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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Warehouses
8850 Grissom Pkwy Titusville, FL 32780-7903
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5913934
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
CONCRETE
Total area
26,091 SF
Lot
1.34 ac (58,370 SF)
Zoning code
PID
APN
22-35-33-KC-00002.0-0001.00
UPID
US18-5913934
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
-
8K Solutions Corporate Office
-
Ebon Research Systems Business Management Consultant
-
Infostraten Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$1.71M
Owner & transaction history
8850 Grissom LLC · 1 yrs held
8850 Grissom LLC
since 2025
4 recorded transactions
Zoning & alternative use
PID · Titusville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Planned Industrial Development (PID) district is created to provide for areas of large scale, high technology and other clean light industry in an attractive parklike atmosphere. It is further intended that this district be utilized to promote industrial activity, more efficient and economical industrial land use, harmony in physical design and industria…
Zone name
Planned Industrial Development
General category
INDUSTRIAL
Zone area
643.68 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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$65 / SF
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
$21,770
Tax year 2023
Assessed value
$1,206,710
Assessed 2023
Previous assessed
$1,153,570
+4.6% YoY
Effective rate
1.80%
On assessed value
Assessed land
$87,510
Assessed improvement
$1,119,200
Land market value
$87,510
Improvement market value
$1,119,200
Total market value
$1,206,710
Applied tax rate
14.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
26,091 SF
Lot
1.34 ac (58,370 SF)
Zoning code
PID
APN
22-35-33-KC-00002.0-0001.00
UPID
US18-5913934
Jurisdiction
BREVARD
Zoning & alternative use
PID · Titusville, FLZoning PID · permitted uses
PID · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Planned Industrial Development (PID) district is created to provide for areas of large scale, high technology and other clean light industry in an attractive parklike atmosphere. It is further intended that this district be utilized to promote industrial activity, more efficient and economical industrial land use, harmony in physical design and industrial relationships, variety and amenity in industrial development and the protection of adjacent and nearby existing and future nonindustrial uses and activities. Planned industrial development districts will encourage originality, flexibility and innovation in site planning and development including architecture, landscaping, and graphic design.
Zone name
Planned Industrial Development
General category
INDUSTRIAL
Zone area
643.68 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
1.34 ac
Current owner
From public records · entity-resolved
8850 Grissom LLC
Entity
Mailing address
8850 GRISSOM PKWY, TITUSVILLE, FL 32780-7903
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
—
8850 Grissom LLC
8k INC
Warranty Deed
$2,080,000 · 8k INC
Jan 7, 2019
—
Sk INC
—
Deed
related
$850,000 · Seacoast National Bank
May 18, 2016
$900,000
8k INC
Sagittarius Holding Co INC
Grant Deed
$650,000 · Sagittarius Holding Co INC
Sep 24, 2014
$260,000
Grissom Properties LLC
Sagittarius Holding Co INC
Grant Deed
—
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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