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Financial
Distress signals
Property profile

1291 Lake Washington Rd 2 Melbourne, FL 32935

FOR SALE
Truck terminals
Property ID
US18-5922998
10,498 SF 1.88 ac lot Built 2005
Last sale Jun 2026 · $1,971,400
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a 3,704-square-foot car wash constructed in 2006 using concrete block construction. It is located at 1291 and 1301 Lake Washington Road in Melbourne, Florida (Brevard County), an area on Florida’s Space Coast along the Atlantic side of the state. The site is positioned approximately halfway between Miami and Jacksonville, and is about an hour’s drive east of Orlando. It is located near Melbourne International Airport, Interstate 95, and the Downtown Eau Gallie Arts…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.15M
Assessed land$332k
Assessed improvement$819k
Effective rate1.52%

Value estimate

· Oct 2026
$1.08M
$968k – $1.18M
Submarket $/SF estimate$950k
NOI build-up
Gross scheduled income$123k
Vacancy & credit loss−$4k
Operating expenses−$36k
NOI · 1,810.70% cap applied$84k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$65 – $178
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,810.70%
$84k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
M1
The provisions of this district are intended to apply to an area located in close proximity to rail, air or major roadway facilities and ...
General categoryINDUSTRIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office27.4
Restaurant25.4
Law Firm23.1

Location

1291 Lake Washington Rd, Unit 2 Melbourne, FL 32935
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales Zoning catalog

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2624 Aurora, Melbourne, FL 32935-2879 $10,500,000 Nov 2022 15,200 SF
2851 Electronics, Melbourne, FL 32935-2101 $2,193,000 Oct 2022 17,468 SF
1745 Aurora, Melbourne, FL 32935-4153 $425,000 Oct 2020 6,250 SF
880 Mcclendon, Melbourne, FL 32935-7679 $375,000 Jan 2020 7,000 SF
900 Sarno, Melbourne, FL 32935-5006 $302,500 Dec 2018 7,164 SF
2683 Aurora, Melbourne, FL 32935-2854 $570,000 Nov 2018 6,083 SF
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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