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478 Babcock St Melbourne, FL 32935

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Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1,381 square foot office suite is situated in a completely renovated building at 478 N Babcock Street. The single-tenant space boasts a contemporary design, featuring an open floor plan that maximizes natural light, creating a bright and productive work environment. Ideal for a range of professional uses, this property is perfectly suited for medical offices, consulting firms, creative studios, or tech startups seeking a prominent location. Its prime position in a high-traffic area ensures excellent visibility and accessibility for clients and employees alike. The property sits on a 0.51-acre lot and offers ample on-site parking, a significant advantage in a busy commercial area. The building's modern amenities contribute to a comfortable and efficient workspace. The property's convenient location offers easy access to nearby amenities, making it an attractive option for businesses seeking a strategic and well-equipped office space. The suite's versatile layout allows for customization to meet specific business needs. This is a rare opportunity to secure a well-appointed office in a desirable location. The Assessor's Parcel Number (APN) is 27-37-21-00-00768.0-0000.00.

Property profile

Verified
Property type Office Spaces

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
  • Spa & Massage Center Skin Care Clinic
  • Landscaping General Contractor
  • Insurance Agency
  • Crisis Center Medical Clinic
  • Gym & Fitness Center

Value estimations

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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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