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    Property profile & analytics

    Melbourne, FL 32940

    • Shopping centers
    • 3.60 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Last Sale
    Sep 11, 2024
    Location Intelligence
    Property ID
    US18-7276590
    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

    • Shopping centers

    Property Details

    Year built
    2013
    Lot size
    3.60 lot acres
    Zone code
    PUD
    Property type
    Shopping centers
    Property subtype
    Specialty properties
    APN
    26-36-09-51-0000A.0-0002.02
    APU
    263609510000A0000202

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.7318
    Latitude
    28.2321
    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
    $3,022
    $10
    $10
    $20
    -
    $10
    $10
    $20

    Comparable in this City

    • Value Estimation
      $290,000
      0.56 Acres

      Melbourne, FL 32940

      SHOPPING CENTER COMMON AREA • 0.56 Acres
      Melbourne, FL 32940
      View Details
    • Value Estimation
      $335,000
      10,672 SF

      1735 Berglund Ln

      SHOPPING CENTER COMMON AREA • 10,672 SF
      1735 Berglund Ln, Melbourne, FL 32940
      View Details
    • Value Estimation
      $180,000
      0.86 Acres

      6400 Anderson Way

      SHOPPING CENTER COMMON AREA • 0.86 Acres
      6400 Anderson Way, Melbourne, FL 32940-7468
      View Details
    • Value Estimation by Request
      1.10 Acres

      Melbourne, FL 32940

      SHOPPING CENTER COMMON AREA • 1.10 Acres
      Melbourne, FL 32940
      View Details
    • Value Estimation by Request
      1.21 Acres

      Melbourne, FL 32940

      SHOPPING CENTER COMMON AREA • 1.21 Acres
      Melbourne, FL 32940
      View Details
    • Value Estimation
      $340,000
      1.64 Acres

      7211 Waelti Dr

      SHOPPING CENTER COMMON AREA • 1.64 Acres
      7211 Waelti Dr, Melbourne, FL 32940-7513
      View Details

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      5,725 SF

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    Similar Nearby for Lease

    • Contact for pricing
      3,200 SF

      Retail Space in Viera

      Grocery and home improvement anchored lifestyle center, flexible sizing available.
      1965 Viera Blvd, Rockledge, FL 32940
      View Details
    • $25 SF/Yr
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    • $35 SF/Yr
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      Melbourne Retail Center Investment Opportunity

      High-performing retail center in Melbourne, FL
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    • Contact for pricing
      2,573 SF

      Retail Space in Viera

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    • $28 SF/Yr
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      Prime Retail Space, Wickham Rd

      High-traffic location, two suites available
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    • $3,500 /Mo
      1,052 SF

      Office with Garage and Lot

      Office space with garage and large lot for outdoor storage.
      2735 Allen Hill Ave, Melbourne, FL 32940
      View Details
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    Melbourne, FL 32940
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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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