You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

1220 Sarno Rd Melbourne, FL 32935

OFF-MARKET Retail properties & Spaces Google Maps
80,196 SF 7.66 ac lot Built 1989
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This single-story, 80,196 square foot Class B office building, constructed in 1989 and renovated in 2022, offers multiple tenancy options in a vibrant Melbourne, Florida location. The property boasts 21 suites, with available spaces ranging from 1,300 to 2,555 contiguous square feet, and a total of 5,705 square feet currently vacant. Situated on a 7.66-acre lot with ample free parking (500 spaces), the building enjoys a prime beachfront location, yet offers a quiet setting off the main thoroughfare. Building amenities include 24/7 access, on-site signage allowance, and highly competitive lease rates. The property is zoned 32935 in Brevard County and is conveniently located on Sarno Rd, near Sarno Rd, benefiting from high traffic volume (60,000 cars daily). The building is suitable for a variety of uses, including creative, medical, executive, and traditional office spaces, as well as retail and restaurant establishments. The minimum divisible space is 1,300 square feet. Building improvements are allowed.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1989
Total area 80,196 SF
Lot 7.66 ac (333,670 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1220 Sarno Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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