2725 Center Place Melbourne, FL 32940
COMMERCIAL - Melbourne, FL
- Added:
- Apr 20, 2026
- Days on Market:
- 83
- Last Refresh:
- Jul 11 at 4:06 am
Property Features for 2725 Center Place
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 8
- Rooms
- Bathroom 6, Bathroom 5, Bathroom 8, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 7
- Parking features
- Parking Lot
- Security features
- Security System
- Standard status
- Active
- APN
- 26-37-30-50-00000.0-0005.00
- Size
- 20,187 SF
- Lot size
- 2.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WICKHAM ROAD BUSINESS CENTER SOUTH PHASE 1 LOT 5
- Tax Annual Amount
- 31540
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Flooring type
- Vinyl, Carpet, Tile
- Building materials
- Stucco
- Roof type
- Rolled Hot Mop
Listing agent John D Curri License #3105835 (321) 961-4487
Listing office Realty World Curri Properties 1097 S Patrick Drive, Melbourne, FL (321) 259-1003
Listing date Apr 20, 2026
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 property includes approximately 55 parking spaces, a fenced +/-1,350 SF patio, and access to a +/-16,000 SF gated yard. Warehouse features include two dock-high bays, three roll-up doors (14' x 10'), +/-400 SF mezzanine storage, +/-800 SF air-conditioned workspace, and 20'–22' clear height ceilings.
Located in Melbourne’s Pineda/Wickham Rd corridor with easy access to I-95, US-1, and the beaches. The building is described as flex space suited to Light Industrial zoning and supports multiple occupancy options.
Key Highlights
- 20,187 SF two‑story commercial building built in 1986 with stucco exterior
- Light industrial zoning; currently set up as professional office plus rear warehouse with multiple occupancy options
- First‑floor tenant space: 3,868 SF at $22/SF; second floor is owner‑occupied and may be available for leaseback or immediate use
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 | $339.1k | $16.80 |
| − Vacancy | −$22.0k | −$1.09 |
| EGI | $317.1k | $15.71 |
| − OpEx | −$111.0k | −$5.50 |
| NOI | $206.1k | $10.21 |
