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112 W New Haven Avenue, Melbourne, FL 32901

A multi-room office layout includes private workrooms, shared reception, and support areas.

Property Size3,575 SF
Price / SF$0.84
Days on Market100

Property Features for 112 W New Haven Avenue

General Information

Standard status Active
Size 3,575 SF

Additional Details

Road Access Yes
Listing Agency: RE/MAX Aerospace Realty
Listed By: Lori Nartatez · License #3195261
Source: Startbrevardsearch
Added: Jul 15 Changed: Oct 7 Last Checked: Oct 20 at 8:28PM

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 RE/MAX Aerospace Realty

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Investment Insights

Based on property information with market context.

This 3,575 SF office property at 112 W New Haven Avenue provides a completed professional workspace with four private offices and an open work area. The interior also includes shared reception, a conference room, copy room, kitchen and break area, plus bathrooms.

The property is near downtown Melbourne, with access to shopping, dining, major roadways, and surrounding business districts. Its layout combines enclosed offices with collaborative space and operational support areas within a single office setting.

Key Highlights

  • 3,575 SF office property at 112 W New Haven Avenue
  • Four built‑out private offices plus an open work area
  • Shared reception, conference room, and copy room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,649
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,980 $973.0K
Cap Rate 7%
$694,986 $695.0K
Cap Rate 9%
$540,544 $540.5K
Market Conditions
NOI Build-Up for 3,575 SF
Gross rent
$77.2K $21.60/SF
− Vacancy
−$12.4K −$3.46/SF
EGI
$64.9K $18.14/SF
− OpEx
−$16.2K −$4.54/SF
NOI
$48.6K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$972,980
Cap Rate 7%
$694,986
Cap Rate 9%
$540,544

Alternative Uses

Best Use
Office B
$695.0K
$608.1K – $810.8K (±1% cap)
NOI $48,649 @ 7.0% cap · market cap 1,621.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$943.2K
$825.3K – $1.10M (±1% cap)
NOI $66,023 @ 7.0% cap · market cap 2,200.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Singer & O'Neil: Angela ... Law Firm O'Neil Injury Law Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Storage Facility Kitchen & Bath Showroom Plumbing Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,177
Businesses Nearby

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 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 multi-room office layout includes private workrooms, shared reception, and support areas.
Where is this office unit located?
The property is located at 112 W New Haven Avenue Melbourne, FL.
What are key features of this property?
This property features: 3,575 SF office property at 112 W New Haven Avenue; Four built‑out private offices plus an open work area; Shared reception, conference room, and copy room
More about this property
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