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    Property profile & analytics

    7601 Coral Dr West Melbourne, FL 32904

    • Grocery and convenience stores
    • 1,800 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US18-4002290
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 7601 Coral Dr

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    0.70 lot acres
    Property size
    1,800 SF
    Zone code
    C2
    Property type
    Grocery and convenience stores
    APN
    27-36-25-75-0000C.0-0022.00
    APU
    273625750000C0002200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $245,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $250,000
      Mixed-Use
      $240,000
      Hospitality
      $225,000
      Educational
      $265,000
      Residential Income
      $250,000
      Energy
      $250,000
      Income-Based Land
      $215,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6731
    Latitude
    28.1013
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,547
    $246,850
    $179,490
    $426,340
    -
    $246,850
    $179,490
    $426,340

    Comparable in this City

    • Value Estimation
      $415,000
      756 SF

      35 Hollywood Blvd

      CONVENIENCE STORE • 756 SF
      35 Hollywood Blvd, West Melbourne, FL 32904-5156
      View Details
    • Value Estimation by Request
      5,265 SF

      440 Wickham Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 5,265 SF
      440 Wickham Rd, West Melbourne, FL 32904-1138
      View Details
    • Value Estimation by Request
      5,304 SF

      1000 New Hvn Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 5,304 SF
      1000 New Hvn Ave, West Melbourne, FL 32904-4054
      View Details
    • Value Estimation by Request
      4,963 SF

      2300 Minton Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 4,963 SF
      2300 Minton Rd, West Melbourne, FL 32904-6608
      View Details
    • Value Estimation by Request
      4,997 SF

      4440 New Hvn Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 4,997 SF
      4440 New Hvn Ave, West Melbourne, FL 32904-3322
      View Details
    • Value Estimation by Request
      7,053 SF

      745 Palm Bay NE Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 7,053 SF
      745 Palm Bay NE Rd, West Melbourne, FL 32904-9159
      View Details

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    Similar Nearby for Lease

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      Located in a high-growth area with strong tenant lineup.
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    • $15 SF/Yr
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      Melbourne Retail/Flex Space Available

      Freestanding building on major thoroughfare, ideal for retail/flex space.
      3800 W New Haven Ave, Melbourne, FL 32904
      View Details
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    7601 Coral Dr
    West Melbourne, FL 32904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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