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    691 Washburn Rd Melbourne, FL 32934

    For Lease
    $1,895,000

    7,500 SF warehouse with M-1 zoning available for rent.

    Property size:
    7,500 SF
    Lot size:
    1.01 Acres

    Property Features for 691 Washburn Rd

    General Information

    Size
    7,500 SF
    Lot size
    1.01 Acres

    Source: The Ullian Realty Corporation Agent Zachary Ullian

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

    Overview

    New Industrial Warehouse Space

    This newly constructed warehouse space, built in 2023, offers approximately 7,500 square feet of open configuration. The dimensions are estimated at 75 feet deep and 100 feet wide. The space features concrete flooring throughout and includes one restroom. The clear height ranges from approximately 9 to 14 feet. There are four grade-level doors, each measuring approximately 12 feet by 12 feet. Utilities include city water and sewer, as well as 1-phase 200 amp 240v FPL electric. The property provides 14 concrete-paved, striped, and lighted parking spaces. Zoned M-1, the property is suitable for warehousing, automotive purposes, light assembly, manufacturing, and other uses.
    Location Intelligence

    Current Use by Public Records

    Monsta Performance Inc Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    Boulevard Mini Storage Inc, Orlando Records Storage, müv - Space Coast Moving Experts, North American Moving Services, Mike Todisco’s Moving

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6859384
    Latitude
    28.1175895

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    FAQs

    What type of property is this?
    Warehouse - 7,500 SF warehouse with M-1 zoning available for rent.
    Where is this warehouse located?
    The property is located at 691 Washburn Rd Melbourne, FL.
    What are key features of this property?
    This property features: - M-1 Zoning: Suitable for Warehousing, Automotive, Light Assembly/Manufact & More!; - 2023 Construction: Modern build with up-to-date standards.; - Features four 12’ x 12’ +/- Grade Level Doors for easy loading and unloading.
    (321) 750-3439
    Request Owner's contact information
    691 Washburn Rd Melbourne, FL 32934
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    691 Washburn Rd
    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
    691 Washburn Rd Melbourne, FL 32934
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