Property profile

700 Miramar Ave Indialantic, FL 32903

OFF-MARKET
Grocery and convenience stores
Property ID
US18-3810464
30,917 SF 2.88 ac lot Built 2020
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2020
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 30,917 SF
Lot 2.88 ac (125,453 SF)
APN 27-38-31-26-00002.0-0001.00
UPID US18-3810464

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
  • Pharmacy
  • Big Box & Wholesale Store
  • Atm
  • Pharmacy
  • Bakery Specialty Food Shop

Location

700 Miramar Ave Indialantic, FL 32903-3002
Indialantic metro Census 66302 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.88M
CAP Approach CAP
$5.49M
Comparable Approach Comparable
$4.52M
Blend (final) Blend
$6.48M

Owner & transaction history

since 2020
Last sale
$6.2M
4 recorded transactions
2020
$6.2M
2019
$4.0M
2017
Price N/A
2010
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $9.6M +80.5%
Auto repair, garage $6.9M +30.3%
Office building $6.2M +16.8%

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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