Industrial Manufacturing
For Sale
$3,900,000
1808 Baldwin Street, Rockledge, FL 32955
Commercial Sale, Rockledge, FL
Property Size31,896 SF
Lot Size2.87 Acres
Price / SF$122.27
Days on Market13
Property Features for 1808 Baldwin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Parking features
Parking Lot
Directions
US 1-North Harbor City Blvd, West on Barton Blvd, left after Peace In the Garden Cafe onto Baldwin Street, turn left on Baldwin Street.
Subdivision
214 - Rockledge - West of US1
Standard status
Active
APN
25-36-09-00-00016.0-0000.00
Size
31,896 SF
Lot size
2.87 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PART OF NW 1/4 OF NE 1/4 AS DES IN ORB 550 PG 828 & ORB 555 PG 771 EXC ORB 788 PG 107 & 1010 PG 682 & EXC ORB 634 PG 649 PAR 17
Tax Annual Amount
21918
Legal Description
PART OF NW 1/4 OF NE 1/4 AS DES IN ORB 550 PG 828 & ORB 555 PG 771 EXC ORB 788 PG 107 & 1010 PG 682 & EXC ORB 634 PG 649 PAR 17
Utilities
Sewer type
Public Sewer
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Number of units
2
Building materials
Block
Roof type
Membrane, Shingle
Listing Agency:
Denovo Realty
(321) 237-1887
Listed By:
Nick F Farinella · License #FL536213
(321) 543-1685
Added: Sep 24
Changed: Sep 26
Last Checked: Oct 6 at 11:06PM
MLS# 1088444
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Rockledge manufacturing campus comprises two connected buildings on 2.87 acres. About 75% of the space is climate controlled, and each building has at least two grade-level truck-access doors. The property includes six operational CNC machines, including a Haas EC-500 horizontal machining center, along with machining and support infrastructure.
Both buildings have three-phase 220V service. Reported 440V capacity was added in 2021 for a compressor system. Municipal water and sewer serve the site, which is zoned M-1 General Industrial. Equipment, machinery, tooling, and related assets may be available separately, subject to negotiated terms and final inventory.
Both buildings have three-phase 220V service. Reported 440V capacity was added in 2021 for a compressor system. Municipal water and sewer serve the site, which is zoned M-1 General Industrial. Equipment, machinery, tooling, and related assets may be available separately, subject to negotiated terms and final inventory.
Key Highlights
- Two connected buildings on 2.87 acres
- Six operational CNC machines, including a Haas EC‑500 horizontal machining center
- About 75% climate controlled
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$219,767
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,395,340
$4.4M
Cap Rate 7%
$3,139,529
$3.1M
Cap Rate 9%
$2,441,856
$2.4M
Market Conditions
NOI Build-Up for 31,896 SF
Gross rent
$267.9K $8.40/SF
− Vacancy
−$9.4K −$0.29/SF
EGI
$258.5K $8.11/SF
− OpEx
−$38.8K −$1.22/SF
NOI
$219.8K $6.89/SF
Area
Brevard County, FL
Vacancy
3.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,395,340
Cap Rate 7%
$3,139,529
Cap Rate 9%
$2,441,856
Alternative Uses
Best Use
Warehouse
$3.14M
$2.75M – $3.66M
NOI $219,767 @ 7.0% cap · market cap 5.64%
Second Best
Industrial
$2.78M
$2.44M – $3.25M
NOI $194,916 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$8.42M
$7.36M – $9.82M
NOI $589,055 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,108
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - M-1 zoning and six operational CNC machines support an established manufacturing operation.
Where is this manufacturing property located?
The property is located at 1808 Baldwin Street Rockledge, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Two connected buildings on 2.87 acres; Six operational CNC machines, including a Haas EC‑500 horizontal machining center; About 75% climate controlled
