Property profile

1040 Aurora Rd Melbourne, FL 32935

OFF-MARKET
Retail space
Property ID
US18-2978942
6,000 SF 0.37 ac lot Built 1979
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction FRAME
Total area 6,000 SF
Lot 0.37 ac (16,117 SF)
Zoning code M1
APN 27-37-16-25-00000.0-0013.02
UPID US18-2978942

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1040 Aurora Rd Melbourne, FL 32935-5911
Melbourne metro Census 64302 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$464k
Blend (final) Blend
$245k

Owner & transaction history

since 2026
Last sale
$646,500
2 recorded transactions
2026
$646,500
2018
$190,000

Zoning & alternative use

M1 · Melbourne, FL
Zoning description

The provisions of this district are intended to apply to an area located in close proximity to rail, air or major roadway facilities and which can serve intensive commercial uses and light manufacturing, warehousing, dis…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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