746 North Dr Melbourne, FL 32934
This 4,600-square-foot single-tenant industrial warehouse in Melbourne, Florida, offers a unique blend of office and warehouse space, perfect for high-tech or engineering businesses. The property boasts approximately 2,400 square feet of climate-controlled office space featuring carpet and drop ceilings, seamlessly integrated with a 2,200-square-foot warehouse area. The warehouse features concrete flooring and ceiling heights ranging from approximately 11 feet 8 inches to 14 feet. Access is convenient with two grade-level doors—one measuring 14 feet wide by 12 feet tall, and the other 14 feet wide by 10 feet tall. Utilities include city water and sewer, fiber optic connectivity, and robust 3-phase 208Y/120 400A FPL electric service. Situated on a 3.35-acre lot (APN: 27-36-23-76-0000b.0-000a.03), this property is zoned for Light Industrial use, allowing for a variety of applications including light assembly, electronic assembly, light manufacturing, office space, and warehousing. Its strategic location provides easy access to Interstate 95, Ellis Road, and Wickham Road, placing it within close proximity to major employers such as Melbourne International Airport, L3Harris, and Northrop Grumman. This exceptional property presents a compelling opportunity for businesses seeking a modern, functional, and well-located space to thrive.
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Royal Bio Tek Corporate Office
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Kona Gold Beverage, Inc Big Box & Wholesale Store Distribution Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.