Property profile

Melbourne, FL 32901

OFF-MARKET
Commercial land
Property ID
US18-6942310
900 SF 1.25 ac lot Built 1947
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1947
Total area 900 SF
Lot 1.25 ac (54,450 SF)
Zoning code C1
APN 28-37-03-30-00000.0-0001.00
UPID US18-6942310

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Melbourne, FL 32901
Melbourne metro Census 64701 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2026
Last sale
$525,000
7 recorded transactions
2026
$650,000
2023
$525,000
2016
$300,000
2015
$1.2M
2003
$155,000
2000
$6,900
1969
Price N/A

Zoning & alternative use

C1 · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to an area adjacent to arterial and major collector streets and convenient to major residential areas. The types of uses permitted are intended to serve consumer need…

General category COMMERCIAL

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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