245 East Dr Melbourne, FL 32904
This exceptional 12,000-square-foot property in Melbourne, Florida, presents a unique opportunity for businesses seeking versatile space. Located at 245 East Dr, 32904, this single-story building, constructed in 1984, seamlessly blends warehouse and traditional office functionality, offering a flexible solution for various needs. The property is zoned LI and sits on a generous 1.86 acres of land, providing ample room for expansion or outdoor operations. The building features a single structure with multiple tenancies, currently offering one available suite of 3,000 square feet. Each suite includes two restrooms and one overhead door, ensuring convenient access and operational efficiency. The property boasts 3-phase power, a significant advantage for businesses requiring substantial electrical capacity. Ample parking is available with 78 spaces provided. The building is fully air-conditioned, creating a comfortable and productive work environment. This prime location within Melbourne's industrial submarket offers excellent accessibility and visibility, making it an ideal choice for a variety of businesses. The property's combination of warehouse and office space, along with its generous land area and parking, makes it a highly desirable asset.
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Newman Kitchen & Bath General Contractor
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Aviation Inspection & Services Education Home Inspector
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Apex Aerospace (USA) LLC Freight Service Logistics Company
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
Similar Nearby for Sale
Similar Nearby for Lease
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.