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Industrial Distribution Building
For Lease
$15 SF/Yr

650 Azalea Ave, Merritt Island, FL 32952

Industrial building offering storage and distribution use with cold-storage potential.

Space Size9,284 SF
Days on Market94

Property Features for 650 Azalea Ave

General Information

Standard status Active
Size 9,284 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 9,284 SF
Year Built 1969

Spaces For Lease

at 650 Azalea Ave
650 $15/SF/Yr
Size 9,284 SF
Term Negotiable
Contact us
Listing Agency: Lightle Beckner Robison Inc
Listed By: Luke Brown · License #FL #SL3569606
Source: Teamlbr
Added: Jul 16 Changed: Oct 4 Last Checked: Oct 16 at 8:11AM

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

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Investment Insights

Based on property information with market context.

650 Azalea Ave is an industrial distribution building totaling 9,284 SF, offered for sale or lease. The property is positioned as a storage and distribution option with cold storage suitability, supporting users with cold-storage needs.

The building is located on the North end of Brevard County at 650 Azalea Ave, Merritt Island, FL 32952, and is described in the offering materials as potentially relevant for “port related users.”

Key Highlights

  • 9,284 SF industrial building built in 1969
  • Ideal for storage and distribution uses, including cold storage
  • Available for sale or lease

Property Analytics

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Current Use

M B Seafood ... Specialty Food Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby

Demographics for 32952, FL

20,670
Population
10,108
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
96%
High-School Grad
12.3 sq mi
ZIP Area
1,680
Density / Sq Mi
$98,651
Median Household Income
$53,478
Median Earnings
$1,353
Median Rent
$404,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Industrial building offering storage and distribution use with cold-storage potential.
Where is this refrigerated & cold storage located?
The property is located at 650 Azalea Ave Merritt Island, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 9,284 SF industrial building built in 1969; Ideal for storage and distribution uses, including cold storage; Available for sale or lease
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