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    404-410 S Babcock St Melbourne, FL 32901

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    For Lease
    $20 SF/Yr ($1,450 /Mo)

    Retail space in a newly renovated building with high traffic.

    Property size:
    870 SF
    Lot size:
    0.43 Acres

    Property Features for 404-410 S Babcock St

    General Information

    Size
    870 SF
    Lot size
    0.43 Acres

    Source: JM Real Estate - Melbourne Agent Nicole Reed

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

    Overview

    Retail Space in Busy Location

    This retail space is located in a busy area, near US 1, the Eau Gallie Arts District, Downtown Melbourne, and Melbourne International Airport. Situated between two causeways, it offers quick access to the beach. The building has been recently renovated. The location benefits from high daily traffic counts. Zoned C-1 Neighborhood Commercial District, Suite 102 offers 870 square feet of retail space. It includes one restroom and new vinyl plank flooring. The lease rate is $20 per square foot per year, plus $50 per month for water, sewer, and trash services.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6220823
    Latitude
    28.1028344

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    FAQs

    What type of property is this?
    Retail space - Retail space in a newly renovated building with high traffic.
    Where is this retail space located?
    The property is located at 404-410 S Babcock St Melbourne, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Excellent busy location with high daily traffic counts.; - Newly renovated building.; - Close proximity to US 1, Eau Gallie Arts District, Downtown Melbourne, and Melbourne International Airport.
    (321) 242-2882
    Request Owner's contact information
    404-410 S Babcock 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
    404-410 S Babcock St Melbourne, FL 32901
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