Building Details

Year Built 1984

Tenancy Single

Spaces For Lease

at 631 Washburn Road Contact us

Available Space

Size

6,000 SF

Type

Industrial

Availability

Active

Contact us

Listing Agency: All Way Realty Inc a***@cfl.rr.com Show Phone

Listed By: GISSOU SHAHINFAR · License #537329

Source: Crexi

Added: Mar 18, 2024 Changed: Aug 21 Last Checked: Aug 21 at 7:20AM

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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 All Way Realty Inc

Investment Insights

Based on property information with market context.

This property offers 3,000 sq. ft. of light industrial flex space or warehouse space. It is suitable for an automotive repair or service business, storage units, and other uses.

Key Highlights

• 3,000 sq. ft. of flex‑space/warehouse
• Suitable for automotive repair/service business
• Suitable for storage units

Property Analytics

Property Profile

Current Use

James & Ray's Garage ... Auto Repair Shop Hellraiser Speed Shop Auto Repair Shop Launchpad Services LLC Hardware & Home Improvement S&S Diesel Llc. Auto Repair Shop Space Coast Liquidation ... Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Auto Parts Store Law Firm (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)

Lease Type

$2.52 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

589

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 32934, FL

18,355

Population

7,987

Households

2.3

Avg Household Size

51

Median Age

42%

College-Educated

94%

High-School Grad

22.9 sq mi

ZIP Area

802

Density / Sq Mi

$102,871

Median Household Income

$51,988

Median Earnings

$1,782

Median Rent

$392,300

Median Home Value

Market

Lease Benchmarks for Melbourne, FL

$14.54 /SF/Yr

Avg Asking Price

$9.95–$18.3 /SF/Yr

Price Range

6,912 SF

Avg Space Size

This space is priced 16% above the average of $14.54 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Flex space - 3,000 sq. ft. flex space suitable for various businesses.

Where is this flex space located?

The property is located at 631 Washburn Road Melbourne, FL.

What is the lease rate?

The lease rate is $16.80 SF/Yr.

What are key features of this property?

This property features: 3,000 sq. ft. of flex‑space/warehouse; Suitable for automotive repair/service business; Suitable for storage units