Office Building with Fenced
For Sale
$599,900
3526 Ellis Lane, Mims, FL 32754
Commercial Sale, Mims, FL
Property Size3,128 SF
Lot Size1.38 Acres
Price / SF$191.78
Days on Market175
Property Features for 3526 Ellis Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial/Residential/Office
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot, Off Street
Security features
Security System
Fencing
Fenced
Lot features
Cleared, Corner Lot
Directions
From Highway 1 & SR 46 go north, property is just past the True Value on the west side of the road.
Subdivision
101 - Mims/Scottsmoor
Standard status
Active
APN
21-35-07-00-00035.0-0000.00
Size
3,128 SF
Lot size
1.38 Acres
Additional Details
Corner Location
Yes
Property Use
Office
Condition
Built-Out
Taxes and HOA fees
Tax Year
2025
Tax Description
PART OF S 1/2 OF NE 1/4 AS DES IN DB 303 PGS 286 & 570 EX 394 PG 591,404 PG 356 & 407 PG 46,ORB 53 PG 476,2485 PG 1524
Tax Annual Amount
4073
Legal Description
PART OF S 1/2 OF NE 1/4 AS DES IN DB 303 PGS 286 & 570 EX 394 PG 591,404 PG 356 & 407 PG 46,ORB 53 PG 476,2485 PG 1524
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Well
Amenities
covered entry
reception/common area
kitchen/break area
open yard space
covered storage/display areas
LED monument sign
Building Details
Year built
1953
Floors in Building
1
Number of units
1
Flooring type
Carpet, Laminate, Tile
Building materials
Block
Roof type
Metal
Listing Agency:
Flag Agency Inc. · Century 21 Real Estate
Listed By:
Chad P Conner · License #3142967
(321) 267-3600
Added: May 13
Changed: Nov 2
Last Checked: Nov 3 at 2:06AM
MLS# 1077198
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 3,128-square-foot office building sits on 1.38 acres and includes a reception and shared area, private offices, open workspace, a kitchen and break area, and a restroom. A covered entrance serves the office. The property also has several detached structures that may convey, covered storage or display areas, open yard space, and a fenced perimeter. Building features include block construction, a metal roof, and central heating and air conditioning.
Located at Ellis Lane and US-1, the site has access from both roads and more than 400 feet of unobstructed frontage along US-1. BU-2 zoning applies. SpaceX, NASA, Blue Origin, ULA, and I-95 are identified as nearby destinations. The site uses well water and a septic system.
Located at Ellis Lane and US-1, the site has access from both roads and more than 400 feet of unobstructed frontage along US-1. BU-2 zoning applies. SpaceX, NASA, Blue Origin, ULA, and I-95 are identified as nearby destinations. The site uses well water and a septic system.
Key Highlights
- 3,128‑square‑foot office building on 1.38 acres
- More than 400 feet of unobstructed US‑1 frontage
- Access from Ellis Lane and US‑1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,566
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,320
$851.3K
Cap Rate 7%
$608,086
$608.1K
Cap Rate 9%
$472,956
$473.0K
Market Conditions
NOI Build-Up for 3,128 SF
Gross rent
$67.6K $21.60/SF
− Vacancy
−$10.8K −$3.46/SF
EGI
$56.8K $18.14/SF
− OpEx
−$14.2K −$4.54/SF
NOI
$42.6K $13.61/SF
Area
Brevard County, FL
Vacancy
16.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,320
Cap Rate 7%
$608,086
Cap Rate 9%
$472,956
Alternative Uses
Best Use
Office B
$608.1K
$532.1K – $709.4K
NOI $42,566 @ 7.0% cap · market cap 7.10%
Second Best
Retail
$515.2K
$450.8K – $601.1K
NOI $36,063 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$825.3K
$722.1K – $962.8K
NOI $57,768 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 32754, FL
11,996
Population
5,657
Households
2.1
Avg Household Size
50
Median Age
20%
College-Educated
91%
High-School Grad
136.9 sq mi
ZIP Area
88
Density / Sq Mi
$69,960
Median Household Income
$41,758
Median Earnings
$1,004
Median Rent
$260,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - BU-2-zoned property offers office space, outdoor storage areas, and access from both Ellis Lane and US-1.
Where is this office building located?
The property is located at 3526 Ellis Lane Mims, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3,128‑square‑foot office building on 1.38 acres; More than 400 feet of unobstructed US‑1 frontage; Access from Ellis Lane and US‑1
