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Property profile & analytics
OFF-MARKET
Office buildings
84 Edwards Dr Rockledge, FL 32955-3730
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4715848
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
WOOD
Total area
934 SF
Lot
0.55 ac (23,958 SF)
Zoning code
IP
APN
25-36-10-25-00000.0-0005.00
UPID
US18-4715848
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rich,oscar B JR Trust · 7 yrs held
Rich,oscar B JR Trust
since 2018
7 recorded transactions
Zoning & alternative use
IP · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of IP industrial park district is composed of lands so situated as to be well adapted in industrial park development
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
706.91 ac
Source
Realmo
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
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
$1,413
Tax year 2023
Assessed value
$76,030
Assessed 2023
Previous assessed
$76,030
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$20,360
Assessed improvement
$55,670
Land market value
$20,360
Improvement market value
$55,670
Total market value
$76,030
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
934 SF
Lot
0.55 ac (23,958 SF)
Zoning code
IP
APN
25-36-10-25-00000.0-0005.00
UPID
US18-4715848
Jurisdiction
BREVARD
Zoning & alternative use
IP · Rockledge, FLZoning IP · permitted uses
IP · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of IP industrial park district is composed of lands so situated as to be well adapted in industrial park development
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
706.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Rich,oscar B JR Trust
Trust
Mailing address
1790 N MERRIMAC DR, MERRITT ISLAND, FL 32952-2668
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2018
$100
Rich,oscar B JR Trust
Rich,oscar B JR
Quit Claim Deed
related
—
Jul 10, 2017
—
Oscar B Rich JR.
—
Deed
related
$110,000 · Pnc Bk
Sep 2, 2015
$200,000
Oscar B Rich JR
Kirby Electric Co
Warranty Deed
—
—
—
Kirby Electric Co
—
Deed Of Trust
related
$101,825 · Bank Of America
—
—
Kirby Electric Co
—
Deed Of Trust
related
$205,388 · Bank Of America
—
—
Kirby Electric Co
—
Deed Of Trust
related
$170,897 · Bank Of America
—
—
Kirby Electric Co
—
Deed Of Trust
related
$40,000 · Coastal Bank
—
—
Oscar B Rich JR.
—
Deed Of Trust
related
$110,000 · Pnc Bk
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.
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