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Property profile & analytics
OFF-MARKET
Estimated value
$10,785,000
Warehouses
Cocoa, FL 32926
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7327992
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1975
Construction
CONCRETE
Total area
78,623 SF
Lot
20.99 ac (914,324 SF)
Zoning code
M2
APN
24-36-07-00-00039.0-0000.00
UPID
US18-7327992
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
$8.34M
Comparable Approach
Comparable
$9.71M
Blend (final)
Blend
$10.79M
Owner & transaction history
Beyel Brothers INC · 7 yrs held
Beyel Brothers INC
since 2019
2 recorded transactions
Zoning & alternative use
M2 · Cocoa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.2M
+58.4%
Office building
$12.1M
+56.6%
Retail stores
$10.7M
+39.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,030,000
6.5%
$8,335,000
7%
$7,740,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,705,000
Current use
MEDICAL BUILDING
$12,205,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$12,065,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$10,725,000
Change: +39% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,100,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,695,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$10.79M
Range $9.71M – $11.86M · ±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
$137 / 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
$110,857
Tax year 2023
Assessed value
$4,800,510
Assessed 2023
Previous assessed
$4,422,170
+8.6% YoY
Effective rate
2.31%
On assessed value
Assessed land
$169,700
Assessed improvement
$4,630,810
Land market value
$169,700
Improvement market value
$4,630,810
Total market value
$4,800,510
Applied tax rate
15.0000
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
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Total area
78,623 SF
Lot
20.99 ac (914,324 SF)
Zoning code
M2
APN
24-36-07-00-00039.0-0000.00
UPID
US18-7327992
Jurisdiction
BREVARD
Zoning & alternative use
M2 · Cocoa, FL
Zoning M2 · permitted uses
M2 · 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
WAREHOUSE, STORAGE Current
Est. value
$7.7M
MEDICAL BUILDING
Est. value
$12.2M
OFFICE BUILDING
Est. value
$12.1M
RETAIL STORES
Est. value
$10.7M
AUTO REPAIR, GARAGE
Est. value
$10.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
20.99 ac
Current owner
From public records · entity-resolved
Beyel Brothers INC
Entity
Mailing address
550 CIDCO RD, COCOA, FL 32926-5810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2019
—
Beyel Brothers INC
—
Deed
related
$1,000,000 · Compass Bk
—
—
Beyel Brothers INC
—
Deed Of Trust
related
$1,000,000 · Compass 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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