1735 Hibiscus Blvd Melbourne, FL 32901
- Office buildings
- 18,163 SF
- 2.96 lot acres
Current Use by Public Records
- Hard Money Lenders Melbourne FL / Mortgage Lender
- Michael S. Lawley, M TAX, CPA / Tax Consultant / Certified Public Accountant
- Henderson Sam / General Practice Attorney
- Henderson & Futchko, P.A. / Personal Injury Attorney / Divorce Lawyer
- Small Business Lender Melbourne FL / Business Broker
Property Details for 1735 Hibiscus Blvd
- Year built
- 2000
- Construction
- CONCRETE
- Lot size
- 2.96 lot acres
- Property size
- 18,163 SF
- Zone code
- CC2
- Property type
- Office buildings
- APN
- 28-37-05-00-00258.0-0000.00
- APU
- 9223372036854775807
Description
This exceptional Class B office building, situated in Melbourne's vibrant business district at 1735 W Hibiscus Blvd, presents a unique leasing opportunity. Boasting 5,987 square feet of adaptable space on the third floor, this property offers a private lobby and elevator access, ensuring both privacy and convenience. Built in 2000, the 17,000 square foot building features a total of six suites across three stories, with ample parking to accommodate larger firms. The space is highly functional, including over 15 private offices, multiple conference rooms, a fully equipped kitchenette, and ADA-compliant restrooms. A tenant improvement allowance is available for cosmetic updates, allowing customization to perfectly suit your business needs. The lease rate is $21 per square foot, NNN. This location offers unparalleled access to a variety of dining, shopping, and entertainment options, providing a desirable work-life balance. The property sits on a 1.5-acre lot and is zoned GC, providing flexibility for various business uses. The building is equipped with 220-volt power. This is an exceptional opportunity to secure a prominent location in Brevard County's thriving commercial center. Don't miss this chance to establish your business in this dynamic and convenient environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,105,000
- 6.5%
- $3,300,000
- 7%
- $2,820,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,640,000
- Geo Method
- $2,945,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,165,000
- Retail
- $2,885,000
- Mixed-Use
- $3,435,000
- Hospitality
- $2,880,000
- Educational
- $2,535,000
- Residential Income
- $3,510,000
- Energy
- $2,630,000
- Income-Based Land
- $3,275,000
- Food Service
- $2,635,000
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6461
- Latitude
- 28.0849
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
