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    Property profile & analytics

    Melbourne, FL 32901

    • Parking lots & garages
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US18-6430180
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details

    Year built
    1990
    Lot size
    0.51 lot acres
    Zone code
    RP
    Property type
    Parking lots & garages
    APN
    27-37-34-00-00781.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $165,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $190,000
      Mixed-Use
      $210,000
      Hospitality
      $195,000
      Educational
      $200,000
      Residential Income
      $205,000
      Energy
      $165,000
      Income-Based Land
      $170,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6124
    Latitude
    28.0898
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $235
    $168,030
    $13,460
    $181,490
    -
    $168,030
    $13,460
    $181,490

    Comparable in this City

    • Value Estimation
      $600,000
      5,200 SF

      725 Seminole Ave

      PARKING LOT • 5,200 SF
      725 Seminole Ave, Melbourne, FL 32901
      View Details
    • Value Estimation by Request
      62,224 SF

      200 Sheridan Rd

      PARKING LOT • 62,224 SF
      200 Sheridan Rd, Melbourne, FL 32901-3142
      View Details
    • Value Estimation
      $310,000
      0.15 Acres

      1505 Glendon Dr

      PARKING LOT • 0.15 Acres
      1505 Glendon Dr, Melbourne, FL 32901
      View Details
    • Value Estimation
      $250,000
      1.05 Acres

      1415 Apollo Blvd

      PARKING LOT • 1.05 Acres
      1415 Apollo Blvd, Melbourne, FL 32901
      View Details
    • Value Estimation
      $355,000
      3,520 SF

      1448 Hbr City Blvd

      PARKING LOT • 3,520 SF
      1448 Hbr City Blvd, Melbourne, FL 32901
      View Details
    • Value Estimation
      $190,000
      0.17 Acres

      Melbourne, FL 32901

      PARKING LOT • 0.17 Acres
      Melbourne, FL 32901
      View Details

    Similar Nearby for Sale

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      Melbourne Gas Station and Store

      Operating gas station and convenience store near Florida Institute of Technology.
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      Melbourne Gas Station Investment Opportunity

      New gas station with convenience store near Melbourne International Airport.
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      Jessups of Melbourne: Prime Retail Space

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    • $2,250,000
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      Melbourne Retail Land Investment Opportunity

      Prime Midtown Melbourne location, C-2 zoning, gas station build-out plans.
      429 Babcock St, Melbourne, FL 32901
      View Details
    • $2,300,000
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      Prime US-1 Retail Plaza

      High-Visibility Melbourne Retail Center
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      High Visibility Commercial Property, Melbourne

      1.05 acre lot with high visibility and multiple access points.
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    Similar Nearby for Lease

    • Contact for pricing
      3,721 SF

      Melbourne Showroom: Prime Retail Space

      3,721 SF Retail Space - For Lease
      2412 Harbor City Blvd, Melbourne, FL 32901
      View Details
    • Contact for pricing
      870 SF

      Neighborhood Shopping Center Retail Space

      Retail space in a neighborhood shopping center for lease.
      765-945 S Babcock St, Melbourne, FL 32901
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space in Highline Apartments

      Retail space available in a mixed-use development.
      916 E New Haven Ave, Melbourne, FL 32901
      View Details
    • $28 SF/Yr
      1,500 SF

      Prime Commercial Space in Melbourne

      Versatile commercial space suitable for retail, office, or restaurant.
      826 E New Haven Ave, Melbourne, FL 32901
      View Details
    • $7,000 /Mo
      3,109 SF

      Retail or Professional Office Space

      Stand-alone building with flexible layout in Central Melbourne Commercial District.
      665 S Babcock St, Melbourne, FL 32901
      View Details
    • $17 SF/Yr
      36,250 SF

      Melbourne Retail Space - 3,292 SF

      Prime Melbourne retail space, ideal for various uses.
      1801 Penn St, Melbourne, FL 32901
      View Details
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    Melbourne, FL 32901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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