Property profile

Melbourne, FL 32904

OFF-MARKET
Shopping centers
Property ID
US18-7924536
2.1 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Year built 1988
Lot 2.1 ac (91,476 SF)
Zoning code M1
APN 27-36-36-00-00271.0-0000.00
UPID US18-7924536

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 32904
Melbourne metro Census 64601 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

M1 · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to an area located in close proximity to rail, air or major roadway facilities and which can serve intensive commercial uses and light manufacturing, warehousing, dis…

General category INDUSTRIAL

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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