Entity Owned Property summary
This exceptional investment opportunity presents a 4-unit commercial building totaling 4,786 square feet situated on a 26,571.6 square foot lot in the heart of Melbourne, Florida. The property, built in 1989 and renovated in 2017, boasts a Class B designation and features a mix of office and restaurant spaces. Three office units (1,125 SF, 1,243 SF, and 1,126 SF) are configured with reception areas, multiple private offices, and two restrooms each. One unit is currently leased to a… chiropractor until October 31, 2024, while two others will be vacant at closing. A 1,292 square foot restaurant space, with seating for 65 (43 inside, 22 outside), is also available, currently leased until December 31, 2024. Each unit has separate electric and water meters. The restaurant includes an above-ground grease trap and piped underground natural gas. The property offers 24 paved, striped, and lighted parking spaces. Its prime location, just off Sarno Road, provides easy access to US1, Wickham Road, and I-95 via Eau Gallie Boulevard. The building's proximity to the Brevard County Tax Collector and Sheriff's Office adds to its strategic appeal. The asking price is $895,000, representing $187 per square foot and $223,750 per unit. The property is zoned City of Melbourne General Commercial (C-2). This is a rare opportunity to acquire a multi-tenant commercial property with immediate income potential and significant upside.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,898 SF
- Lot area
- 0.61 ac
- Year built
- 1989
- Stories
- 1
- APN
- 27-37-20-00-00757.0-0000.00
- Zoning
- C2
- Assessed value · 2023
- $550,400
- Annual tax · 2023
- $9,364
- Office Building · current use
- Auto Repair, Garage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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