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Property profile & analytics
OFF-MARKET
Office buildings
966 Us Hwy 1st 1 Rockledge, FL 32955-2128
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5474551
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,355 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C2
APN
24-36-33-00-00761.0-0000.00
UPID
US18-5474551
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
Ronald L Kohlbrand · 3 yrs held
Ronald L Kohlbrand
since 2023
Last sale
$420,000
7 recorded transactions
Zoning & alternative use
C2 · Rockledge, 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 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
$3,664
Tax year 2023
Assessed value
$215,650
Assessed 2023
Previous assessed
$192,630
+12.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$81,930
Assessed improvement
$133,720
Land market value
$81,930
Improvement market value
$133,720
Total market value
$215,650
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,355 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C2
APN
24-36-33-00-00761.0-0000.00
UPID
US18-5474551
Jurisdiction
BREVARD
Zoning & alternative use
C2 · Rockledge, FL
Zoning C2 · permitted uses
C2 · Rockledge, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockledge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Ronald L Kohlbrand
Individual
Mailing address
980 US HWY 1ST 1, ROCKLEDGE, FL 32955-2128
Ownership since
2023
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
May 19, 2023
$420,000
Ronald L Kohlbrand
Swopes Investment Group LLC
Warranty Deed
$336,000 · Swopes Investment Group
Jan 28, 2022
—
Swopes Investment Group LLC
—
Deed
related
$700,000 · Valley Bank
Dec 28, 2021
—
Swopes Investment Group LLC
Brevard Prosthetics & Orthotics INC
Special Warranty Deed
—
Sep 29, 2017
—
Brevard Prosthetics & Orthotic
—
Deed
related
$325,000 · Sunshine Bk
Mar 6, 2000
$150,000
Brevard Prosthetics INC
Wickersham,john P
Grant Deed
$115,000 · Seller
—
—
Brevard Prosthetics INC
—
Deed Of Trust
related
$101,300 · Suntrust Bank NA
—
—
Brevard Prosthetics & Orthotic
—
Deed Of Trust
related
$325,000 · Sunshine 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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