Renovated Medical Office
6470 Us-1, Rockledge, FL 32955
For Sale
Contact for pricing
The interior includes private offices, examination rooms, reception space, and a dedicated waiting area.
Property Size1,800 SF
Price / SF$2.58
Days on Market17
Property Features for 6470 Us-1
General Information
Standard status
Size
Total Parking Spaces
Site & Location
Highway Access
Road Access
Additional Details
Condition
Property Use
Listing Agency:
Harber Realty, Inc.
Listed By:
Timothy L Harber
(321) 960-4679
Source:
Startbrevardsearch
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 5:17AM
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 Harber Realty, Inc.
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Investment Insights
Based on property information with market context.
This 1,800 SF medical and professional office suite in Rockledge has a recently updated interior with private offices, examination rooms, reception and waiting areas. Improvements include a new roof, A/C condenser, insulation, fresh paint, and luxury vinyl flooring. The layout is ready for tenant customization.
The property fronts US Highway 1, with prominent monument signage and views of the Indian River. Traffic on the corridor is reported at 39,000 AADT. The site provides 13 on-site parking spaces.
The property fronts US Highway 1, with prominent monument signage and views of the Indian River. Traffic on the corridor is reported at 39,000 AADT. The site provides 13 on-site parking spaces.
Key Highlights
- 1,800 SF medical and professional office space
- US Highway 1 frontage and monument signage
- 39,000 AADT on the highway corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,592
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,840
$491.8K
Cap Rate 7%
$351,314
$351.3K
Cap Rate 9%
$273,244
$273.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$35.6K $19.80/SF
− Vacancy
−$2.9K −$1.58/SF
EGI
$32.8K $18.22/SF
− OpEx
−$8.2K −$4.55/SF
NOI
$24.6K $13.66/SF
Area
Brevard County, FL
Vacancy
8.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,840
Cap Rate 7%
$351,314
Cap Rate 9%
$273,244
Alternative Uses
Best Use
Healthcare Medical
$365.5K
$319.8K – $426.4K
NOI $25,583 @ 7.0% cap · market cap 550.17%
Second Best
Office B
$351.3K
$307.4K – $409.9K
NOI $24,592 @ 7.0% cap · market cap 528.86%
Theoretical Best
Office A
$524.9K
$459.3K – $612.4K
NOI $36,742 @ 7.0% cap · market cap 790.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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
$327,000
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Brevard County, FL
Properties on Market for Medical Office Space in Brevard County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The interior includes private offices, examination rooms, reception space, and a dedicated waiting area.
Where is this medical office space located?
The property is located at 6470 Us-1 Rockledge, FL.
What are key features of this property?
This property features: 1,800 SF medical and professional office space; US Highway 1 frontage and monument signage; 39,000 AADT on the highway corridor
