Flex Industrial Space with Roll-Up
For Sale
Contact for pricing
716 Columbus Avenue, Melbourne, FL 32901
Adaptable industrial facility with office support, multiple loading points, and on-site parking for operational flexibility.
Property Size14,050 SF
Price / SF$1.00
Days on Market48
Property Features for 716 Columbus Avenue
General Information
Standard status
Active
Size
14,050 SF
Total Parking Spaces
12
Amenities
dedicated office area
two restrooms
three roll-up doors
Listing Agency:
Waterman Real Estate Inc.
(321) 244-7653
Listed By:
Meili Viera Porter · License #3215665
(321) 848-7344
Source:
Startbrevardsearch
Added: Sep 4
Changed: Oct 19
Last Checked: Oct 20 at 8:15PM
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 Waterman Real Estate Inc.
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Investment Insights
Based on property information with market context.
This 14,050 SF flex space is configured as an industrial warehouse with a dedicated office area and two restrooms. The building includes three roll-up doors for loading and access: two measuring 10' x 12' and one measuring 12' x 14'. The interior offers room for equipment, inventory, workshop functions, storage, and other industrial operations.
Located at 716 Columbus Avenue in Melbourne, the property also provides 12 parking spaces. Its combination of warehouse volume, office support, restroom facilities, and multiple loading doors creates a practical layout for businesses requiring both operational and administrative areas.
Located at 716 Columbus Avenue in Melbourne, the property also provides 12 parking spaces. Its combination of warehouse volume, office support, restroom facilities, and multiple loading doors creates a practical layout for businesses requiring both operational and administrative areas.
Key Highlights
- 14,050 SF flex space with industrial warehouse configuration
- Three roll‑up doors: two 10' x 12' and one 12' x 14'
- Dedicated office area and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,860
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,200
$1.7M
Cap Rate 7%
$1,226,571
$1.2M
Cap Rate 9%
$954,000
$954.0K
Market Conditions
NOI Build-Up for 14,050 SF
Gross rent
$126.5K $9.00/SF
− Vacancy
−$3.8K −$0.27/SF
EGI
$122.7K $8.73/SF
− OpEx
−$36.8K −$2.62/SF
NOI
$85.9K $6.11/SF
Area
Brevard County, FL
Vacancy
3.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,200
Cap Rate 7%
$1,226,571
Cap Rate 9%
$954,000
Alternative Uses
Best Use
Flex RnD
$2.05M
$1.79M – $2.39M
NOI $143,453 @ 7.0% cap · market cap 1,021.02%
Second Best
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,806 @ 7.0% cap · market cap 689.01%
Theoretical Best
Office A
$3.71M
$3.24M – $4.32M
NOI $259,475 @ 7.0% cap · market cap 1,846.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,757
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32901, FL
26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Soul Sushi 9 (Food Truck) — Melbourne, FL 32901
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable industrial facility with office support, multiple loading points, and on-site parking for operational flexibility.
Where is this flex space located?
The property is located at 716 Columbus Avenue Melbourne, FL.
What are key features of this property?
This property features: 14,050 SF flex space with industrial warehouse configuration; Three roll‑up doors: two 10' x 12' and one 12' x 14'; Dedicated office area and two restrooms
