Technical
Financial
Distress signals
Property profile

776 Magnolia Ave Melbourne, FL 32935

OFF-MARKET
Automotive properties
Property ID
US18-6087901
29,053 SF 9.21 ac lot Built 1963
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,053 SF
Lot 9.21 ac (401,188 SF)
Zoning code C2
APN 27-37-21-00-00512.0-0000.00
UPID US18-6087901

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
  • Auto Repair Shop
  • Car Dealership Auto Repair Shop
  • Auto Repair Shop
  • Auto Repair Shop
  • Auto Parts Store

Location

776 Magnolia Ave Melbourne, FL 32935-6441
Melbourne metro Census 64201 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.25M
Blend (final) Blend
$4.26M

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…

General category COMMERCIAL

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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