Flex Industrial Property with
3526 Ellis Lane Mims, FL 32754
3526 Ellis Lane, Mims, FL, 32754
$649,000
For Sale
$649,000
COMMERCIAL - Mims, FL
Property Size3,128 SF
Lot Size1.38 Acres
Price / SF$207.48
Days on Market66
Property Features for 3526 Ellis Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, Off Street
- 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
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 1953
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Laminate, Tile
- Building materials
- Block
- Roof type
- Metal
Listing Agency
Flag Agency Inc.
(321) 267-3600
840 Garden St., FL
Listed by
Chad P Conner
(321) 267-3600
Added: May 13 Checked: Jul 17 at 12:06 am
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.
Investment Insights
Based on property information with market context.
This flex-style commercial property on 1.38 acres includes a finished office building with a covered entry, reception/common area, multiple private offices, open workspace, a kitchen/break area, and a restroom. The site also provides ample parking, open yard space, covered storage/display areas, and room for outdoor uses related to equipment or inventory. Multiple detached structures are referenced as possibly conveying.
The property sits at a corner location on Ellis Lane and US-1, with access from Ellis Lane and additional access off US-1. The listing notes over 400 feet of unobstructed frontage along Highway 1.
Zoning is identified as BU-2. Additional features mentioned include an LED monument sign and space to accommodate equipment, inventory, outdoor storage, or future expansion.
The property sits at a corner location on Ellis Lane and US-1, with access from Ellis Lane and additional access off US-1. The listing notes over 400 feet of unobstructed frontage along Highway 1.
Zoning is identified as BU-2. Additional features mentioned include an LED monument sign and space to accommodate equipment, inventory, outdoor storage, or future expansion.
Key Highlights
- Versatile office building on approx. 1.38 acres at the corner of Ellis Lane and US‑1 in Mims
- BU‑2 zoning with reception/common area, multiple private offices, open workspace, and restroom plus kitchen/break area
- Multiple covered entry and covered storage/display areas, fenced site, and ample parking with off‑street spaces
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| 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 Uses
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Discovery Buildings & Realty
General Contractor
Discovery Metal Buildings
Construction Company
Discovery Realty
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex industrial property includes a finished office building, covered entry, and multiple private offices, with parking and yard space.
Where is this flex space 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: Versatile office building on approx. 1.38 acres at the corner of Ellis Lane and US‑1 in Mims; BU‑2 zoning with reception/common area, multiple private offices, open workspace, and restroom plus kitchen/break area; Multiple covered entry and covered storage/display areas, fenced site, and ample parking with off‑street spaces
