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    3999 Babcock St Melbourne, FL 32901

    For Sale
    Contact for pricing

    Prime Marcellus Office/Retail Opportunity

    Property size:
    609,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional single-story, 4,608 square foot Class B commercial building, constructed in 2006 and renovated in 2024, presents a unique investment opportunity. Located on Cherry Valley Turnpike (Route 20) in the Town of Marcellus, this property boasts 8.92 acres of land and offers convenient access to both the Village of Skaneateles and the Village of Marcellus (within 5 minutes) and I-81 (within 10 minutes). Currently, there are 2,300 square feet of vacant space available, ideal for retail or office use, with the potential for build-to-suit options ranging from 4,000 to 10,500+ square feet. The building features a 20-foot ceiling height and ample parking with 30 spaces. The property is zoned for Highway Overlay use, making it suitable for a variety of businesses. The landlord is willing to customize the build-out to meet tenant specifications, ensuring a seamless transition and a space perfectly tailored to your needs. This is a rare opportunity to secure a well-maintained, strategically located property in a desirable area. Don't miss out on this chance to establish your business in a thriving community.

    Property Features for 3999 Babcock St

    General Information

    Property type
    Medical offices
    Square Feet
    609,840 SF
    Class
    A
    Lot Size
    609,840 SF

    HighLights

    • Retail and office property totaling 4,608 square feet.
    • 2,300 square feet of vacant space available for lease.
    • 8.92 acres of land.
    • Class B building, constructed in 2006 and renovated in 2024.
    • Single‑story building with 20‑foot ceilings.
    • 30 total parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6212943
    Latitude
    28.0517219

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    FAQs

    What type of property is this?
    Medical office - Prime Marcellus Office/Retail Opportunity
    Where is this medical office located?
    The property is located at 3999 Babcock St Melbourne, FL.
    What are key features of this property?
    This property features: Retail and office property totaling 4,608 square feet.; 2,300 square feet of vacant space available for lease.; 8.92 acres of land.
    Request Owner's contact information
    3999 Babcock St Melbourne, FL 32901
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    Melbourne, FL 32901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3999 Babcock St Melbourne, FL 32901
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