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    1671 Cypress Ave Melbourne, FL 32935

    For Lease
    $17 SF/Yr

    Spacious warehouse, ideal for distribution.

    Lot size:
    2,419 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,419 square foot warehouse at 1671 Cypress Avenue in Melbourne, Florida, presents a unique investment opportunity. Situated on a 0.2-acre lot, this single-tenant industrial property boasts excellent curb appeal and a highly functional layout, making it suitable for a variety of commercial uses. The property's strategic location offers significant visibility and accessibility, enhancing its appeal for businesses seeking a prominent presence in the Melbourne market. The warehouse's design provides ample space for storage, distribution, or other operational needs. The property's address is 1671 Cypress Avenue, Melbourne, FL 32935, and its APN is 27-37-16-25-00046.0-0006.00. This single-tenant building offers a flexible space that can be adapted to suit diverse business requirements, combining functionality with a desirable location. The property's size and layout make it an attractive option for companies seeking to optimize their operations and enhance their brand visibility. This is a rare opportunity to acquire a well-positioned industrial property in a thriving Florida market.

    Property Features for 1671 Cypress Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,419 SF

    Unit(s) available at that property

    Space
    Size
    2,419 SF
    Rate per SF
    $17

    HighLights

    • 2,419 SF warehouse on a 0.2‑acre lot in Melbourne, FL.
    • Excellent curb appeal and functional layout suitable for various commercial uses.
    • High visibility and accessibility in a prime Melbourne location.
    • Ample space for storage and distribution.
    • Address: 1671 Cypress Avenue, Melbourne, FL 32935; APN: 27‑37‑16‑25‑00046.0‑0006.00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6334318
    Latitude
    28.1341821

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal for distribution.
    Where is this distribution property located?
    The property is located at 1671 Cypress Ave Melbourne, FL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 2,419 SF warehouse on a 0.2-acre lot in Melbourne, FL.; Excellent curb appeal and functional layout suitable for various commercial uses.; High visibility and accessibility in a prime Melbourne location.
    Request Owner's contact information
    1671 Cypress 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
    1671 Cypress Ave Melbourne, FL 32935
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