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    631 Washburn Rd Melbourne, FL 32934

    Sponsored
    For Lease
    $18 SF/Yr

    Single-tenant industrial warehouse in Melbourne, FL.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,000-square-foot industrial warehouse, located at 631 Washburn Road in Melbourne, Florida, presents a fantastic opportunity for a variety of businesses. Situated on a spacious 2.01-acre lot, this single-tenant property offers ample space and flexibility. The building is zoned M1, providing versatility for various industrial uses. The property features approximately 2,000 square feet of light industrial flex-space, ideal for businesses such as automotive repair, service businesses, or storage units. The remaining square footage provides additional warehouse space. The property's address is 631 Washburn Road, Melbourne, FL 32934, with its precise location identified by latitude 28.116366 and longitude -80.6861857. The property's parcel number (APN) is 27-36-24-50-00000.0-0012.00. This warehouse offers a unique blend of functionality and location, making it an attractive investment opportunity. The single-suite building provides a streamlined and efficient operational environment. Serious inquiries are encouraged to explore the potential of this versatile industrial space. This property is ready for immediate occupancy.

    Property Features for 631 Washburn Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Unit(s) available at that property

    Space
    112
    Size
    3,000 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    James & Ray's Garage ... Truck Repair Shop Hellraiser Speed Shop Auto Repair Shop Launchpad Services LLC Air Conditioning Contractor S&S Diesel Llc. Mechanic Space Coast Liquidation ... Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.6861857
    Latitude
    28.116366

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    FAQs

    What type of property is this?
    Distribution property - Single-tenant industrial warehouse in Melbourne, FL.
    Where is this distribution property located?
    The property is located at 631 Washburn Rd Melbourne, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    631 Washburn Rd Melbourne, FL 32934
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    Melbourne, FL 32934
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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
    631 Washburn Rd Melbourne, FL 32934
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