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    478 Babcock St Melbourne, FL 32935

    For Lease
    $30 SF/Yr

    Modern Office, High Visibility, Ample Parking

    Lot size:
    1,381 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,381 square foot office suite is situated in a completely renovated building at 478 N Babcock Street. The single-tenant space boasts a contemporary design, featuring an open floor plan that maximizes natural light, creating a bright and productive work environment. Ideal for a range of professional uses, this property is perfectly suited for medical offices, consulting firms, creative studios, or tech startups seeking a prominent location. Its prime position in a high-traffic area ensures excellent visibility and accessibility for clients and employees alike. The property sits on a 0.51-acre lot and offers ample on-site parking, a significant advantage in a busy commercial area. The building's modern amenities contribute to a comfortable and efficient workspace. The property's convenient location offers easy access to nearby amenities, making it an attractive option for businesses seeking a strategic and well-equipped office space. The suite's versatile layout allows for customization to meet specific business needs. This is a rare opportunity to secure a well-appointed office in a desirable location. The Assessor's Parcel Number (APN) is 27-37-21-00-00768.0-0000.00.

    Property Features for 478 Babcock St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,381 SF

    Unit(s) available at that property

    Space
    101118
    Size
    1,381 SF
    Rate per SF
    $30

    HighLights

    • 1,381 square foot single‑tenant office suite.
    • Located in a fully updated building with modern amenities.
    • High‑traffic area with excellent visibility and ample parking.
    • Suitable for various professional uses, including medical, consulting, creative, and tech businesses.
    • 0.51‑acre lot, APN 27‑37‑21‑00‑00768.0‑0000.00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Diossa Spa Waxing Hair Removal Service Fleet Clean Systems, ... Pressure Washing Service Michael McGarrigle Inc Insurance Broker Positive Behavioral Solutions Mental Health Service Therapilatics Pilates Studio

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -80.6235875
    Latitude
    28.1149414

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office, High Visibility, Ample Parking
    Where is this office property / space located?
    The property is located at 478 Babcock St Melbourne, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 1,381 square foot single-tenant office suite.; Located in a fully updated building with modern amenities.; High-traffic area with excellent visibility and ample parking.
    Request Owner's contact information
    478 Babcock St Melbourne, FL 32935
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    Melbourne, FL 32935
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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
    478 Babcock St Melbourne, FL 32935
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