Property profile

1202-1292 Sarno Rd Melbourne, FL 32935

OFF-MARKET
Retail space
Property ID
US18-Q022402
Built 1989
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Property summary

AI-generated overview

Join a large retail property with restaurants and offices. this retail space off of N Apollo Blvd and Sarno road is a prime retail location because it is only 5 minutes from the Melbourne International Airport. Spaces available from 1300 square feet to 2600 square feet. 24/7 Access Plenty of parking Tripple Net Lease bikeScore: 48, Somewhat Bikeable walkScore: 31, Car-Dependent

Property profile

Verified
Property type Retail space
Year built 1989
UPID US18-Q022402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

1202-1292 Sarno Rd Melbourne, FL 32935
Melbourne metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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