Retail Space with Rear
For Sale
Contact for pricing
2220 Sarno Road C And D, Melbourne, FL 32935
A shell-format commercial suite offers a flexible starting point for a tailored interior buildout.
Property Size4,758 SF
Price / SF$1.35
Days on Market46
Property Features for 2220 Sarno Road C And D
General Information
Standard status
Active
Size
4,758 SF
Property subtype
Business
Site & Location
Traffic Count
32,730 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Shell
Amenities
rear loading door
monument signage
building signage
Building Details
Year Built
1988
Listing Agency:
Compass Florida, LLC
(321) 214-8400
Listed By:
Bobby Freeman · License #3076980
(321) 693-1694
Source:
Mccoyfreeman
Added: Sep 15
Changed: Oct 29
Last Checked: Oct 29 at 2:54PM
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 Compass Florida, LLC
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.
This 4,758-square-foot retail space is offered in shell condition, with a rear loading door for deliveries and equipment. The building dates to 1988. Monument and building signage are available, and the owner is open to buildout arrangements and flexible lease terms.
The property sits at Sarno Road and Croton Road, where the two roads carry approximately 32,730 vehicles daily in combination. Access connects with Melbourne Orlando International Airport, area beaches, I-95, and nearby major employers, including Embraer, Northrop Grumman, and L3Harris. Zoning permits retail, office, assembly, and other uses.
The property sits at Sarno Road and Croton Road, where the two roads carry approximately 32,730 vehicles daily in combination. Access connects with Melbourne Orlando International Airport, area beaches, I-95, and nearby major employers, including Embraer, Northrop Grumman, and L3Harris. Zoning permits retail, office, assembly, and other uses.
Key Highlights
- 4,758 square feet offered in shell condition
- Approximately 32,730 combined vehicles pass Sarno Road and Croton Road daily
- Rear loading door accommodates delivery and equipment access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,855
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,100
$1.1M
Cap Rate 7%
$783,643
$783.6K
Cap Rate 9%
$609,500
$609.5K
Market Conditions
NOI Build-Up for 4,758 SF
Gross rent
$85.6K $18.00/SF
− Vacancy
−$7.3K −$1.53/SF
EGI
$78.4K $16.47/SF
− OpEx
−$23.5K −$4.94/SF
NOI
$54.9K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,100
Cap Rate 7%
$783,643
Cap Rate 9%
$609,500
Alternative Uses
Best Use
Retail
$783.6K
$685.7K – $914.3K
NOI $54,855 @ 7.0% cap · market cap 851.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,871 @ 7.0% cap · market cap 1,364.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
32,730 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
6,587 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
5,859 visits/mo
0.0 miles
Exxon
Shops & Services
3,136 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A shell-format commercial suite offers a flexible starting point for a tailored interior buildout.
Where is this retail space located?
The property is located at 2220 Sarno Road C And D Melbourne, FL.
What are key features of this property?
This property features: 4,758 square feet offered in shell condition; Approximately 32,730 combined vehicles pass Sarno Road and Croton Road daily; Rear loading door accommodates delivery and equipment access
