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    5885 Us Highway 1 Melbourne, FL 32955

    For Lease
    $7,605 /Mo

    COMMERCIAL - Rockledge, FL

    Type:Retail
    Days on Market:
    37
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 5885 Us Highway 1

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    Parking Lot

    Utilities

    Water source
    Public

    Building Details

    Building materials
    Concrete

    Harber Realty, Inc. (321) 960-4679 [email protected]

    Listing agent Timothy L Harber (321) 960-4679

    Listing date Nov 1, 2025

    Copyright © 2025 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.

    Overview

    Rockledge Restaurant/Retail Space Available

    This 4,563 square foot space, formerly a restaurant, is available for sale or lease and is located on a major thoroughfare in Rockledge with an Average Annual Daily Traffic (AADT) count of 39,000 vehicles. The property is undergoing renovations, offering a flexible space for a new commercial concept. Renovations include fresh exterior and interior paint, roof repairs and fresh roof paint, a new HVAC system, and updated electrical throughout. The property features a fully equipped kitchen infrastructure with commercial suppression hoods, ovens, mixers, and a large walk-in cooler. The ceiling has been removed to accommodate new lighting customization. The property offers outstanding visibility and signage.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath Grocery Store Storage Facility Discount Store Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Granny's Fresh Seafood & Crabs

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.683846
    Latitude
    28.254183

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    FAQs

    What type of property is this?
    Restaurant - High-visibility restaurant/retail space on a major thoroughfare. Renovations in progress.
    Where is this restaurant located?
    The property is located at 5885 Us Highway 1 Melbourne, FL.
    What are key features of this property?
    This property features: - High-visibility location on a major Rockledge thoroughfare, boasting an AADT of 39,000 vehicles.; - 4,563 SF of flexible restaurant/retail space.; - In-progress renovations including new HVAC system, updated electrical, and fresh paint.
    (321) 960-4679
    Request Owner's contact information
    5885 Us Highway 1 Melbourne, FL 32955
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    Melbourne, FL 32955
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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
    5885 Us Highway 1 Melbourne, FL 32955
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