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Financial
Distress signals
Property profile

2308 Babcock 2308 St Melbourne, FL 32901

OFF-MARKET
Office Spaces
0.12 ac lot Built 1952
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Property summary

AI-generated overview

This exceptional commercial property, situated at 2308 S Babcock Street in Melbourne, Florida, presents a compelling investment opportunity. Boasting a highly desirable location with direct access to Babcock Street and convenient proximity to US-192, this 0.12-acre lot offers unparalleled accessibility. Currently leased to a tenant until September 2026, providing immediate income potential, the building is zoned C1A, allowing for a variety of commercial uses including retail, office, or light…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.5
Carpet & Flooring Store9.2
Daycare Center9.1

Location

2308 Babcock 2308 St Melbourne, FL 32901
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
621 Palmetto, Melbourne, FL 32901-4723 $335,000 Dec 2025 952 SF
2004 Grant, Melbourne, FL 32901-5407 $360,000 Jul 2025 853 SF
1614 Apollo, Melbourne, FL 32901-4408 $1,150,000 Jul 2025 4,500 SF
950 Apollo, Melbourne, FL 32901-1932 $1,900,000 Jun 2025 5,302 SF
1775 Hibiscus, Melbourne, FL 32901-2620 $3,125,000 May 2025 36,924 SF
129 Hibiscus Blvd, Melbourne, FL 32901-3029 $2,450,000 May 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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