Street-Frontage Retail
For Sale
Contact for pricing
1010 E New Haven Avenue, Melbourne, FL 32901
The ground-floor suite has an entrance opening directly onto the building corridor.
Property Size4,478 SF
Price / SF$0.92
Days on Market234
Property Features for 1010 E New Haven Avenue
General Information
Standard status
Active
Size
4,478 SF
Property subtype
Office
Building Details
Year Built
1949
Listing Agency:
Reach Commercial Real Estate
Listed By:
Cassandra Hartford · License #3296024
(321) 300-4773
Source:
Mccoyfreeman
Added: Mar 11
Changed: Oct 29
Last Checked: Oct 29 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reach Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,200-square-foot ground-floor retail or service suite is identified as Suites C and D. It has direct street frontage on New Haven Avenue, with an entrance from the building corridor. The property was built in 1949.
The surrounding trade area includes 169,000 residents within a 15-minute drive. Average household income is $85,883, with a projection of $99,247 by 2028.
The surrounding trade area includes 169,000 residents within a 15-minute drive. Average household income is $85,883, with a projection of $99,247 by 2028.
Key Highlights
- 2,200 SF of ground‑floor retail or service space
- Suites C and D
- Direct street frontage on New Haven Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,627
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,540
$1.0M
Cap Rate 7%
$737,529
$737.5K
Cap Rate 9%
$573,633
$573.6K
Market Conditions
NOI Build-Up for 4,478 SF
Gross rent
$80.6K $18.00/SF
− Vacancy
−$6.9K −$1.53/SF
EGI
$73.8K $16.47/SF
− OpEx
−$22.1K −$4.94/SF
NOI
$51.6K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,540
Cap Rate 7%
$737,529
Cap Rate 9%
$573,633
Alternative Uses
Best Use
Retail
$737.5K
$645.3K – $860.5K
NOI $51,627 @ 7.0% cap · market cap 1,249.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,700 @ 7.0% cap · market cap 2,001.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,729
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 37%
Hotels & Casinos 2%
Wawa
Shops & Services
55,583 visits/mo
0.1 miles
7 Brew Coffee
Dining
10,630 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,808 visits/mo
0.5 miles
Chart House
Dining
8,441 visits/mo
0.3 miles
Einstein Bros Bagels
Dining
5,863 visits/mo
0.4 miles
Demographics for 32901, FL
26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The ground-floor suite has an entrance opening directly onto the building corridor.
Where is this retail space located?
The property is located at 1010 E New Haven Avenue Melbourne, FL.
What are key features of this property?
This property features: 2,200 SF of ground‑floor retail or service space; Suites C and D; Direct street frontage on New Haven Avenue
