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    Property profile & analytics

    2100 New Hvn Ave West Melbourne, FL 32904-3864

    • Office buildings
    • 5,376 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US18-6108822
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Audibel Hearing Care Centers / Hearing Aid Repair Service / Hearing Aid Store
    • Phillip Kribbs / Audiologist

    Property Details for 2100 New Hvn Ave

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.48 lot acres
    Property size
    5,376 SF
    Zone code
    CP
    Property type
    Office buildings
    APN
    28-37-06-08-0000A.0-0024.00
    APU
    283706080000A0002400

    Description

    This exceptional redevelopment opportunity encompasses a two-building office complex situated on a substantial 20,908.8 square foot lot at 2100 W New Haven Avenue, West Melbourne, FL 32904. The property, built in 1986, consists of five units spread across two, two-story buildings. Its strategic location offers unparalleled access to high traffic volume, boasting over 37,000 vehicles daily. This prime location is directly adjacent to a major power center in the Melbourne area, featuring national tenants such as Best Buy, Ross, PetSmart, and Barnes & Noble. The property's proximity to Melbourne Square Regional Mall further enhances its desirability. The surrounding area is characterized by significant residential growth and a robust economy, creating a strong foundation for future development. The offering also includes the adjacent property at 110 Bry-Lynn Drive, expanding the overall potential of this investment. This presents a unique chance to acquire a well-positioned asset with significant upside in a thriving Florida market. The asking price for this compelling redevelopment project is $1,290,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $430,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $470,000
      Mixed-Use
      $375,000
      Hospitality
      $390,000
      Educational
      $420,000
      Residential Income
      $485,000
      Energy
      $380,000
      Income-Based Land
      $390,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6559
    Latitude
    28.0792
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,196
    $250,420
    $287,900
    $538,320
    -
    $250,420
    $287,900
    $538,320

    Comparable in this City

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      475 John Rodes Blvd

      OFFICE BUILDING • 9,760 SF
      475 John Rodes Blvd, Melbourne, FL 32904-1093
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      8,569 SF

      3453 New Hvn Ave

      OFFICE BUILDING • 8,569 SF
      3453 New Hvn Ave, Melbourne, FL 32904-3539
      View Details
    • Value Estimation by Request
      1,800 SF

      7608 Silver Sands Rd

      OFFICE BUILDING • 1,800 SF
      7608 Silver Sands Rd, West Melbourne, FL 32904-1128
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    • Value Estimation
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      1,862 SF

      3960 Minton Rd

      OFFICE BUILDING • 1,862 SF
      3960 Minton Rd, Melbourne, FL 32904-9558
      View Details
    • Value Estimation
      $395,000
      2,364 SF

      555 Hammock Rd

      OFFICE BUILDING • 2,364 SF
      555 Hammock Rd, Melbourne Village, FL 32904-2500
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $27 SF/Yr
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    • $22 SF/Yr
      542 SF

      Prime Office Space, US 192

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    • Contact for pricing
      350,000 SF

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      Prime Brevard County Office Space
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      View Details
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    2100 New Hvn Ave
    West Melbourne, FL 32904-3864
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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
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