Single-Tenant Industrial
2809 S Harbor City Blvd Melbourne, FL 32901
For Sale
Contact for pricing
Single-tenant industrial facility offers warehouse space, a showroom/office area, and paved outside storage.
Property Size16,791 SF
Price / SF$116.13
Days on Market103
Property Features for 2809 S Harbor City Blvd
General Information
- Standard status
- Active
- Size
- 16,791 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1959
Listing Agency:
Lightle Beckner Robison Inc
(321) 722-0707
Listed By:
Michael Moss II · License #FL 3551933
Source:
Crexi
Added: Apr 13
Changed: Jul 23
Last Checked: Jul 23 at 6:36PM
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 single-tenant industrial property previously operated as ABC Supply Co and is available for lease or sale. The layout includes approximately 3,000 square feet of open showroom and office space, along with roughly 14,000 square feet of 18' clear warehouse area. Additional improvements include paved outside storage and about 6,000 square feet of covered space toward the rear.
The property is located directly on US Highway 1, just south of 192. It is positioned less than 10 miles from Interstate 95 and is within the Melbourne industrial corridor, with Melbourne Airport noted nearby.
Zoned C-2 General Commercial, the site offers flexibility for various uses, suitable for an owner-user or an investor seeking an industrial asset in the market.
The property is located directly on US Highway 1, just south of 192. It is positioned less than 10 miles from Interstate 95 and is within the Melbourne industrial corridor, with Melbourne Airport noted nearby.
Zoned C-2 General Commercial, the site offers flexibility for various uses, suitable for an owner-user or an investor seeking an industrial asset in the market.
Key Highlights
- Single‑tenant industrial facility on US‑1 (just south of 192).
- Includes approx. 18' clear warehouse space totaling about 14,000 SF.
- Approx. 3,000 SF open showroom and office area.
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 | $282.1k | $16.80 |
| − Vacancy | −$18.3k | −$1.09 |
| EGI | $263.8k | $15.71 |
| − OpEx | −$92.3k | −$5.50 |
| NOI | $171.4k | $10.21 |
16,791 SF · lease $16.80/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$3.26M
$2.86M – $3.81M
NOI $228,492 @ 7.0% cap · market cap 11.72%
Second Best
Flex RnD
$2.45M
$2.14M – $2.86M
NOI $171,439 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$4.43M
$3.88M – $5.17M
NOI $310,096 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ABC Supply Co., ...
Big Box & Wholesale Store
Similar Off Market Nearby
- Granny's Fresh Seafood & Crabs — 2815 lipscomb st, melbourne, fl 32901
FAQs
What type of property is this?
Flex space - Single-tenant industrial facility offers warehouse space, a showroom/office area, and paved outside storage.
Where is this flex space located?
The property is located at 2809 S Harbor City Blvd Melbourne, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Single‑tenant industrial facility on US‑1 (just south of 192).; Includes approx. 18' clear warehouse space totaling about 14,000 SF.; Approx. 3,000 SF open showroom and office area.
