Mims Commercial Property on
3526 Ellis Lane, Mims, FL 32754
- Added:
- May 13, 2026
- Days on Market:
- 10
- Last Refresh:
- May 22 at 7:06 pm
Property Features for 3526 Ellis Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Off Street, Parking Lot
- Security features
- Security System
- Fencing
- Fenced
- Standard status
- Active
- APN
- 21-35-07-00-00035.0-0000.00
- Size
- 3,128 SF
- Lot size
- 1.38 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PART OF S 1/2 OF NE 1/4 AS DES IN DB 303 PGS 286 & 570 EX 394 PG 591,404 PG 356 & 407 PG 46,ORB 53 PG 476,2485 PG 1524
- Tax Annual Amount
- 4073
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 1953
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Block
- Roof type
- Metal
Listing agent Chad P Conner (321) 267-3600
Listing office Flag Agency Inc. 840 Garden St., FL (321) 267-3600
Listing date May 13, 2026
MLS# 1077198
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent visibility and access with over 400' of unobstructed frontage on US‑1, a major corridor
- Versatile BU‑2 zoning suitable for a wide range of businesses
- Finished office building with reception area, private offices, open workspace, kitchen, and restroom
- Large 1.38‑acre lot with ample parking and room for expansion or outdoor storage
- Proximity to major employers like SpaceX, NASA, Blue Origin, and ULA, as well as Interstate I‑95
- Multiple detached structures (that may convey) and covered storage/display areas
Overview
This commercial property in Mims, Florida, offers an exceptional opportunity with high visibility on approximately 1.38 acres at the corner of Ellis Lane and US-1. Zoned BU-2, the property includes a finished 3128 square foot office building featuring a covered entry, reception/common area, multiple private offices, an open workspace, a kitchen/break area, and a restroom. The site provides ample parking, open yard space, multiple detached structures (that may convey), covered storage/display areas, and an LED monument sign. There is room for equipment, inventory, outdoor storage, or future expansion. In addition to access from Ellis Lane, the property also offers access off US-1, providing strong functionality and exposure along one of North Brevard's major corridors. The property has over 400 feet of unobstructed frontage on Highway 1. It is suitable for an owner-user, contractor, service business, showroom, equipment/building sales operation, specialty retail, or investor. The property is in close proximity to SpaceX, NASA, Blue Origin, and ULA, as well as Interstate I-95.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$473.0K
NOI $42,566 @ 9.00% cap · cautious / downside scenario
Moderate
$608.1K
NOI $42,566 @ 7.00% cap · market / base-case scenario
Aggressive
$851.3K
NOI $42,566 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.6k | $21.60 |
| − Vacancy | −$10.8k | −$3.46 |
| EGI | $56.8k | $18.14 |
| − OpEx | −$14.2k | −$4.54 |
| NOI | $42.6k | $13.61 |
3,128 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$608.1K
$532.1K – $709.4K
NOI $42,566 @ 7.0% cap · market cap 6.56%
Second Best
Retail
$515.2K
$450.8K – $601.1K
NOI $36,063 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$825.3K
$722.1K – $962.8K
NOI $57,768 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Discovery Buildings & Realty
General Contractor
Discovery Metal Buildings
Construction Company
Discovery Realty
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Mims
- County
- Brevard
- State
- Florida
- Longitude
- -80.852934
- Latitude
- 28.681123
Nearby Similar for Sale
FAQs
What type of property is this?
Showroom - Versatile commercial property with office, storage, and highway frontage.
Where is this showroom located?
The property is located at 3526 Ellis Lane Mims, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Excellent visibility and access with over 400' of unobstructed frontage on US‑1, a major corridor; Versatile BU‑2 zoning suitable for a wide range of businesses; Finished office building with reception area, private offices, open workspace, kitchen, and restroom
