Industrial Warehouse and Manufacturing
1808 - 1826 Baldwin Street Rockledge, FL 32955
1808 - 1826 Baldwin Street, Rockledge, FL, 32955
$4,200,000
For Sale
$4,200,000
Combined warehouse and manufacturing space with machine shop, offices, multiple grade level doors, fenced yard, and heavy power.
Property Size33,000 SF
Lot Size2.87 Acres
Price / SF$127.27
Days on Market103
Property Features for 1808 - 1826 Baldwin Street
General Information
- Standard status
- Active
- Size
- 33,000 SF
- Lot size
- 2.87 Acres
- Property subtype
- Factory
Building Details
- Year Built
- 1983
Listing agency
Lightle Beckner Robison, Inc
(321) 722-0707
Listed by
Brian Lightle, CCIM, SIOR
(321) 722-0707
Source
Thebrokerlist
Added: Apr 10 Updated: Jul 20 at 7:35PM Checked: Jul 21 at 2:58AM
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 Lightle Beckner Robison, Inc
Investment Insights
Based on property information with market context.
This for-sale industrial property offers combined warehouse and manufacturing space, including manufacturing areas and a machine shop. The facility also includes offices, a conference room, large open cubicle space, and a showroom area. Additional features include multiple grade level doors, heavy power, fenced yard space, pylon signage, and ample parking.
The property is located between Eyster and just off Barton Blvd in Rockledge, Florida, with proximity to US Highway 1 and major highways and transportation corridors.
Constructed in 1983 and 2000, the building(s) provide a configuration that is approximately 70% manufacturing/warehouse/machine shop and approximately 30% office and related space. Zoning is listed as M1, with future land use identified as RMV and redevelopment mixed use.
The property is located between Eyster and just off Barton Blvd in Rockledge, Florida, with proximity to US Highway 1 and major highways and transportation corridors.
Constructed in 1983 and 2000, the building(s) provide a configuration that is approximately 70% manufacturing/warehouse/machine shop and approximately 30% office and related space. Zoning is listed as M1, with future land use identified as RMV and redevelopment mixed use.
Key Highlights
- +/- 33,000 SF combined industrial warehouse/manufacturing space, including machine shop areas and offices
- +/- 40,000 SF total buildings/warehouses constructed in 1983 and 2000
- Heavy power available and multiple grade level doors for warehouse and manufacturing access
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $554.4k | $16.80 |
| − Vacancy | −$36.0k | −$1.09 |
| EGI | $518.4k | $15.71 |
| − OpEx | −$181.4k | −$5.50 |
| NOI | $336.9k | $10.21 |
33,000 SF · lease $16.80/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$4.81M
$4.21M – $5.62M
NOI $336,937 @ 7.0% cap · market cap 8.02%
Second Best
Warehouse
$3.25M
$2.84M – $3.79M
NOI $227,373 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$8.71M
$7.62M – $10.16M
NOI $609,444 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Combined warehouse and manufacturing space with machine shop, offices, multiple grade level doors, fenced yard, and heavy power.
Where is this flex space located?
The property is located at 1808 - 1826 Baldwin Street Rockledge, FL.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: +/- 33,000 SF combined industrial warehouse/manufacturing space, including machine shop areas and offices; +/- 40,000 SF total buildings/warehouses constructed in 1983 and 2000; Heavy power available and multiple grade level doors for warehouse and manufacturing access
