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    5410 Murrell Rd Rockledge, FL 32955

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    For Lease
    Contact for pricing

    Prime retail location in Brevard County's master-planned community.

    Property size:
    2,400 SF
    Lot size:
    11.26 Acres

    Property Features for 5410 Murrell Rd

    General Information

    Size
    2,400 SF
    Lot size
    11.26 Acres

    Source: The Benchmark Group Agent Kevin Zugger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Viera

    Located in the heart of Viera, a master-planned community in Brevard County with over 16,000 residents and a planned build-out of 38,000 acres, this retail space offers an excellent neighborhood location. The center's redevelopment was completed in 2019. Viera, a 22,000-acre development, is situated between Wickham Road and Barnes Boulevard, straddling I-95. Viera East is nearing full build-out, while Viera West is planned to be twice as large. A major regional development in Viera West includes the newly opened Avenue Viera lifestyle center and the adjoining Viera Market Center, anchored by Kohl’s. The Viera Boulevard expansion and I-95 flyover are complete, substantially increasing traffic counts in the neighborhood, which have already increased approximately 100% over the last five years. The average household income and growth rates in this location are the highest in Brevard County. Existing subdivisions under construction are expected to result in growth rates that exceed current projections. Ample parking is available, exceeding 5.0 spaces per 1,000 square feet. The property size is 2,400 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.721787
    Latitude
    28.29056

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    FAQs

    What type of property is this?
    Shopping center - Prime retail location in Brevard County's master-planned community.
    Where is this shopping center located?
    The property is located at 5410 Murrell Rd Rockledge, FL.
    What are key features of this property?
    This property features: - Located in the heart of Viera, Brevard County’s most successful master-planned community.; - High average household income and growth rates, the highest in Brevard County.; - Completed Viera Boulevard expansion/flyover I-95 substantially increases traffic counts.
    (716) 833-4986
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    5410 Murrell Rd Rockledge, FL 32955
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    Rockledge, 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
    5410 Murrell Rd Rockledge, FL 32955
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