New search
Property profile & analytics
OFF-MARKET
Industrial properties
801 Forrest Ave, Cocoa, FL 32922-7566
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-6113935
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,518 SF
Lot
0.21 ac (9,148 SF)
Zoning code
RU215
APN
24-36-28-79-00000.0-0012.00
UPID
US18-6113935
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
Current use
Occupant on record · Public records
-
In Bloom Academy LLC Tutoring Service
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
Rafael Family Trust II · 5 yrs held
Rafael Family Trust II
since 2020
Last sale
$457,900
7 recorded transactions
Zoning & alternative use
RU215 · Cocoa, 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 Cocoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
$8,258
Tax year 2023
Assessed value
$375,480
Assessed 2023
Previous assessed
$375,480
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$14,440
Assessed improvement
$361,040
Land market value
$14,440
Improvement market value
$361,040
Total market value
$375,480
Applied tax rate
23.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Units
8
Rooms
4
Total area
6,518 SF
Lot
0.21 ac (9,148 SF)
Zoning code
RU215
APN
24-36-28-79-00000.0-0012.00
UPID
US18-6113935
Jurisdiction
BREVARD
Zoning & alternative use
RU215 · Cocoa, FL
Zoning RU215 · permitted uses
RU215 · Cocoa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Units
8
Rooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
Rafael Family Trust II
Trust
Mailing address
2511 N HOWARD AVE, TAMPA, FL 33607-2616
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
—
Forrest At Grimes INC
—
Deed
related
$22,522 · Rafael Family Trust II
Dec 16, 2020
$457,900
Rafael Family Trust II
Forrest At Grimes INC
Warranty Deed
$438,300 · Forrest At Grimes INC
Nov 2, 2006
$475,000
Forrest At Grimes INC
Young,william M
Warranty Deed
—
Feb 21, 2005
$360,000
William M Young
Lettau,paul S & Patricia
Warranty Deed
$250,000 · Harbor Fsb
Mar 18, 2004
$270,000
Paul S Lettau
Rigney,george A
Grant Deed
$135,000 · Suntrust Bank NA
—
—
Forrest At Grimes INC
—
Deed Of Trust
related
$300,000 · Tib Independent Bankers Bank
—
—
Forrest At Grimes INC
—
Deed Of Trust
related
$500,000 · Aicl Management Ltd
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 801 Forrest Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
