4087 4087 Rockledge, FL 32955
This exceptional 4,800 square foot office building, situated on a 0.53-acre lot at 4087 Highway 1 in Rockledge, Florida, presents a compelling investment opportunity. Constructed in 2004 and thoughtfully renovated in 2020, the property boasts five individual units, providing flexibility for various business needs. Currently, one 1,200 square foot unit (Suite 101) generates a monthly income of $1,500 through a lease agreement. The remaining 3,600 square feet is currently leased on a month-to-month basis, offering immediate occupancy for an owner-user or the potential to continue generating rental income with the existing tenant. The building's meticulous maintenance is evident throughout, ensuring a move-in ready condition. Zoned BU-1 General Retail Commercial, this property benefits from its high-visibility location in the rapidly growing Viera/Rockledge area. This turnkey opportunity combines immediate income with significant potential for future growth, making it an ideal acquisition for both investors and owner-occupiers seeking a strategic foothold in a thriving commercial market. The asking price for this exceptional property is $800,000.
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.