Medical Office
For Sale
Contact for pricing
1264 Rockledge Boulevard #104, Rockledge, FL 32955
The unit includes a reception area, multiple private offices, and dedicated restrooms.
Property Size3,034 SF
Price / SF$1.33
Days on Market255
Property Features for 1264 Rockledge Boulevard #104
General Information
Standard status
Active
Size
3,034 SF
Property subtype
Office
Additional Details
Condition
Newly Renovated
Road Access
Yes
Property Use
Medical Office
Amenities
monument signage
Listing Agency:
Charles A. Von Stein, Inc
Listed By:
Kirk Von Stein · License #480498
(772) 778-4885
Source:
Mccoyfreeman
Added: Feb 24
Changed: Nov 4
Last Checked: Nov 4 at 8:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles A. Von Stein, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located within Brevard Professional Center, this medical office unit has a reception area, several offices, and private restrooms. The space was recently renovated and is served by more than 80 parking spaces at the property.
The building sits on Rockledge Boulevard, immediately off US-1, between Barton Boulevard and SR-520. Monument signage is available at the center.
The building sits on Rockledge Boulevard, immediately off US-1, between Barton Boulevard and SR-520. Monument signage is available at the center.
Key Highlights
- Recently renovated medical office unit
- Reception area, multiple offices, and private restrooms
- More than 80 parking spaces at the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,185
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,700
$763.7K
Cap Rate 7%
$545,500
$545.5K
Cap Rate 9%
$424,278
$424.3K
Market Conditions
NOI Build-Up for 3,034 SF
Gross rent
$69.2K $22.80/SF
− Vacancy
−$5.5K −$1.82/SF
EGI
$63.6K $20.98/SF
− OpEx
−$25.5K −$8.39/SF
NOI
$38.2K $12.59/SF
Area
Brevard County, FL
Vacancy
8.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,700
Cap Rate 7%
$545,500
Cap Rate 9%
$424,278
Alternative Uses
Best Use
Office B
$589.8K
$516.1K – $688.1K
NOI $41,287 @ 7.0% cap · market cap 1,019.94%
Second Best
Healthcare Medical
$545.5K
$477.3K – $636.4K
NOI $38,185 @ 7.0% cap · market cap 943.31%
Theoretical Best
Office A
$800.5K
$700.4K – $933.9K
NOI $56,032 @ 7.0% cap · market cap 1,384.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The unit includes a reception area, multiple private offices, and dedicated restrooms.
Where is this medical office space located?
The property is located at 1264 Rockledge Boulevard #104 Rockledge, FL.
What are key features of this property?
This property features: Recently renovated medical office unit; Reception area, multiple offices, and private restrooms; More than 80 parking spaces at the property
