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    1550 Old Colonial Way Melbourne, FL 32935-5718
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    Property profile & analytics

    1550 Old Colonial Way, Melbourne, FL 32935-5718

    View on Map

    • Auto shops
    • 2,000 SF
    • 0.45 lot acres
    Off-Market
    Property ID
    US18-4677291
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Autobahn Service & Restoration / Auto Repair Shop

    Property Details for 1550 Old Colonial Way

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Zone code
    CC1
    Property type
    Auto shops
    APN
    27-37-05-03-0000F.0-0011.00
    APU
    273705030000F0001100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 27, 2025 $400,000 Pkmag LLC Eric Paul Arrindell Warranty Deed —

    Description

    This exceptional 2,000-square-foot industrial warehouse, located at 1550 Old Colonial Way in Melbourne, Florida (32935), presents a compelling investment opportunity. Built in 1973, this metal building boasts an 18-foot ceiling height, providing ample vertical space for various uses. The property sits on a 0.45-acre lot and features three bay doors, enhancing accessibility and functionality. Its strategic location offers convenient access, situated centrally between the Pineda Causeway and the 192 Causeway, with frontage on US 1. Currently utilized as an automotive shop, the building is in good condition and equipped with city utilities. The property is being sold as-is, with the building only available for purchase. Note that the property is currently rented on a month-to-month basis. The annual property taxes are approximately $2,604. The parcel ID is 27-37-05-03-F-11. Construction details include an enamel steel exterior wall, a metal frame, and an enamel metal roof supported by a bar joist rigid roof structure. This property offers significant potential for a variety of businesses seeking a well-located, functional warehouse space.


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    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6458
    Latitude
    28.168
    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
    $2,712
    $106,450
    $32,590
    $139,040
    -
    $106,450
    $32,590
    $139,040
    More about this property
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