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    4070 Babcock St Melbourne, FL 32901

    For Lease
    $23 SF/Yr ($15,199 /Mo)

    New Construction, Flexible Suites, Ample Parking

    Lot size:
    7,930 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,930 square foot, single-story office building in Melbourne, Brevard County, offers three available suites ranging from 1,502 to 5,504 contiguous square feet. Built in 2023, this Class B property sits on a 1.04-acre lot and is zoned C1, providing ample opportunity for various businesses. The building features a total of four suites, with 5,504 square feet currently vacant, offering significant flexibility for tenants. The shell space allows for customization to meet specific business needs. Convenient on-site parking is available for tenants and their clients. This prime location on busy Babcock Street ensures high visibility and accessibility. The property's APN is 28-37-16-00-772. Ideal for medical or traditional office uses, this building presents a rare opportunity to secure modern, adaptable space in a thriving area. Don't miss this chance to establish your business in a newly constructed, well-located building.

    Property Features for 4070 Babcock St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,930 SF
    Class
    B
    Total Rate
    15199.17

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    102
    Size
    1,776 SF
    Rate per SF
    $23
    Space
    101
    Size
    1,776 SF
    Rate per SF
    $23
    Space
    103
    Size
    1,502 SF
    Rate per SF
    $23

    HighLights

    • 7,930 SF medical/traditional office building in Melbourne, FL.
    • Multiple suites available, ranging from 1,502 SF to 5,504 SF contiguous.
    • 5,504 SF of vacant space currently available.
    • New construction (2023), Class B building on a 1.04‑acre lot.
    • Located on busy Babcock Street with on‑site parking.
    • Shell space adaptable to tenant specifications.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Babcock Dental Center ... Dentist

    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
    -80.622254
    Latitude
    28.047498

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    FAQs

    What type of property is this?
    Medical office - New Construction, Flexible Suites, Ample Parking
    Where is this medical office located?
    The property is located at 4070 Babcock St Melbourne, FL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 7,930 SF medical/traditional office building in Melbourne, FL.; Multiple suites available, ranging from 1,502 SF to 5,504 SF contiguous.; 5,504 SF of vacant space currently available.
    Request Owner's contact information
    4070 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
    4070 Babcock St Melbourne, FL 32901
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