Technical
Financial
Distress signals
Property profile

Melbourne, FL 32940

OFF-MARKET
Parking lots & garages
Property ID
US18-6339157
2.93 ac lot Built 2015
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 2015
Lot 2.93 ac (127,631 SF)
Zoning code RP
APN 25-36-35-RH-000EE.0-0000.00
UPID US18-6339157

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 32940
Melbourne metro Census 63109 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2017
5 recorded transactions
2017
$8.4M
2014
Price N/A
2012
Price N/A
2011
$500,000
2011
$380,000

Zoning & alternative use

RP · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to a transition area between commercial and residential uses. Principal uses and restrictions of the district are intended to promote and protect low or medium densit…

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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