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    404 Babcock St Melbourne, FL 32901

    For Lease
    $20 SF/Yr ($4,510 /Mo)

    Retail & Warehouse Suites Available Now

    Lot size:
    2,706 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    305
    This exceptional Brevard County commercial property at 404 S Babcock Street offers two available suites totaling 2,706 square feet in a newly renovated building. Ideally situated in a high-traffic C-1 neighborhood commercial district, this retail plaza enjoys an excellent location near US-1, the Eau Gallie Arts District, downtown Melbourne, and Melbourne International Airport. Its strategic position between two causeways provides quick access to the beach. Suite 101, a 1,452 square foot retail office space, features multiple rooms and one restroom. Suite 102, encompassing 1,254 square feet, combines retail space with a warehouse and includes one restroom. The minimum divisible space is 1,254 square feet, with a maximum contiguous space of 1,452 square feet. Currently, the entire 2,706 square feet is vacant and available for lease. The property is categorized as Retail, Office, and Industrial, with a multiple tenancy structure. The lease rate is $20 per square foot per year, plus a $50 monthly fee covering water, sewer, and trash services. This prime location and versatile space present a unique opportunity for businesses seeking high visibility and convenient access to major transportation routes and local amenities.

    Property Features for 404 Babcock St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,706 SF
    Total Rate
    4510

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,452 SF
    Rate per SF
    $20
    Space
    Suite 102
    Size
    1,254 SF
    Rate per SF
    $20

    HighLights

    • 2,706 total square feet available in a Brevard County retail, office, and industrial building.
    • Two suites available, ranging from 1,254 to 1,452 square feet.
    • Located in a high‑traffic area near US‑1, the Eau Gallie Arts District, downtown Melbourne, and Melbourne International Airport, with easy beach access.
    • Newly renovated building in a C‑1 neighborhood commercial district.
    • Suite 101: 1,452 square feet, retail office space with multiple rooms and one restroom.
    • Suite 102: 1,254 square feet, retail space with one restroom and warehouse area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Painting & Decorating Inc Painter

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6220397
    Latitude
    28.1028685

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    FAQs

    What type of property is this?
    Distribution property - Retail & Warehouse Suites Available Now
    Where is this distribution property located?
    The property is located at 404 Babcock St Melbourne, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 2,706 total square feet available in a Brevard County retail, office, and industrial building.; Two suites available, ranging from 1,254 to 1,452 square feet.; Located in a high-traffic area near US-1, the Eau Gallie Arts District, downtown Melbourne, and Melbourne International Airport, with easy beach access.
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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
    404 Babcock St Melbourne, FL 32901
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