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Clear-Span Warehouse Building
For Lease
$11.50 SF/Yr

480 Distribution Dr, Melbourne, FL 32904

Two-tenant warehouse property with grade-level loading, restroom access, and recently refreshed interior finishes.

Space Size5,000 SF
Days on Market57

Property Features for 480 Distribution Dr

General Information

Standard status Active
Size 5,000 SF
Total Parking Spaces 6
Property subtype Industrial
Lease Term $2.50/sf NNN

Warehouse & Industrial

Clear Height 18 ft
Clear Span Yes
Drive-In Doors 2
Three-Phase Power Yes

Additional Details

Space Use Warehouse
Highway Access Yes

Building Details

Building Size 5,000 SF
Year Built 2006
Tenancy Multi

Spaces For Lease

at 480 Distribution Dr
480 $11.50/SF/Yr
Size 5,000 SF
Term Negotiable
Contact us
Listing Agency: Lightle Beckner Robison Inc
Listed By: Luke Brown · License #FL #SL3569606
Source: Teamlbr
Added: Aug 12 Changed: Oct 5 Last Checked: Oct 5 at 5:44PM

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.

Located at 480 Distribution Dr in Melbourne, this 5,000-square-foot warehouse property is configured for two tenants and includes clear-span space, a restroom, and grade-level loading. The building provides two 14' x 14' bay doors, 18' minimum clear heights, and six parking spaces for day-to-day operations.

The property sits roughly one mile from Interstate 95, providing access to a major regional transportation corridor. Recent interior work includes new restroom flooring and fresh paint throughout the warehouse areas.

Key Highlights

  • 5,000‑square‑foot two‑tenant warehouse building
  • Clear‑span warehouse space with 18' minimum clear heights
  • Two 14' x 14' grade‑level bay doors

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Dental Office Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
2
Drive-in doors
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Melbourne, FL

$13.95 /SF/Yr
Avg Asking Price
$2.19–$22.65 /SF/Yr
Price Range
12,644 SF
Avg Space Size

This space is priced 18% below the average of $13.95 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Coleman American Moving Services, Inc. — 4317 Fortune Pl, Melbourne, FL 32904
  • Allied Van Lines — 4317 Fortune Pl b, Melbourne, FL 32904
  • Adams Distribution & Storage — 7715 Progress Cir, Melbourne, FL 32904
  • The A/C Storage Place — 600 S Wickham Rd, Melbourne, FL 32904
  • Florida Warehousing and Storage — 7825 Ellis Rd unit b, Melbourne, FL 32904

Frequently Asked Questions

What type of property is this?
Warehouse - Two-tenant warehouse property with grade-level loading, restroom access, and recently refreshed interior finishes.
Where is this warehouse located?
The property is located at 480 Distribution Dr Melbourne, FL.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: 5,000‑square‑foot two‑tenant warehouse building; Clear‑span warehouse space with 18' minimum clear heights; Two 14' x 14' grade‑level bay doors
More about this property
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