Warehouse with
2825 Business Ctr Boulevard #D-7, Melbourne, FL 32940
For Sale
Contact for pricing
Pending
Fully air-conditioned space supports office and clean industrial uses, while automotive uses are not permitted.
Property Size1,200 SF
Days on Market107
Property Features for 2825 Business Ctr Boulevard #D-7
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Office Build-Out
Drive-In Doors
Conditioned Warehouse
Building Details
Year Built
Listing Agency:
SouthTrend Realty
(321) 752-1199
Listed By:
Adam Rathbun · License #601973
(321) 266-9200
Source:
Mccoyfreeman
Added: Jul 24
Changed: Nov 6
Last Checked: Nov 6 at 9:13AM
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 SouthTrend Realty
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 1,200-square-foot warehouse includes a 12-by-12-foot office, full air conditioning, and one grade-level loading door. The building dates to 2000.
Office and clean industrial uses are permitted. Automotive uses are excluded. The rent includes trash pickup and water and sewer service.
Office and clean industrial uses are permitted. Automotive uses are excluded. The rent includes trash pickup and water and sewer service.
Key Highlights
- 1,200 square feet with a 12‑by‑12‑foot office
- Fully air‑conditioned warehouse space
- One grade‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,268
Suggested Prices Based on Cap Rates
Cap Rate 5%
$165,360
$165.4K
Cap Rate 7%
$118,114
$118.1K
Cap Rate 9%
$91,867
$91.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$10.1K $8.40/SF
− Vacancy
−$353 −$0.29/SF
EGI
$9.7K $8.11/SF
− OpEx
−$1.5K −$1.22/SF
NOI
$8.3K $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%
$165,360
Cap Rate 7%
$118,114
Cap Rate 9%
$91,867
Alternative Uses
Best Use
Warehouse
$118.1K
$103.4K – $137.8K
NOI $8,268 @ 7.0% cap · market cap 551.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.6K
$277.0K – $369.4K
NOI $22,162 @ 7.0% cap · market cap 1,477.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32940, FL
44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Melbourne, FL
Properties on Market for Warehouses in Melbourne
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Atlantic Open Storage — 4660 US-1, Melbourne, FL 32935
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- The Safe Lot — 5255 Corporate Ct, Melbourne, FL 32940
- Pineda Business Center — 5325 N Wickham Rd, Melbourne, FL 32940
- Wright Storage Unit — 2475 parklane dr, palm shores, fl 32940
Frequently Asked Questions
What type of property is this?
Warehouse - Fully air-conditioned space supports office and clean industrial uses, while automotive uses are not permitted.
Where is this warehouse located?
The property is located at 2825 Business Ctr Boulevard #D-7 Melbourne, FL.
What are key features of this property?
This property features: 1,200 square feet with a 12‑by‑12‑foot office; Fully air‑conditioned warehouse space; One grade‑level loading door
