Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

1478 Aurora Rd Melbourne, FL 32935-5382

  • Strip malls
  • 4,140 SF
  • 0.34 lot acres
OFF-MARKET
Value Estimation
$260,000
Location Intelligence
Property ID
US18-6160116
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

  • Novello's barbershop / Barber Shop

Property Details for 1478 Aurora Rd

Year built
1982
Construction
STEEL FRAME
Lot size
0.34 lot acres
Property size
4,140 SF
Zone code
C1
Property type
Strip malls
Property subtype
Neighborhood centers
APN
27-37-17-00-00769.0-0000.00
APU
9223372036854775807

Description

This exceptional retail property, located at 1478 Aurora Rd in Melbourne, Florida, presents a fantastic opportunity for businesses seeking high visibility and convenient access to a thriving commercial hub. The single-story building, constructed in 1982, offers a total of 4,140 square feet, with 750 square feet currently available for lease. The spacious, open layout of the vacant unit is ideal for a variety of retail uses, such as a salon or smaller retail establishment. The property sits on a substantial 34 acres of land and is zoned C1, providing flexibility for potential future development. Its strategic location on Aurora Road ensures excellent visibility to high traffic volume, maximizing exposure for any tenant. The property benefits from its proximity to Melbourne International Airport and major employers like Northrop Grumman and L3 Harris, guaranteeing a strong customer base. Furthermore, its location near Wickham Road, a prominent retail corridor in Brevard County, provides easy access to a diverse range of retail and dining options, enhancing the overall appeal and convenience for both businesses and customers. The property's Brevard County location (APN: 27-37-17-00-769) offers a dynamic and growing market for businesses seeking a strategic location in a vibrant commercial district. This is a rare opportunity to secure a prime retail space in a high-traffic area with excellent access to major transportation routes and a strong local economy.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $260,000
  • CAP approach

    CAP return
    Estimation
    6%
    $235,000
    6.5%
    $230,000
    7%
    $245,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $260,000
    Geo Method
    $280,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $220,000
    Retail
    $205,000
    Mixed-Use
    $265,000
    Hospitality
    $270,000
    Educational
    $265,000
    Residential Income
    $220,000
    Energy
    $215,000
    Income-Based Land
    $255,000
    Food Service
    $235,000

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6441
Latitude
28.1352
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
$5,238
$82,500
$210,320
$292,820
-
$82,500
$210,320
$292,820
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message