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Financial
Distress signals
Property profile

8550 Napolo Dr Melbourne, FL 32940

OFF-MARKET
Turn key restaurants
Property ID
US18-6876626
7,489 SF 2.69 ac lot Built 2021
Last sale May 2020 · $1,424,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding restaurant property located at 8550 Napolo Dr in Melbourne, Florida, within the Viera master-planned community. The building is configured for restaurant use and was previously occupied by Walk-On’s Sports Bistreaux under an NNN-style lease structure, with the tenant assigned responsibility for property taxes, insurance, repairs and maintenance, common area maintenance, and roof and structural responsibilities. The lease structure reflected an initial long-term term with periodic…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$2.51M
Assessed land$1.17M
Assessed improvement$1.34M
Effective rate1.22%

Value estimate

· Oct 2026
$1.38M
$1.24M – $1.52M
AI approach$1.39M
Submarket $/SF estimate$865k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$382/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$181 – $597

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.7
Wholesale Shop19.0
HVAC Service14.1

Location

8550 Napolo Dr Melbourne, FL 32940-7881
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5770 Wickham, Palm Shores, FL 32940-7335 $2,896,400 Dec 2024 8,001 SF
6365 Wickham, Melbourne, FL 32940-2017 $18,500,000 Apr 2023 9,450 SF
6670 Colonnade, Melbourne, FL 32940-6465 $4,021,100 Jul 2022 7,719 SF
3303 Suntree, Melbourne, FL 32940-7516 $2,200,000 May 2022 5,358 SF
6315 Wickham, Melbourne, FL 32940-2009 $4,687,900 Nov 2021 6,077 SF
5130 Wickham, Melbourne, FL 32940-7124 $3,017,000 Jul 2021 7,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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