601 Strawbridge Ave Melbourne, FL 32901
- Office buildings
- 2,155 SF
- 0.19 lot acres
Current Use by Public Records
- Downtown Grooming Lounge / Barber Shop
- McCloskey & Associates Wealth Management / Financial Advisor / Financial Consultant
- The Dittmore Agency / Insurance Agency
- Shield Me Insurance / Health Insurance Agency
- McCloskey Financial / Financial Consultant
Property Details for 601 Strawbridge Ave
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.19 lot acres
- Property size
- 2,155 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 28-37-03-FC-00040.0-0016.00
- APU
- 283703FC000400001600
Description
This exceptional 156-square-foot executive office suite is ideally located in Downtown Melbourne. The single-tenant space is situated within a professionally managed building and boasts a welcoming lobby area. A shared bathroom is conveniently located for all tenants. The suite is currently furnished, although furniture removal can be arranged if needed. A microwave and refrigerator are included, providing added convenience. This turnkey solution eliminates the need for upfront capital expenditures beyond rent and a 3% sales tax. The building is meticulously maintained and exceptionally clean, ensuring a professional and comfortable work environment. The property features a single suite within the building, making it an ideal space for a small business or individual professional. The property's APN is 28-37-03-Fc-00040.0-0016.00. The lot size is not specified. This is a fantastic opportunity for a business seeking a well-appointed, immediately available office space in a prime downtown location. No additional investment is required beyond rent and sales tax. The property is classified as both Office and Land, with a Commercial subtype and Single tenancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $250,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $250,000
- Mixed-Use
- $330,000
- Hospitality
- $250,000
- Educational
- $335,000
- Residential Income
- $260,000
- Energy
- $340,000
- Income-Based Land
- $260,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6111
- Latitude
- 28.0792
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA