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    2725 Center Pl Melbourne, FL 32940

    For Sale
    $2,890,000

    20,000 SF Office/Warehouse, Prime Location

    Property size:
    20,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20,010-square-foot commercial building presents a compelling investment opportunity in Melbourne, Florida. Situated on a 2.06-acre lot, this two-story Class B property boasts a blend of office and warehouse space, perfectly suited for owner-occupancy or multi-tenant use. The building, constructed in 1986 and significantly renovated in 2016 and 2021, features a 17,960-square-foot net rentable area. The first floor currently houses two tenants occupying 2,550 square feet, leaving ample space for a new owner or tenant. A substantial 3,500-square-foot rear warehouse offers significant potential, complete with two high-bay docks, three 14' x 10' roll-up doors, a 400-square-foot reinforced mezzanine, and approximately 800 square feet of air-conditioned workshop space. The warehouse also benefits from 20-22-foot clear height ceilings and access to a 16,000-square-foot gated storage yard. The second floor, currently occupied by the seller, is available for lease-back or owner-occupancy. Well-appointed common areas include a reception lobby, conference room, break room, and restrooms. The property also includes approximately 55 parking spaces and a 1,350-square-foot fenced patio. The building is zoned IU - Light Industrial, offering flexibility for various business uses. Located in Melbourne's desirable Pineda corridor, this property enjoys convenient access to I-95, US-1, and nearby beaches. The asking price is $2,890,000, translating to $144.43 per square foot.

    Property Features for 2725 Center Pl

    General Information

    Property type
    Flex space
    Square Feet
    20,010 SF
    Class
    B
    Lot Size
    89,734 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    2

    HighLights

    • 20,010‑square‑foot commercial building on a 2.06‑acre lot in Melbourne, Florida.
    • Class B, two‑story building with 17,960 square feet of net rentable area, offering office and warehouse space.
    • Significant renovations in 2016 and 2021.
    • 3,500‑square‑foot warehouse with high‑bay docks, roll‑up doors, mezzanine, and air‑conditioned workshop space.
    • 16,000‑square‑foot gated storage yard and 55 parking spaces.
    • IU (Light Industrial) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    ProChamps Consultant DeSantis Media Marketing Agency DeSantis Digital Works ... Marketing Consultant Property Registration Services Real Estate Consultant Champions Mortgage, LLC Mortgage Broker

    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
    -80.666750763333
    Latitude
    28.192400312467

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    FAQs

    What type of property is this?
    Flex space - 20,000 SF Office/Warehouse, Prime Location
    Where is this flex space located?
    The property is located at 2725 Center Pl Melbourne, FL.
    What is the asking price?
    The asking price for this property is $2,890,000.
    What are key features of this property?
    This property features: 20,010-square-foot commercial building on a 2.06-acre lot in Melbourne, Florida.; Class B, two-story building with 17,960 square feet of net rentable area, offering office and warehouse space.; Significant renovations in 2016 and 2021.
    Request Owner's contact information
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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
    2725 Center Pl Melbourne, FL 32940
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