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    2255 Avocado Ave Melbourne, FL 32935

    For Lease
    $102,000

    Prime 2.3-acre fenced industrial lot.

    Lot size:
    100,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.3-acre industrial property, located at 2255 Avocado Avenue in Melbourne, Florida, presents a unique investment opportunity. Zoned M2, this fully improved site boasts paved surfaces and secure fencing, ideal for various outdoor storage applications. Built in 1963, the property offers significant advantages due to its strategic location. Situated just west of US-1 and less than six miles from Interstate 95, it provides unparalleled access to major transportation arteries, making it perfect for businesses requiring convenient access to regional and national distribution networks. The property's ample space is suitable for heavy equipment storage, last-mile van parking, or other outdoor storage needs. The parcel number is 27-37-09-00-526. Currently, one space is available for lease within this multiple-tenancy property. This offering represents a rare chance to acquire a well-maintained, strategically located industrial site in a thriving area of Melbourne. The property's existing infrastructure minimizes upfront capital expenditures, allowing for immediate occupancy and operational efficiency. Its versatility makes it an attractive option for a wide range of businesses seeking secure and accessible outdoor storage solutions.

    Property Features for 2255 Avocado Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,188 SF
    Total Rate
    102000

    Building Details

    Year Built
    1963

    Unit(s) available at that property

    Space
    Outside Storage
    Size
    100,188 SF
    Rate per SF
    $102,000

    HighLights

    • 2.3‑acre industrial flex property in Melbourne, FL.
    • Single available space.
    • Located near US‑1 and I‑95.
    • Fenced, paved, and fully improved.
    • Suitable for heavy equipment storage, last‑mile van parking, and other outdoor storage uses.
    • Built in 1963.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RecNation RV & Boat ... Rv Storage Facility

    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
    -80.636735055685
    Latitude
    28.143719488255

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    FAQs

    What type of property is this?
    Flex space - Prime 2.3-acre fenced industrial lot.
    Where is this flex space located?
    The property is located at 2255 Avocado Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $102,000.
    What are key features of this property?
    This property features: 2.3-acre industrial flex property in Melbourne, FL.; Single available space.; Located near US-1 and I-95.
    Request Owner's contact information
    2255 Avocado Ave 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
    2255 Avocado Ave Melbourne, FL 32935
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