Financial
Distress signals
Property profile

7351 Office Park Pl Melbourne, FL 32940

FOR SALE
Office buildings
Property ID
US18-5078279
11,396 SF 0.28 ac lot Built 2001
Last sale Dec 2021 · $2,495,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A single-tenant office building in Corporate Park Viera in Viera, Florida, with approximately 10,849 square feet of space (listing also states 10,902 square feet) on a 0.28-acre lot. The interior is arranged for corporate office use and includes a lobby, 19 private offices, three conference rooms, and open work areas suitable for cubicle and collaborative workspace configurations. The building has multiple restrooms and an equipped kitchen facility. On-site parking surrounds the building, and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$2.11M
Assessed land$545k
Assessed improvement$1.56M
Effective rate1.49%

Value estimate

· Sep 2026
$2.45M
$2.21M – $2.70M
AI approach$3.39M
CAP approach$2.55M
Submarket $/SF estimate$2.26M
NOI build-up
Gross scheduled income$234k
Vacancy & credit loss−$37k
Operating expenses−$49k
NOI · 3.83% cap applied$148k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$263/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$190 – $369

Cap rate analysis

How does the asset earn?
3.83%
$148k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BU-1
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply23.6
Wholesale Shop22.8
Hair Salon17.5

Location

7351 Office Park Pl Melbourne, FL 32940
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5005 Wickham Rd, Melbourne, FL 32940-7190 $2,030,000 Jan 2024 6,210 SF
7370 Cabot Ct Ste 103a, Melbourne, FL 32940-8263 $15,375,000 May 2022 9,524 SF
14 Suntree, Melbourne, FL 32940-2624 $1,570,000 Oct 2020 12,232 SF
3 Suntree, Melbourne, FL 32940-7606 $1,000,000 Mar 2020 9,109 SF
7215 Waelti, Melbourne, FL 32940-7513 $875,000 Mar 2020 6,635 SF
8265 Wickham, Melbourne, FL 32940-6460 $1,275,000 Jun 2019 6,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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