Flex Warehouse with
2911 Dusa Drive Melbourne, FL 32934
2911 Dusa Drive, Melbourne, FL, 32934
Contact for pricing
For Sale
Contact for pricing
Modern front office setup with overhead doors at the rear for loading and drop-offs, plus extensive exterior parking.
Property Size14,568 SF
Price / SF$164.74
Days on Market19
Property Features for 2911 Dusa Drive
General Information
- Standard status
- Active
- Size
- 14,568 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2000
Listing agency
Charles A. Von Stein, Inc
(772) 778-4885
Listed by
Kirk Von Stein · License #FL
Source
Crexi
Added: Jul 3 Updated: Jul 20 at 8:22PM Checked: Jul 21 at 5:27AM
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 Charles A. Von Stein, Inc
Investment Insights
Based on property information with market context.
This flex warehouse property combines office space at the front with warehouse functionality at the rear. The layout includes modern office areas, each with a warehouse behind it, supporting straightforward separation between customer or administrative space and operations. Overhead doors at the back provide practical access for deliveries and unloading. The property also features extensive interior and exterior renovations, including new paint and signage.
The building is located off Wickham Road in a growing upscale area of Brevard County. It sits east of Wickham Road between Lake Washington Road and Aurora Road. Parking is a key component of the site, with a roundabout parking lot designed to make unloading and loading more efficient.
The overall configuration is geared toward businesses that need both office presence and rear loading access, with office and warehouse areas arranged to support direct operational workflow.
The building is located off Wickham Road in a growing upscale area of Brevard County. It sits east of Wickham Road between Lake Washington Road and Aurora Road. Parking is a key component of the site, with a roundabout parking lot designed to make unloading and loading more efficient.
The overall configuration is geared toward businesses that need both office presence and rear loading access, with office and warehouse areas arranged to support direct operational workflow.
Key Highlights
- Year built 2000
- Front‑of‑building office layout with overhead doors at the rear for drop‑offs and deliveries
- Roundabout parking lot designed for easy unloading and loading
Local Financial Insights For Office B
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 | $314.7k | $21.60 |
| − Vacancy | −$50.3k | −$3.46 |
| EGI | $264.3k | $18.14 |
| − OpEx | −$66.1k | −$4.54 |
| NOI | $198.2k | $13.61 |
14,568 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.83M
$2.48M – $3.30M
NOI $198,241 @ 7.0% cap · market cap 8.26%
Second Best
Flex RnD
$2.12M
$1.86M – $2.48M
NOI $148,742 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$3.84M
$3.36M – $4.48M
NOI $269,042 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coleman Fire Protection
General Contractor
Coastal Bath LLC
Corporate Office
Champion Electrical Solutions, ...
Electrical Service
Extreme Handyman Repairs
Hardware & Home Improvement
Space Coast Building ...
Apartment Building
Similar For Sale Nearby
Similar Off Market Nearby
- Suga' Rob's — 2600 Aurora Rd Suite G, Melbourne, FL 32935
- Love City Cafe — 2787 Aurora Rd, Melbourne, FL 32935
FAQs
What type of property is this?
Flex space - Modern front office setup with overhead doors at the rear for loading and drop-offs, plus extensive exterior parking.
Where is this flex space located?
The property is located at 2911 Dusa Drive Melbourne, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Year built 2000; Front‑of‑building office layout with overhead doors at the rear for drop‑offs and deliveries; Roundabout parking lot designed for easy unloading and loading
