Air-Conditioned Manufacturing
New
For Sale
$2,050,000
415 Gus Hipp Blvd, Rockledge, FL 32955
Office suites connect directly to assembly, machine shop, and warehouse areas.
Property Size13,310 SF
Price / SF$154.02
Days on Market2
Property Features for 415 Gus Hipp Blvd
General Information
Standard status
Active
Size
13,310 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Amenities
conference room
full kitchen
Building Details
Building Size
13,310 SF
Year Built
1984
Listing Agency:
Lightle Beckner Robison Inc
Listed By:
Luke Brown · License #FL #SL3569606
(603) 244-8052
Source:
Teamlbr
Added: Oct 16
Last Checked: Oct 16 at 2:08PM
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
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Investment Insights
Based on property information with market context.
This 13,310 SF manufacturing and warehouse facility includes a two-story office section with reception, private offices, a conference room, and a full kitchen. The office area connects to a clear-span assembly and machine shop, along with warehouse space. Building finishes and systems include epoxy flooring, LED lighting, solar power, 3-phase power, a water softening system, and one 12' x 14' grade-level roll-up door. Minimum clear height is approximately 18 feet. Built in 1984, the property is located at 415 Gus Hipp Blvd in Rockledge, Florida.
Key Highlights
- ±13,310 SF manufacturing and warehouse facility
- Two‑story front office with reception area, private offices, conference room, and full kitchen
- Clear‑span assembly and machine shop areas connect with the office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,707
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,140
$1.8M
Cap Rate 7%
$1,310,100
$1.3M
Cap Rate 9%
$1,018,967
$1.0M
Market Conditions
NOI Build-Up for 13,310 SF
Gross rent
$111.8K $8.40/SF
− Vacancy
−$3.9K −$0.29/SF
EGI
$107.9K $8.11/SF
− OpEx
−$16.2K −$1.22/SF
NOI
$91.7K $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%
$1,834,140
Cap Rate 7%
$1,310,100
Cap Rate 9%
$1,018,967
Alternative Uses
Best Use
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,707 @ 7.0% cap · market cap 4.47%
Second Best
Industrial
$1.16M
$1.02M – $1.36M
NOI $81,337 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$3.51M
$3.07M – $4.10M
NOI $245,809 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 32955, FL
40,275
Population
19,281
Households
2.1
Avg Household Size
46
Median Age
38%
College-Educated
94%
High-School Grad
50.9 sq mi
ZIP Area
791
Density / Sq Mi
$85,133
Median Household Income
$43,574
Median Earnings
$1,656
Median Rent
$327,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Office suites connect directly to assembly, machine shop, and warehouse areas.
Where is this manufacturing property located?
The property is located at 415 Gus Hipp Blvd Rockledge, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: ±13,310 SF manufacturing and warehouse facility; Two‑story front office with reception area, private offices, conference room, and full kitchen; Clear‑span assembly and machine shop areas connect with the office space
