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Wood-Frame Office Building
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5160 N US Highway 1, Melbourne, FL 32940

A 1,400 SF wood-frame office building on a 1.49-acre parcel with municipal water and sewer service available.

Property Size1,400 SF
Lot Size1.49 Acres
Days on Market125

Property Features for 5160 N US Highway 1

General Information

Standard status Active
Size 1,400 SF
Lot size 1.49 Acres
Property subtype Office
Zoning C2

Site & Location

Traffic Count 42,330 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Year Built 1992
Construction wood-frame
Listing Agency: Dreyer & Associates Real Estate Group
Listed By: Michael Dreyer · License #150185
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 11:57AM

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 Dreyer & Associates Real Estate Group

Investment Insights

Based on property information with market context.

Situated on a 1.49-acre, rectangle-shaped parcel, the property includes a 1,400 SF wood-frame office building with an enamel roof constructed in 1992.

The site is positioned on the west side of US Highway 1, a busy Brevard County thoroughfare, with reported traffic of 42,330 vehicles. The parcel description notes proximity to the 404/Pineda Causeway area, along with nearby Harris and Eastern Florida State College - Melbourne Campus, and retailers along Wickham Road.

Zoned C2 – General Commercial (City of Palm Shores), the listing states the zoning supports uses such as wholesale retail, retail services and sales, educational institutions, hotel/motel, and motor or mobile home sales and rentals. South Central Sewer and Melbourne Water service are available.

Key Highlights

  • 1.49‑acre commercial parcel on US Highway 1 in Brevard County
  • 1400 SF wood‑frame office building with enamel roof, constructed in 1992
  • C2 - General Commercial zoning (City of Palm Shores) with permitted uses including retail, educational institutions, and hotel/motel

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Real Estate Agency (Bike/Boat/Book/etc) Store Building Supply Veterinary Clinic

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

42,330 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - A 1,400 SF wood-frame office building on a 1.49-acre parcel with municipal water and sewer service available.
Where is this office building located?
The property is located at 5160 N US Highway 1 Melbourne, FL.
What are key features of this property?
This property features: 1.49‑acre commercial parcel on US Highway 1 in Brevard County; 1400 SF wood‑frame office building with enamel roof, constructed in 1992; C2 - General Commercial zoning (City of Palm Shores) with permitted uses including retail, educational institutions, and hotel/motel
(321) 508-6422 Call to check price and availability
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