Property profile

5131 Industry Dr Melbourne, FL 32940

OFF-MARKET
Warehouses
26,820 SF 3.29 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to lease a 2,400 square foot flex space, ideally suited for R&D or engineering firms, situated in the desirable Suntree Viera area of Melbourne, Florida. This single-tenant warehouse boasts an estimated 1,296 square feet of office space and 1,104 square feet of lab/integration/warehouse space. The office area features a reception area, two private offices, a conference room, a break room, and two restrooms. The warehouse area includes an epoxy floor and approximately 10-12 foot clear height. Access is provided by one 12' wide x 8' tall grade-level door. The unit is fully climate-controlled with 100% HVAC. Utilities include city water and sewer, and 120/240 1-phase FPL electric service. The property is strategically located off Pineda Causeway, providing easy access to Interstate 95, US1, and area beaches. Nearby employers include Patrick Space Force Base, AAR, and Holy Trinity Episcopal Academy. This Class A property, part of a larger two-building complex on a 3.29-acre lot, offers a total of 26,820 square feet of building space. The property is zoned for Brevard County Light Industrial (IU) use. This is an excellent opportunity to establish your business in a thriving and convenient location. Don't miss out on this chance to secure your ideal workspace.

Property profile

Verified
Property type Warehouses
Total area 26,820 SF
Lot 3.29 ac (143,312 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Tech Support Center IT Consulting Firm
  • Dental Office
  • Factory Production Facility
  • Business Service Center

Location

5131 Industry Dr Melbourne, FL 32940
Melbourne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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