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    772 Washburn Rd Melbourne, FL 32934

    • Truck terminals
    • 7,200 SF
    • 1.00 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    $625,000
    Last Sale
    Sep 15, 2023
    $750,000
    Location Intelligence
    Property ID
    US18-2853828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • All Fire & Safety Equipment Of Melbourne / Fire Protection Equipment Supplier
    • Passport Holsters / Sports Accessories Wholesaler
    • AllStar Printing / Commercial Printer / Graphic Designer
    • T&C Auto Spa / Car Detailing Service / Window Tinting Service
    • Central Florida Printing and Graphics / Print Shop

    Property Details for 772 Washburn Rd

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    7,200 SF
    Zone code
    M1
    Property type
    Truck terminals
    APN
    27-36-24-50-00000.0-0024.00
    APU
    9223372036854775807

    Description

    This exceptional 7,200 square foot flex space in Melbourne, Florida presents a fantastic leasing opportunity. Situated on one acre of land, this Class B property boasts 15 individual suites, ideal for various storage needs. Built in 1984 and extensively renovated in 2023, the building features a new roof and is exceptionally well-maintained. Tenants benefit from convenient paved driveway access, ten drive-in bays, and ample electrical, lighting, and fans within each unit. The property is fully fenced for enhanced security. The available space includes single and double bay door units, catering to diverse storage requirements. Beyond the main building, additional trailer, RV, or boat parking is available for lease in the rear of the property. The property's location in Melbourne, near the airport, offers unparalleled convenience and accessibility. The APN is 27-36-24-50-*-24, and the property is located in Brevard County. This single-story building offers a unique blend of functionality and convenience, making it an ideal choice for businesses and individuals seeking flexible storage solutions.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $575,000

    • CAP approach

      CAP return
      Estimation
      6%
      $705,000
      6.5%
      $770,000
      7%
      $730,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $840,000
      Geo Method
      $805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $780,000
      Retail
      $580,000
      Mixed-Use
      $740,000
      Hospitality
      $620,000
      Educational
      $750,000
      Residential Income
      $590,000
      Energy
      $750,000
      Income-Based Land
      $630,000
      Food Service
      $785,000

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6872
    Latitude
    28.119
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,988
    $135,540
    $289,020
    $424,560
    -
    $135,540
    $289,020
    $424,560

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      3111 Skwy Cir Ste, Unit 110

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      600 Nn Dr

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      280 Nn Drb

      TRUCK TERMINAL (MOTOR FREIGHT) • 41,600 SF
      280 Nn Drb, Melbourne, FL 32934-9204
      View Details
    • Value Estimation
      $2,790,000
      28,000 SF

      3120 Skwy Cir

      TRUCK TERMINAL (MOTOR FREIGHT) • 28,000 SF
      3120 Skwy Cir, Melbourne, FL 32934-7389
      View Details

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    772 Washburn Rd
    Melbourne, FL 32934
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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