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    1605 Lake St Melbourne, FL 32901

    For Sale
    $3,850,000

    Three-building industrial campus near Melbourne Airport for sale.

    Property size:
    12,800 SF
    Lot size:
    1.43 Acres

    Property Features for 1605 Lake St

    General Information

    Size
    12,800 SF
    Lot size
    1.43 Acres

    Source: Lightle Beckner Robison, Inc. Agent Brian L. Lightle

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

    Overview

    Melbourne Industrial Manufacturing Campus

    This offering presents a rare opportunity to own a three-building industrial manufacturing campus located in Melbourne, Florida, in close proximity to downtown. The property benefits from a prime location near Melbourne Airport and Holmes Regional Hospital, and is situated across from the Melbourne Civic Auditorium. The property has a total size of 12,800 square feet.
    Location Intelligence

    Current Use by Public Records

    Magnus High-Tech Industries Machining Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.610005
    Latitude
    28.082182

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    FAQs

    What type of property is this?
    Manufacturing property - Three-building industrial campus near Melbourne Airport for sale.
    Where is this manufacturing property located?
    The property is located at 1605 Lake St Melbourne, FL.
    What is the asking price?
    The asking price for this property is $3,850,000.
    What are key features of this property?
    This property features: - Rare opportunity to own a Three Building Industrial Manufacturing Campus; - Industrial Manufacturing Campus; - Prime location close to Melbourne Airport
    (321) 863-3228
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    1605 Lake St Melbourne, FL 32901
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    Melbourne, FL 32901
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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
    1605 Lake St Melbourne, FL 32901
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