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Property profile & analytics
OFF-MARKET
Warehouses
650 Hall Rd Malabar, FL 32950-3107
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2345946
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1982
Construction
WOOD
Total area
1,118 SF
Lot
6.29 ac (273,992 SF)
Zoning code
RR65
APN
29-37-03-00-00004.0-0000.00
UPID
US18-2345946
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
by Request
Owner & transaction history
Kristi L Kircher-joyner · 6 yrs held
Kristi L Kircher-joyner
since 2019
7 recorded transactions
Zoning & alternative use
RR65 · Malabar, 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 Malabar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malabar 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
—
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
$3,856
Tax year 2023
Assessed value
$214,410
Assessed 2023
Previous assessed
$230,390
-6.9% YoY
Effective rate
1.80%
On assessed value
Assessed land
$133,270
Assessed improvement
$81,140
Land market value
$133,270
Improvement market value
$81,140
Total market value
$214,410
Applied tax rate
34.0000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,118 SF
Lot
6.29 ac (273,992 SF)
Zoning code
RR65
APN
29-37-03-00-00004.0-0000.00
UPID
US18-2345946
Jurisdiction
BREVARD
Zoning & alternative use
RR65 · Malabar, FLZoning RR65 · permitted uses
RR65 · Malabar, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
6.29 ac
Current owner
From public records · entity-resolved
Kristi L Kircher-joyner
Individual
Mailing address
300 2ND AVE, MELBOURNE BEACH, FL 32951-2508
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Aug 9, 2019
$411,000
Kristi L Kircher-joyner
Souter,shawn W & Lisa A
Warranty Deed
$161,000 · Shawn W & Lisa A Souter
May 16, 2017
—
Shawn W Souter
Souter,shawn W & Lisa A
Quit Claim Deed
related
—
May 16, 2017
$198,000
Anne L Vliegenthart
Souter,shawn W & Lisa A
Warranty Deed
$194,413 · Supreme Lndg
Mar 21, 2016
$350,000
Shawn W Souter
Cameron,catherine V & Gordon S
Grant Deed
—
Jun 5, 2015
$350,000
Shawn W Souter
Duffy Catherine V C
Warranty Deed
$310,000 · Cameron Richard E SR Tr (pt)
Apr 25, 2005
—
Cameron Richard E SR Trust
Cameron,richard E SR
Quit Claim Deed
related
—
—
—
Shawn W Souter
—
Deed Of Trust
related
$310,000 · Cameron Richard E SR Tr (pt)
—
—
Richard E Cameron
—
Deed Of Trust
related
$100,000 · Wachovia Bank NA
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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