New search
Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Turn key restaurants
6485 Us Hwy 1st 1, Rockledge, FL 32955-5748
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2847829
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,106 SF
Lot
1.93 ac (84,071 SF)
Zoning code
BU2
APN
26-36-12-DE-00006.0-0001.00
UPID
US18-2847829
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Makin Clams LLC · 18 yrs held
Makin Clams LLC
since 2007
7 recorded transactions
Zoning & alternative use
BU2 · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Rockledge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockledge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$99 / 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
$26,265
Tax year 2023
Assessed value
$2,161,210
Assessed 2023
Previous assessed
$2,146,850
+0.7% YoY
Effective rate
1.22%
On assessed value
Assessed land
$961,610
Assessed improvement
$1,199,600
Land market value
$961,610
Improvement market value
$1,199,600
Total market value
$2,161,210
Applied tax rate
2,900.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
8,106 SF
Lot
1.93 ac (84,071 SF)
Zoning code
BU2
APN
26-36-12-DE-00006.0-0001.00
UPID
US18-2847829
Jurisdiction
BREVARD
Zoning & alternative use
BU2 · Rockledge, FL
Zoning BU2 · permitted uses
BU2 · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockledge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
Makin Clams LLC
Entity
Mailing address
201 8TH AVE, INDIALANTIC, FL 32903-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2021
—
Makin Clams LLC
—
Deed
related
$1,500,000 · South State Bank NA
Jan 25, 2018
—
Makin Clams LLC
—
Deed
related
$177,800 · Us Small Busn Admn
Feb 8, 2010
—
Makin Clams LLC
—
Trustees Deed
related
$180,000 · Pnc Bank
Sep 18, 2007
$3,120,000
Makin Clams LLC
Best F Bet INC
Warranty Deed
$1,470,000 · National City Bank
—
—
Best F Bet INC
—
Deed Of Trust
related
$450,800 · Martha S Gillum
—
—
Makin Clams LLC
—
Deed Of Trust
related
$177,800 · Us Small Busn Admn
—
—
Makin Clams LLC
—
Loan Modification, Consolidation And Extension
related
$300,000 · Pnc Bk/oh
—
—
Florida First Cap Finance Corp
—
Deed Of Trust
related
$300,000 · Pnc Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6485 Us Hwy 1st 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
