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Melbourne Flex Space For Sale

750 North Dr, Melbourne, FL

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For Sale

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9,600 SF flex space with office and warehouse.

Type:INDUSTRIAL

Property size:

9,600 SF

Lot size:

1.31 Acres

Price / SF:

$176/SF

HighLights

9,600 SF Total Space: Featuring 8,000 SF of high‑tech office/engineering space and 1,600 SF warehouse.
M1 Zoning: Ideal for office, light assembly/manufacturing, electronic assembly & more.
Ample Parking: 39 asphalt paved/striped/lighted parking spaces.
100% HVAC and Fiber Connectivity.
Two Generators for Backup Power.
Warehouse Features: Concrete flooring, 10'-14' clear height, and one 10' wide x 9' tall grade level door.

We can help!

Listing Contact

Michael S. Ullian

For Sale

Contact for pricing

9,600 SF flex space with office and warehouse.

Type:INDUSTRIAL

Property size:

9,600 SF

Lot size:

1.31 Acres

Price / SF:

$176/SF

Added:: Apr 17, 2025
Days on Market:: 432
Last Refresh:: May 20 at 10:00 pm

Property Features for 750 North Dr

General Information

Standard status: Active
Size: 9,600 SF
Lot size: 1.31 Acres
Property subtype: INDUSTRIAL

Properties For Sale

at 750 North Dr Contact us

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Listing Contact

Michael S. Ullian

Listing agent Zachary Ullian

Listing office The Ullian Realty Corporation

Listing date Apr 17, 2025

Source Moodyscre

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 The Ullian Realty Corporation

HighLights

9,600 SF Total Space: Featuring 8,000 SF of high‑tech office/engineering space and 1,600 SF warehouse.
M1 Zoning: Ideal for office, light assembly/manufacturing, electronic assembly & more.
Ample Parking: 39 asphalt paved/striped/lighted parking spaces.
100% HVAC and Fiber Connectivity.
Two Generators for Backup Power.
Warehouse Features: Concrete flooring, 10'-14' clear height, and one 10' wide x 9' tall grade level door.

Overview

This 9,600 square foot flex space property features approximately 8,000 square feet of high-tech office/engineering space and a 1,600 square foot warehouse. The office area includes a reception area, hard-wall offices, cubicles, and conference/break rooms. The office space benefits from ample natural light due to numerous windows and features carpet and drop ceilings throughout. The warehouse area has concrete flooring and an estimated clear height of 10 to 14 feet. It is accessible via one 10-foot wide by 9-foot tall grade-level door. The entire property is equipped with HVAC. Utilities include city water/sewer, fiber internet, and 1-phase 120/240v 850 Amps FPL electric. There are 39 asphalt-paved, striped, and lighted parking spaces available. The property also includes two generators. Zoned M1, the property is suitable for office, light assembly/manufacturing, and electronic assembly, among other uses. Remaining FF&E is negotiable.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$207.4k	$21.60
− Vacancy	−$33.2k	−$3.46
EGI	$174.2k	$18.14
− OpEx	−$43.5k	−$4.54
NOI	$130.6k	$13.61

9,600 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.87M

$1.63M – $2.18M (±1% cap)

NOI $130,637 @ 7.0% cap · market cap 7.71%

Second Best

Flex RnD

$1.40M

$1.23M – $1.63M (±1% cap)

NOI $98,018 @ 7.0% cap · market cap 5.78%

Theoretical Best

Office A

$2.53M

$2.22M – $2.95M (±1% cap)

NOI $177,293 @ 7.0% cap · market cap 10.46%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Similar Places Nearby

Boulevard Mini Storage Inc — 4355 Dow Rd STE 6, Melbourne, FL 32934
Orlando Records Storage — 4165 Dow Rd|Melbourne, Melbourne, FL 32934
müv - Space Coast Moving Experts — 4045 Dow Rd Suite 105, Melbourne, FL 32934
North American Moving Services — 280 North Dr #280, Melbourne, FL 32934
Mike Todisco’s Moving — 4160 dow rd #104, melbourne, fl 32934

Location Insight

Map
Local Demand

City: Melbourne
County: Brevard
State: Florida
Longitude: -80.6892
Latitude: 28.119

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For sale
Warehouses
FL
Melbourne
750 North Dr

What type of property is this?

Warehouse - 9,600 SF flex space with office and warehouse.

Where is this warehouse located?

The property is located at 750 North Dr Melbourne, FL.

What is the asking price?

The asking price for this property is $1,695,000.

What are key features of this property?

This property features: 9,600 SF Total Space: Featuring 8,000 SF of high‑tech office/engineering space and 1,600 SF warehouse.; M1 Zoning: Ideal for office, light assembly/manufacturing, electronic assembly & more.; Ample Parking: 39 asphalt paved/striped/lighted parking spaces.

750 North Dr, Melbourne, FL

9,600 SF flex space with office and warehouse.

Property Features for 750 North Dr

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Restaurant Space in Avenue Viera

Established Italian Restaurant Opportunity

Two-Building Office Property with Parking

Updated Medical Office in Melbourne

Mixed-Use Commercial Building with Loading Dock

CBS Retail Building with Highway Access

Established Restaurant in High-Traffic Plaza

Restored Multifamily in Arts District

Melbourne, FL Commercial Property

Small Office Building with Garage

Highway Frontage Retail Opportunity

Duplex Live-Work Property

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