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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Medical Office Space

1281 Florida S Ave Rockledge, FL 32955-2439

11,076 SF 1.1 ac lot Built 1991
Individually Owned Absentee Owner Free & Clear
Property ID
US18-2846288
Property summary
AI-generated overview

This exceptional 8,946 square foot medical office building, situated on a 1.1-acre lot in Rockledge, Florida, presents a unique investment opportunity. The single-story, Class B building, constructed in 1991, features a total of 8,946 square feet, with 6,000 square feet currently vacant. The property is zoned C2 and boasts ample parking. The building is comprised of multiple tenancies, with one immediately available space of 3,000 square feet. This space is ideal for medical practices, offering pre-existing features such as restrooms and treatment rooms (Units 3 & 4). The building's location on US-1, just 1.4 miles from State Road 520, ensures high visibility and convenient access for patients and staff. The available space offers a fantastic chance to establish or expand a medical practice in a thriving area. The property's size and layout provide flexibility for various medical specialties. This is a rare opportunity to acquire a well-located medical office building with significant potential for growth and return on investment. The address is 1281 Florida Ave, Rockledge, FL 32955.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction WOOD
Total area 11,076 SF
Lot 1.1 ac (47,916 SF)
Zoning code C2
APN 25-36-04-00-00018.0-0000.00
UPID US18-2846288
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.10M
Owner & transaction history
JAMES W ANTOON
JAMES W ANTOON
Zoning & alternative use
C2 · Rockledge, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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