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Professional Office Unit
For Lease
$1,500/Mo

1116 Sarno Road A, Melbourne, FL 32935

A configurable interior is identified for professional and service-based business operations.

Space SizeContact for details
Property Size1,500 SF
Days on Market57

Property Features for 1116 Sarno Road A

General Information

Standard status Active
Size 1,500 SF
Property subtype Office

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $6,505

Building Details

Building Size 1,500 SF
Year Built 1958
Listing Agency: Waterman Real Estate
Listed By: MVP SALES GROUP
Source: Mvpsalesgroup
Added: Sep 7 Changed: Oct 30 Last Checked: Oct 30 at 2:09AM

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 Waterman Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 1,500-square-foot office unit has a layout described as adaptable. Potential business functions listed for the space include medical services, legal and accounting practices, consulting, therapy, education, and administrative work.

The property is at 1116 Sarno Road A in Melbourne, Florida. It was built in 1958.

Key Highlights

  • 1,500 square feet of office space
  • Built in 1958
  • Located at 1116 Sarno Road A, Melbourne, FL 32935

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Pinnacle Mortgage of Melbourne Loan Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Pharmacy Plumbing Service Barber Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$18 /SF/Yr
Avg Asking Price
$1.61–$47.11 /SF/Yr
Price Range
13,575 SF
Avg Space Size

This space is priced 33% below the average of $18 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A configurable interior is identified for professional and service-based business operations.
Where is this office unit located?
The property is located at 1116 Sarno Road A Melbourne, FL.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,500 square feet of office space; Built in 1958; Located at 1116 Sarno Road A, Melbourne, FL 32935
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