Property profile

936 New Hvn Ave Melbourne, FL 32901

OFF-MARKET
Turn key restaurants
Property ID
US18-0641572
2,728 SF 0.1 ac lot Built 1925
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,728 SF
Lot 0.1 ac (4,356 SF)
Zoning code C3
APN 28-37-03-FD-00020.0-0002.01
UPID US18-0641572

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
  • Health Counselor Addiction Treatment Center
  • Restaurant

Location

936 New Hvn Ave Melbourne, FL 32901-5435
Melbourne metro Census 64800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2017
2 recorded transactions
2017
$575,000
2000
$262,500

Zoning & alternative use

C3 · Melbourne, FL
Zoning description

This district is intended to apply to the central commercial, professional, financial, governmental and civic core of the city. Lot and building regulations are intended to permit intensive development of the area and to…

General category CIVIC_INSTITUTIONAL

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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