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    605 N John Rodes Blvd Melbourne, FL 32934

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    For Sale
    $4,995,000

    Single tenant office and manufacturing facility with established tenant.

    Property size:
    30,780 SF
    Lot size:
    17.51 Acres

    Property Features for 605 N John Rodes Blvd

    General Information

    Size
    30,780 SF
    Lot size
    17.51 Acres

    Source: The Ullian Realty Corporation Agent Michael S. Ullian

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

    Overview

    Occupied Office/Manufacturing Facility For Sale

    This 30,780 square foot facility is fully occupied by a single tenant. The building includes an estimated 9,060 square feet of office space and 21,720 square feet dedicated to production and integration. The property is fully equipped with HVAC, utilizing a Symphony EMS System, and is 100% fire sprinklered. It features city water and sewer services, fiber connectivity, 3-phase power, and a 266/480 V, 600 Amps electrical system. The tenant, Data Flow Systems, LLC, established in 1981 and acquired by SmartCover Systems in 2023, specializes in remote monitoring and control for water, wastewater, and stormwater utilities. The city has expressed interest in a Digital Light Dr connection to John Rodes along the property's north boundary. The lease has a 5-year term.
    Insight Report Location Intelligence

    Current Use by Public Records

    Indian River Engineering Engineer Data Flow Systems Water Works Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop 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
    -80.6972639
    Latitude
    28.1145451

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    FAQs

    What type of property is this?
    Manufacturing property - Single tenant office and manufacturing facility with established tenant.
    Where is this manufacturing property located?
    The property is located at 605 N John Rodes Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: - 100% Occupied Single Tenant Facility with a 5-Year Term, providing immediate income.; - Estimated Net Operating Income (NOI) of $225,000, representing an estimated 7% CAP rate.; - Total of 30,780 SF facility including both office and production/integration space.
    (321) 729-9900
    Request Owner's contact information
    605 N John Rodes Blvd Melbourne, FL 32934
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    Melbourne, FL 32934
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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
    605 N John Rodes Blvd Melbourne, FL 32934
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