746 North Dr Melbourne, FL 32934
This exceptional 10,550 square foot flex space in Melbourne's thriving business park offers unparalleled versatility. The property features two suites, divisible to a minimum of 4,600 square feet, or combinable for a contiguous 10,550 square feet. Suite A offers approximately 4,600 square feet, combining roughly 2,400 square feet of office space with 2,200 square feet of warehouse area. Suite B provides approximately 5,950 square feet, with roughly 2,900 square feet of office space and 3,050 square feet of warehouse/integration space. Both suites boast 100% HVAC, and each includes one 14' wide x 12' tall (approx.) and one 14' wide x 10' tall (approx.) grade-level door. Warehouse ceiling heights range from 11'8" to 14' (approx.). The property sits on a 3.35-acre lot and is a single-story Class B building with four drive-in doors. Utilities include city water/sewer, fiber optic capabilities, and robust 3-phase 208Y/120 400A FPL electric service. The M-1 zoning allows for a wide range of uses, including light assembly, electronic assembly, light manufacturing, office space, and warehousing. Estimated operating expenses are $3.25 per square foot. Strategically located near Interstate 95, Ellis Road, and Wickham Road, this property enjoys proximity to major employers such as Melbourne International Airport, L3Harris, Northrop Grumman, and Extant Aerospace. This prime location and flexible space make it an ideal choice for a variety of businesses.
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Royal Bio Tek Corporate Office
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Kona Gold Beverage, Inc Big Box & Wholesale Store Distribution Center
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
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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.