Technical
Financial
Distress signals
Property profile

629 Apollo Blvd Melbourne, FL 32901

OFF-MARKET
Strip malls
Property ID
US18-5902662
6,216 SF 0.46 ac lot Built 1973
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,216 SF
Lot 0.46 ac (20,038 SF)
Zoning code CP
APN 27-37-34-00-00269.0-0000.00
UPID US18-5902662

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
  • Training Center
  • Garden Center

Location

629 Apollo Blvd Melbourne, FL 32901-1485
Melbourne metro Census 64702 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2020
Last sale
$470,000
3 recorded transactions
2020
$470,000
2016
Price N/A
2005
Price N/A

Zoning & alternative use

CP · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to areas located adjacent to a main highway. The types of uses permitted and restrictions are intended to serve the needs of the motorist and provide an amenable impr…

General category COMMERCIAL

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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