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    1944 Aurora Rd Melbourne, FL 32935

    For Lease
    $44 SF/Yr

    Half-acre lot, 7 offices, ideal business location

    Lot size:
    1,612 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.46-acre commercial land parcel at 1944 Aurora Road, Melbourne, FL 32935, presents a unique investment opportunity. The property boasts a 1,612 square foot building featuring seven offices, perfect for a variety of businesses. The building includes two suites and a fully equipped kitchen, offering convenience and functionality. Previously used as a car lot, the ample space is well-suited for similar ventures or adaptable to other commercial uses. The property's zoning, BU2, allows for a wide range of licensed businesses. Its prime location on a main road in Melbourne ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a thriving commercial space. The APN is 27-37-17-30-0000a.0-0018.00. This single-tenant property offers a turnkey solution for businesses looking to establish or expand their operations in a dynamic and desirable area of Melbourne, Florida. The existing building has been remodeled, offering a modern and functional workspace. Don't miss this chance to secure a prominent commercial location with significant potential.

    Property Features for 1944 Aurora Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,612 SF

    Unit(s) available at that property

    Space
    Size
    1,612 SF
    Rate per SF
    $44

    HighLights

    • 0.46‑acre commercial land parcel at 1944 Aurora Road, Melbourne, FL 32935.
    • 1,612 square foot building with seven offices and a fully equipped kitchen.
    • Previously used as a car lot, suitable for similar uses or adaptable to other commercial ventures.
    • BU2 zoning allows for a wide range of licensed businesses.
    • Prime location on a main road in Melbourne offers high visibility and accessibility.
    • APN: 27‑37‑17‑30‑0000a.0‑0018.00.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fast Track Auto Car Dealer EuroMaxAutomotive Auto Repair Shop Eagle Tires Usa Shopping Mall Select Auto - Melbourne Car Dealer AutoMax of Brevard Used Car Dealer

    Suggested Use

    Realty agency Restaurant 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
    -80.6530567
    Latitude
    28.1362705

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    FAQs

    What type of property is this?
    Land - Half-acre lot, 7 offices, ideal business location
    Where is this land located?
    The property is located at 1944 Aurora Rd Melbourne, FL.
    What is the lease rate?
    The lease rate is $44 SF/Yr.
    What are key features of this property?
    This property features: 0.46-acre commercial land parcel at 1944 Aurora Road, Melbourne, FL 32935.; 1,612 square foot building with seven offices and a fully equipped kitchen.; Previously used as a car lot, suitable for similar uses or adaptable to other commercial ventures.
    Request Owner's contact information
    1944 Aurora Rd Melbourne, FL 32935
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    1944 Aurora Rd
    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
    1944 Aurora Rd Melbourne, FL 32935
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