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Financial
Distress signals
Property profile

7211 Waelti Dr Melbourne, FL 32940

FOR SALE
Shopping centers
Property ID
US18-8203535
1.64 ac lot
Last sale Mar 2021 · $360,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 14,000-square-foot Class A office building, constructed in 2024, presents a rare opportunity for a single tenant in the thriving Melbourne, Florida market. Located at 7211 Waelti Drive, this property boasts a prime location in the Suntree/Viera submarket, approximately 15 minutes from the ocean. The building features a modern design with three entries, a convenient garage door, and ample parking for 70 vehicles. High ceilings, ranging from 20 to 24 feet, provide a spacious…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$302k
Assessed land$286k
Assessed improvement$16k
Effective rate1.50%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$360k
NOI build-up
Gross scheduled income$302k
Vacancy & credit loss−$48k
Operating expenses−$64k
NOI · 4.88% cap applied$191k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218

Cap rate analysis

How does the asset earn?
4.88%
$191k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.3
Wholesale Shop11.0
Electrical Service10.5

Location

7211 Waelti Dr Melbourne, FL 32940
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6935 Wickham, Melbourne, FL 32940-7519 $2,950,000 Dec 2024 4,784 SF
6365 Wickham, Melbourne, FL 32940-2017 $18,500,000 Apr 2023 9,450 SF
5080 Industry, Melbourne, FL 32940-7112 $2,400,000 Mar 2023 13,591 SF
4865 Wickham Rd, Melbourne, FL 32940-8303 $5,000,000 Oct 2022 14,033 SF
6670 Colonnade, Melbourne, FL 32940-6465 $4,021,100 Jul 2022 7,719 SF
6400 Anderson, Melbourne, FL 32940-7468 $180,000 Dec 2021 No data
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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