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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2220 Sarno Rd Melbourne, FL 32935

Property ID
Property summary
AI-generated overview

This exceptional 16.65-acre commercial property at 2220 Sarno Road in Melbourne, Florida (APN 273719030000c0000c00), presents a unique investment opportunity. The property features a 14,276 square foot building, currently vacant, previously used as a school. Its versatile layout offers significant potential for redevelopment or repurposing. The expansive, largely open interior allows for flexible configuration, with options to create smaller, independent units to suit various business needs. The seller is open to build-out negotiations and flexible lease terms, making this an attractive proposition for a wide range of commercial ventures. The property's strategic location in the heart of Melbourne provides easy access to Melbourne International Airport, nearby beaches, and Interstate 95, ensuring high visibility and convenient access for customers and employees. This prime location within a thriving business and shopping center makes it an ideal site for a variety of commercial uses. The single-tenant occupancy allows for complete control and customization. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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