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Production Flex Building
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264 West Drive, Melbourne, FL 32904

The layout combines dedicated office and support areas with separate production rooms and roll-up access.

Property Size7,114 SF
Price / SF$1.08
Days on Market2

Property Features for 264 West Drive

General Information

Standard status Active
Size 7,114 SF
Listing Agency: Sperry CGA-Flint Brokers
Listed By: James Flint · License ##BK3313539
Source: Startbrevardsearch
Added: Oct 1 Last Checked: Oct 1 at 2:27PM

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 Sperry CGA-Flint Brokers

Investment Insights

Based on property information with market context.

At 264 West Drive in Melbourne, this flex building contains 7,114 square feet on 0.94 acres. Approximately 3,900 square feet is production and work area, with about 3,200 square feet devoted to offices and support. The interior includes eight private offices, three restrooms, a kitchen and break room, reception, utility and storage areas, and two production rooms. Ceiling height is 15 feet, with 10-foot drop ceilings. Three 12-by-10-foot roll-up doors serve the work areas; two are covered and could potentially be returned to use.

Parking is available at both the front and rear, and the property can be accessed from either side. A landscaped outdoor area includes patio seating and a decorative water feature. The building has a new TPO roof with custom coping, and its exterior was painted approximately three years ago.

Key Highlights

  • 7,114 SF building on 0.94 acres
  • Approximately 3,900 SF of production/work area and 3,200 SF of office/support space
  • Eight private offices, three restrooms, kitchen/break room, reception, and two production rooms

Property Analytics

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Current Use

Florida Screen & Aluminum Computer & Electronic Repair

Suggested Use

Top Pick Restaurant Law Firm Pharmacy Real Estate Agency Hair Salon Nail Salon

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

632
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - The layout combines dedicated office and support areas with separate production rooms and roll-up access.
Where is this flex space located?
The property is located at 264 West Drive Melbourne, FL.
What are key features of this property?
This property features: 7,114 SF building on 0.94 acres; Approximately 3,900 SF of production/work area and 3,200 SF of office/support space; Eight private offices, three restrooms, kitchen/break room, reception, and two production rooms
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