further intended that this district be utilized to promote industrial activity, more efficient and economical industrial land use, harmony in physical design and industrial relationships, variety and amenity in industrial development and the protection of adjacent and nearby existing and future nonindustrial uses and activities. Planned industrial development districts will encourage originality, flexibility and innovation in site planning and development including architecture, landscaping, and graphic design.
Zone name
Planned Industrial Development
General category
INDUSTRIAL
Zone area
643.68 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.4M
OFFICE BUILDING
Est. value
$5.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
3
Units
1
Lot
8.44 ac
Current owner
From public records · entity-resolved
Lmc Properties INC
Entity
Free & Clear · 5 yrs held
Mailing address
100 S CHARLES ST STE #1400, BALTIMORE, MD 21201-2703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2021
$5,925,000
Lmc Properties INC
Dnc Parks & Resorts At Vectorspace
Special Warranty Deed
—
Feb 8, 2021
—
Dnc Parks & Resorts At 6225 Vectors
Dnc Parks & Resorts At Ksc INC
Correction Deed
related
—
Sep 23, 2019
—
Dnc Parks & Resorts At 6225 Ve
—
Grant Deed
related
$21,200,000 · Keybank USA
Aug 16, 2018
—
Dnc Parks & Resorts At 6225 Ve
Dnc Parks & Resorts At Ksc INC
Quit Claim Deed
related
—
Aug 24, 2017
—
Dnc Parks & Resorts At Ksc INC
National Aeronautics & Space A
Quit Claim Deed
related
—
Jan 8, 2007
$4,500,000
Dnc Parks & Resorts At Ksc INC
Sc Realty LLC
Grant Deed
—
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.
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