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Six-Unit Retail Strip Center
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1704 Aurora Road, Melbourne, FL 32935

A fenced outdoor storage yard adds a separate leasing component to the occupied retail property.

Property SizeContact for details
Days on Market7

Property Features for 1704 Aurora Road

General Information

Standard status Active
Property subtype Retail, Land, Self Storage
Listing Agency: V3 Capital Group
Listed By: Solomon Attaway · License #BK3335730
Source: Crexi
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 26 at 4:01AM

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 V3 Capital Group

Investment Insights

Based on property information with market context.

The Melbourne property contains a 6,969-square-foot retail strip with six units on a 0.88-acre parcel. All six retail units are occupied, and their existing leases use gross structures. A fenced outdoor storage yard provides an additional component, with 25 of its 36 lots leased.

The property is at 1704 Aurora Road and is zoned BU-2.

Key Highlights

  • 6,969‑square‑foot retail building with 6 units
  • Retail units are 100% occupied with gross leases
  • Fenced storage yard has 36 lots, with 25 leased

Property Analytics

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Current Use

All Source Insurance ... Insurance Agency Amethyst Law Group Law Firm Marvin O Marketing ... Advertising Agency

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Hair Salon Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
9,026 visits/mo 0.4 miles
Family Dollar Shops & Services
3,787 visits/mo 0.1 miles
Chevron Shops & Services
3,575 visits/mo 0.1 miles

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - A fenced outdoor storage yard adds a separate leasing component to the occupied retail property.
Where is this strip mall located?
The property is located at 1704 Aurora Road Melbourne, FL.
What are key features of this property?
This property features: 6,969‑square‑foot retail building with 6 units; Retail units are 100% occupied with gross leases; Fenced storage yard has 36 lots, with 25 leased
More about this property
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