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    1565 Sarno Rd Melbourne, FL 32935

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    For Sale
    $850,000

    Commercial property in Melbourne, Florida with multiple units for sale.

    Property size:
    4,786 SF
    Lot size:
    0.61 Acres

    Property Features for 1565 Sarno Rd

    General Information

    Size
    4,786 SF
    Lot size
    0.61 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

    Melbourne Commercial Property For Sale

    This commercial property in Melbourne, Florida, features multiple units suitable for various uses. Unit A is an estimated 1,125 square feet office space, to be delivered vacant at closing. Unit B is an estimated 1,243 square feet chiropractor's office with a lease expiring on December 31, 2025. Unit C offers an estimated 1,126 square feet of office space and will be delivered vacant at closing. Unit D is an estimated 1,292 square feet restaurant with seating for 43 inside and 22 outside, with a lease expiring on December 31, 2025. Each office unit includes a reception area, multiple hard-wall offices, and two restrooms. The property has city water and sewer, FPL electric, and piped underground natural gas. Each unit is separately metered for electric and water. There are 24 concrete paved, striped, and lighted parking spaces available. The property is zoned C-2, allowing for office, medical/dental, electronic assembly, restaurant, and other uses. The total property size is 4,786 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Latin Flavor Restaurant Puerto Rican Restaurant Dr. Gregory Cheshire Dentist Mitchell L. Kaplan, ... Chiropractor Florida Native Medical Medical Clinic Mitchell Lee Kaplan Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -80.645665
    Latitude
    28.1207725

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    FAQs

    What type of property is this?
    Office space - Commercial property in Melbourne, Florida with multiple units for sale.
    Where is this office space located?
    The property is located at 1565 Sarno Rd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Four Units with Diverse Usage: Office, Chiropractor, Restaurant.; - Two Vacant Office Units (A & C) Available at Closing.; - Restaurant Unit (D) with Indoor (43) and Outdoor (22) Seating.
    (321) 729-9900
    Request Owner's contact information
    1565 Sarno Rd Melbourne, FL 32935
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    Melbourne, FL 32935
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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
    1565 Sarno Rd Melbourne, FL 32935
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