Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1027 Pathfinder Way Rockledge, FL 32955
    Property profile & analytics

    1027 Pathfinder Way, Rockledge, FL 32955

    View on Map
    • Office Spaces
    • 5,459 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1027 Pathfinder Way

    Year built
    2008
    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This exceptional 1,600 square foot office space is available for lease at 1027 Pathfinder Way, Rockledge, FL 32955. Located in the Arbor Place area, this property offers convenient access to major roadways including US Highway 1, State Road 520, and Interstate 95. The building, constructed in 2008, boasts a total of 5,459 square feet and is zoned M1. The available space is ideally suited for a medical or creative office tenant, particularly those in the dental field, as it's a second-generation dental suite. The building features multiple tenancies, providing a vibrant and collaborative environment. This prime Rockledge location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a well-established and convenient space. The property's strategic placement between Murrell Road and Eyster Boulevard ensures easy access for clients and employees. This is a rare opportunity to secure a move-in ready space in a thriving area. The 1,600 square foot space is ready for immediate occupancy. Serious inquiries are encouraged to explore this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.7244
    Latitude
    28.3248

    Comparable in this City

    • Value Estimation by Request

      590 Solutions Way

      Medical Office Space
      590 Solutions Way, Rockledge, FL 32955
      View Details
    • Value Estimation by Request

      1910 Rockledge Blvd

      Medical Office Space
      1910 Rockledge Blvd, Rockledge, FL 32955
      View Details
    • Value Estimation by Request
      18.00 Acres

      111 Longwood Ave

      Medical Office Space
      111 Longwood Ave, Rockledge, FL 32955
      View Details
    • Value Estimation by Request
      11,779 SF

      134 Wood Dr

      Medical Office Space
      134 Wood Dr, Rockledge, FL 32955
      View Details
    • Value Estimation by Request
      5,650 SF

      105-107 Longwood Ave

      Medical Office Space
      105-107 Longwood Ave, Rockledge, FL 32955
      View Details
    • Value Estimation by Request

      391 Commerce Pkwy

      Medical Office Space
      391 Commerce Pkwy, Rockledge, FL 32955
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,800 SF

      Functional Office Suite with Warehouse

      Office suite with warehouse bay in Rockledge industrial location.
      1795 Cogswell St, Rockledge, FL 32955
      View Details
    • Contact for pricing
      6,826 SF

      Freestanding Medical Office Building

      Functional medical space in Rockledge, ready for occupancy.
      1099 Florida Ave, Rockledge, FL 32955
      View Details
    • Contact for pricing
      8,946 SF

      Medical Office Building For Sale

      8,946 SF medical office building near Rockledge Regional Medical Center.
      1281 Florida Ave S, Rockledge, FL 32955
      View Details
    • Contact for pricing
      5,650 SF

      Medical Building Near Orlando Health

      5,650 SF medical building across from Wuesthoff Hospital.
      105-107 Longwood Ave, Rockledge, FL 32955
      View Details
    • Contact for pricing
      8,946 SF

      Medical Office Building For Sale

      8,946 SqFt medical office building near Rockledge Regional Medical Center.
      1281 Florida Ave, Rockledge, FL 32955
      View Details
    • $549,999
      2,370 SF

      Renovated Commercial Property in Rockledge

      Fully renovated commercial building with two units in Rockledge, FL.
      833 Barton Blvd, Rockledge, FL 32955
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Medical/Office Space on Rockledge Boulevard

      Grey shell space with prime frontage and high traffic count.
      2060 Rockledge Blvd, Rockledge, FL 32955
      View Details
    • Contact for pricing

      Rockledge Warehouse with Office Space

      4,950 SF warehouse with office in Rockledge's industrial corridor.
      525 Gus Hipp Blvd, Rockledge, FL 32955
      View Details
    • Contact for pricing
      16,000 SF

      Rockledge Office Space for Rent

      Tech-ready office suite with furnishings available for immediate occupancy.
      4050 Riomar Dr, Rockledge, FL 32955
      View Details
    • $17 SF/Yr

      Office Space on Murrell Road

      Office suites available near Viera and Rockledge, Florida.
      389 Commerce Pkwy, Rockledge, FL 32955
      View Details
    • Contact for pricing
      24,360 SF

      High-Bay Warehouse with Office Space

      24,360 SF warehouse with offices available for sublease.
      350 Gus Hipp Blvd, Rockledge, FL 32955
      View Details
    • $1,250 /Mo
      7,680 SF

      Rockledge Office Space For Rent

      Office space available for lease in Rockledge, Florida.
      406 Richard Rd, Rockledge, FL 32955
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1027 Pathfinder Way
    Rockledge, FL 32955
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1027 Pathfinder Way, Rockledge, FL, 32955
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!