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Property profile & analytics
OFF-MARKET
Estimated value
$17,610,000
Office buildings
6525 3rd St Ste 106 Rockledge, FL 32955-5751
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-4200618
Property summary
AI-generated overview
Riverview Tower offers a prime 2,445 square foot office suite in a prestigious Class A building located at 6525 3rd St, Rockledge, FL 32955, near Suntree Boulevard. Built in 2016, this single-tenant space is immediately available within a five-story, 80,015 square foot building. The building boasts modern amenities including two elevators and ample parking with 297 spaces. The suite itself is beautifully finished and ready for occupancy, making it an ideal solution for businesses seeking a move-in ready space. Riverview Tower is a landmark building in Brevard County, known for its attractive location and high-quality tenants. The building's strategic location provides easy access to major roadways and local amenities. This is a rare opportunity to secure a well-appointed office space in a highly sought-after location. The building also features retail space on the ground floor, adding to its vibrant atmosphere and convenient access to services. Don't miss this chance to establish your business in this exceptional Class A office building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
91,470 SF
Lot
3.01 ac (131,116 SF)
Zoning code
BU1
APN
26-36-13-DE-00053.0-0003.00
UPID
US18-4200618
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
$20.43M
Comparable Approach
Comparable
$18.56M
Blend (final)
Blend
$17.61M
Owner & transaction history
Riverview Tower LLC · 11 yrs held
Riverview Tower LLC
since 2014
2 recorded transactions
Zoning & alternative use
BU1 · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Layer: Zoning (ID: 0)
Top alternative use upside
Commercial (general)
$21.7M
+18.8%
Auto repair, garage
$19.1M
+4.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,130,000
6.5%
$20,425,000
7%
$18,965,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$18,240,000
Current use
COMMERCIAL (GENERAL)
$21,680,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$19,070,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$14,715,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$17.61M
Range $15.85M – $19.37M · ±10%
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
$193 / 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
$136,553
Tax year 2023
Assessed value
$10,525,030
Assessed 2023
Previous assessed
$10,525,030
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$852,750
Assessed improvement
$9,672,280
Land market value
$852,750
Improvement market value
$9,672,280
Total market value
$10,525,030
Applied tax rate
4,200.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
5
Units
24
Total area
91,470 SF
Lot
3.01 ac (131,116 SF)
Zoning code
BU1
APN
26-36-13-DE-00053.0-0003.00
UPID
US18-4200618
Jurisdiction
BREVARD
Zoning & alternative use
BU1 · Rockledge, FLZoning BU1 · permitted uses
BU1 · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 0)
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.2M
COMMERCIAL (GENERAL)
Est. value
$21.7M
AUTO REPAIR, GARAGE
Est. value
$19.1M
RETAIL STORES
Est. value
$14.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
5
Units
24
Lot
3.01 ac
Current owner
From public records · entity-resolved
Riverview Tower LLC
Entity
Free & Clear · 11 yrs held
Mailing address
6525 3RD ST STE #409, ROCKLEDGE, FL 32955-5756
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2014
—
Riverview Tower LLC
Kodsi,maurice
Quit Claim Deed
related
—
Nov 10, 2005
$2,000,000
Kodsi Maurice Tr
Wuesthoff Health Services INC
Warranty 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.
Try Rey
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