Financial
Distress signals
Property profile

47 W New Haven Ave Melbourne, FL 32901

FOR LEASE
Office buildings
Property ID
US19-0407511
3,762 SF 0.19 ac lot Built 1985
Last sale Aug 2022 · $770,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property contains approximately 1,539 square feet of first-floor office space. The interior layout includes a reception area, three private offices, a conference room, storage space, and two restrooms. The building is situated directly along US 192, providing access to nearby major routes including Interstate 95 and US 1, as well as proximity to local beaches. The location is also near Downtown Melbourne, Melbourne International Airport, Melbourne Square Mall, and Holmes

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?
$10k
Tax billed · 2023
Assessed value$579k
Assessed land$99k
Assessed improvement$480k
Effective rate1.80%

Value estimate

· Sep 2026
$800k
$720k – $880k
AI approach$825k
CAP approach$840k
Submarket $/SF estimate$844k
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$11k
Operating expenses−$15k
NOI · 229,871.79% cap applied$45k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$175/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$136 – $246
Qualifying comparables7

Cap rate analysis

How does the asset earn?
229,871.79%
$45k 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?
RP
The provisions of this district are intended to apply to a transition area between commercial and residential uses. Principal uses and re...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.1
Grocery Store8.8
Carpet & Flooring Store8.8

Location

47 W New Haven Ave Melbourne, FL 32901
County assessor Recorded deeds · 8 transfers 7 qualifying comp sales 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
1331 Hbr City, Melbourne, FL 32901-3208 $717,500 May 2025 2,296 SF
203 Nieman, Melbourne, FL 32901-1252 $460,000 Sep 2024 3,300 SF
1785 Waverly, Melbourne, FL 32901-4641 $1,055,000 Jun 2024 5,738 SF
306 New Hvn, Melbourne, FL 32901-4506 $450,000 Dec 2022 2,597 SF
111 Scott, Melbourne, FL 32901-1262 $750,000 Nov 2022 5,000 SF
1221 New Hvn, Melbourne, FL 32901-7305 $850,000 Aug 2022 6,100 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?”
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