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    115 Hickory St Melbourne, FL 32904

    Sponsored
    For Lease
    $27 SF/Yr

    542 sq ft, Single Tenant Office

    Lot size:
    542 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 542-square-foot office space is ideally situated on the first floor of a two-story building at 115 Hickory Street. The property boasts a convenient single-tenant occupancy, eliminating the complexities of shared spaces. The unit includes one bathroom, adding to its functionality and privacy. Building amenities include an elevator, ensuring easy access for all occupants. Located on a 0.46-acre lot, the building's address (APN 28-36-01-04-0000a.1-0000.00) provides easy identification. This prime location offers unparalleled convenience, with immediate access to US 192, placing tenants within minutes of major transportation arteries including I-95, US1, and HWY A1A, as well as Melbourne International Airport. The rental rate includes water, trash, sewer, and common area maintenance, minimizing operational expenses for the tenant. This all-inclusive package makes this office space an attractive and cost-effective option for businesses seeking a strategic location and streamlined operations. The single-suite building ensures a quiet and private work environment. This property presents a unique opportunity for a business seeking a well-maintained, conveniently located, and cost-effective office space.

    Property Features for 115 Hickory St

    General Information

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

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    105
    Size
    542 SF
    Rate per SF
    $27

    HighLights

    • Office property totaling 542 square feet.
    • Single‑tenant occupancy.
    • Located on a 0.46‑acre lot.
    • Two‑story building with elevator access.
    • Includes water, trash, sewer, and CAM in rent.
    • Prime location near US 192, I‑95, US1, HWY A1A, and Melbourne International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Florida Life Realty Real Estate Agency Lynda Smith-Rippolone PA, ... Real Estate Agent Armada US Inc Holding Company The CEC Group Construction Company Khali Kitchen Restaurant

    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
    -80.6771268
    Latitude
    28.079603

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    FAQs

    What type of property is this?
    Office Property / Space - 542 sq ft, Single Tenant Office
    Where is this office property / space located?
    The property is located at 115 Hickory St Melbourne, FL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Office property totaling 542 square feet.; Single-tenant occupancy.; Located on a 0.46-acre lot.
    Request Owner's contact information
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    Melbourne, FL 32904
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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
    115 Hickory St Melbourne, FL 32904
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