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Property profile & analytics
OFF-MARKET
Warehouses

746 North Dr Melbourne, FL 32934

Property ID
Property summary
AI-generated overview

This exceptional 10,550-square-foot industrial property in Melbourne, Florida, presents a unique opportunity for businesses seeking high-quality flex space. The single-tenant warehouse boasts approximately 5,300 square feet of office space and 5,250 square feet of warehouse/integration space, perfectly suited for high-tech, engineering, or light manufacturing operations. The office area features 100% HVAC, carpet, and drop ceilings, providing a comfortable and professional work environment. The warehouse area offers ceiling heights ranging from approximately 11'8" to 14', accommodating various storage and operational needs. Access is convenient with four grade-level doors (two 14' wide x 12' tall and two 14' wide x 10' tall). The property sits on a 3.35-acre lot and is conveniently located near Interstate 95, Ellis Road, and Wickham Road, ensuring easy access for employees and transportation of goods. Utilities include city water/sewer, fiber optic connectivity, and robust 3-phase 208Y/120 400A FPL electric service. Zoned for light industrial use, permitted activities include light assembly, electronic assembly, light manufacturing, office space, and warehousing. The property's strategic location near Melbourne International Airport, L3Harris, and Northrop Grumman makes it an ideal location for businesses seeking proximity to major employers and transportation hubs. This is a ready-to-occupy space, perfect for a company looking to establish or expand its operations in a thriving area. The property's APN is 27-36-23-76-0000b.0-000a.03. The address is 746 North Drive, Melbourne, FL 32934.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Royal Bio Tek Corporate Office
  • Kona Gold Beverage, Inc Big Box & Wholesale Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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