Concrete Block Storefront
For Sale
$999,990
Pending
6490 Highway 1, Rockledge, FL 32955
Commercial Sale, Rockledge, FL
Property Size3,400 SF
Lot Size0.66 Acres
Days on Market49
Property Features for 6490 Highway 1
General Information
Property type
Residential
Property subtype
Retail
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Lot features
Corner Lot
Directions
From I-95 take Exit 191 (Wickham Rd) or Exit 195 (Fiske Blvd) east to US Highway 1. Head north on US Hwy 1 past Viera Blvd to 6490 S US Highway 1 on the west side of Highway 1.
Subdivision
218 - Suntree S of Wickham
Standard status
Pending
APN
26-36-13-De-00002.0-0001.00
Size
3,400 SF
Lot size
0.66 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
PINEDA LOT 1 & PT OF LOT 5 BLK 2 & LOTS 3, 4, 6 BLK 3 W OF HWY R/W & ALL OF VAC 2ND ST THEREOF AS DES IN ORB 2217 PG 2121
Tax Annual Amount
7382
Legal Description
PINEDA LOT 1 & PT OF LOT 5 BLK 2 & LOTS 3, 4, 6 BLK 3 W OF HWY R/W & ALL OF VAC 2ND ST THEREOF AS DES IN ORB 2217 PG 2121
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
1983
Number of units
2
Building materials
Block
Listing Agency:
Waterman Real Estate Inc.
(321) 244-7653
Listed By:
Esteban Jose Romero · License #3508106
(321) 290-9093
Added: Sep 18
Changed: Oct 26
Last Checked: Nov 5 at 5:06AM
MLS# 1087963
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This storefront property includes 3,400 SF under air and 3,840 gross SF within a solid concrete block building constructed in 1983. The 0.66-acre site provides a paved asphalt parking lot and dual curb cuts. An in-place tenant is currently operating at the property.
Located on US Highway 1 in Rockledge, the property carries BU-1 General Retail Commercial zoning. The stated zoning supports retail, office, showroom, medical, contractor flex, and service business uses. Public water and a septic tank serve the property, which also includes two bathrooms.
Located on US Highway 1 in Rockledge, the property carries BU-1 General Retail Commercial zoning. The stated zoning supports retail, office, showroom, medical, contractor flex, and service business uses. Public water and a septic tank serve the property, which also includes two bathrooms.
Key Highlights
- 3,400 SF under air and 3,840 gross SF
- 0.66‑acre commercial site on US Highway 1
- BU‑1 General Retail Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,199
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,980
$784.0K
Cap Rate 7%
$559,986
$560.0K
Cap Rate 9%
$435,544
$435.5K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$61.2K $18.00/SF
− Vacancy
−$5.2K −$1.53/SF
EGI
$56.0K $16.47/SF
− OpEx
−$16.8K −$4.94/SF
NOI
$39.2K $11.53/SF
Area
Brevard County, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,980
Cap Rate 7%
$559,986
Cap Rate 9%
$435,544
Alternative Uses
Best Use
Retail
$560.0K
$490.0K – $653.3K
NOI $39,199 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$897.0K
$784.9K – $1.05M
NOI $62,791 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
7-Eleven
Shops & Services
11,925 visits/mo
0.3 miles
Dunkin' Donuts
Dining
6,951 visits/mo
0.3 miles
Marathon
Shops & Services
5,454 visits/mo
0.3 miles
Public Storage
Shops & Services
1,421 visits/mo
0.3 miles
Maaco
Shops & Services
458 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail-zoned commercial property with an existing tenant, paved parking, and two curb cuts along a major US corridor.
Where is this storefront property located?
The property is located at 6490 Highway 1 Rockledge, FL.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: 3,400 SF under air and 3,840 gross SF; 0.66‑acre commercial site on US Highway 1; BU‑1 General Retail Commercial zoning
