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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Commercial land
Cocoa, FL 32926
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2476985
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,938 SF
Lot
1.41 ac (61,420 SF)
Zoning code
BU1
APN
24-36-07-00-00033.0-0000.00
UPID
US18-2476985
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
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.50M
Owner & transaction history
Storage Units Ground Lease Cocoa Ll · 2 yrs held
Storage Units Ground Lease Cocoa Ll
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
BU1 · Cocoa, 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 Cocoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cocoa 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,705,000
Current use
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Jun 13 2024)
Last sale anchor
$1.50M
Jun 13 2024
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
$60 / 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
$1,525
Tax year 2023
Assessed value
$119,870
Assessed 2023
Previous assessed
$376,580
-68.2% YoY
Effective rate
1.27%
On assessed value
Assessed land
$119,870
Land market value
$119,870
Total market value
$119,870
Applied tax rate
1,400.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
24,938 SF
Lot
1.41 ac (61,420 SF)
Zoning code
BU1
APN
24-36-07-00-00033.0-0000.00
UPID
US18-2476985
Jurisdiction
BREVARD
Zoning & alternative use
BU1 · Cocoa, FL
Zoning BU1 · permitted uses
BU1 · Cocoa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cocoa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Storage Units Ground Lease Cocoa Ll
Individual
Mailing address
698 N MAITLAND AVE #203, MAITLAND, FL 32751-4407
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
—
Storage Units Ground Lease Cocoa Ll
Storage Units Cocoa LLC
Intrafamily Transfer
related
$43,244,500 · Beal Bank Ssb
Nov 23, 2022
$1,500,000
Ysu Cocoa Developer LLC
Eh Cocoa LLC
Special Warranty Deed
—
Nov 3, 2022
—
Eh Cocoa LLC
Dac Cocoa LLC
Intrafamily Transfer
related
—
Mar 6, 2018
—
Eh Cocoa LLC
Dac Acquisitions LLC
Grant Deed
related
—
Dec 1, 2017
$500,000
Eh Cocoa LLC
Dac Acquisitionsllc
Warranty Deed
—
Jan 25, 2016
—
Dac Acquisitions LLC
Dcl Holdings LLC
Quit Claim Deed
—
Aug 8, 2007
—
Dcl Holdings LLC
Bolton,donna
Warranty Deed
—
Feb 21, 2007
—
Dac Cocoa LLC
Pearlman David Trust
Grant Deed
related
—
May 11, 2006
—
Donna Bolton
Pearlman David Trust
Grant Deed
related
—
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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