2065 Rockledge Blvd Rockledge, FL 32955
This exceptional 0.45-acre commercial property in Rockledge, Florida, boasts over 600 feet of frontage on US Highway 1, experiencing a daily traffic count of 28,500 vehicles. The property includes three addresses, supporting three established businesses, two dealership licenses, and one rental license. Recent improvements include two new roofs, freshly painted buildings, new pavement, updated HVAC and ductwork, new lighting along US 1, a new workroom, and updated signage. Some equipment will be included in the sale. A renovated office building features a private office, common area, break room, two private restrooms, and office furniture, all of which will convey. An additional 100 sq ft front office is currently leased for $800/month (below market value), with potential for additional lease income from the repair shop ($1,500-$1,800/month). The property is zoned M2 - Light Industrial and Warehousing, offering versatile usage options. This turnkey operation presents a significant investment opportunity with a proven track record of success. Asking price is $699,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.