7618 EllisWest Melbourne, FL 32904

  • Truck terminals
  • 60,796 SF
Off market
$4,408,760 Estimated

Property Details for 7618 Ellis

Year built
1984
Construction
STEEL FRAME
Lot size
3.05 AC
Property size (Sq ft)
60,796 SF
Zone code
M1
Property type
Truck terminals
APN
27-36-25-75-0000B.0-0007.00
APU
273625750000B0000700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $35,135,400
    6.5%
    $32,432,700
    7%
    $30,116,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,274,900
    Geo Method
    $15,274,900
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $17,019,300
    Mixed-Use / Specialty
    $17,264,500
    Hospitality / Lodging
    $13,064,500
    Office
    $17,480,400
    Institutional / Educational
    $18,057,400
    Residential Income
    $21,127,100
    Multifamily
    $23,643,500
    Automotive / Energy
    $15,477,700
    Parking / Income-Based Land
    $5,039,070
    Restaurant / Food Service
    $9,631,970
    Healthcare / Senior Housing
    $17,390,800

Location Insight

City
West Melbourne
County
Brevard
State
Florida
Latitude
28.1002
Longitude
-80.6745
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
$73,193
$465,190
$3,943,570
$4,408,760
-
$465,190
$3,943,570
$4,408,760

FAQs

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