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Property profile & analytics
OFF-MARKET
Day care centers

1995 Nasa Blvd Melbourne, FL 32904-2346

40,464 SF 6.66 ac lot Built 1991
Entity Owned Free & Clear
Property ID
US18-3630232
Property summary
AI-generated overview

This exceptional 36,000-square-foot medical office building in Melbourne, Florida, presents a compelling investment opportunity. Located in Brevard County's central healthcare/tech corridor at 1995 W NASA Blvd, zip code 32904, this single-unit property boasts a desirable NNN lease structure. The asking price is $9,000,000, translating to $250 per square foot. Built in 1991, the building features a 10,000-square-foot Medicare-approved ambulatory surgery center, currently leased through 2027. The remaining space is owner-operated and includes multiple reception and waiting areas, business centers, break rooms, exam rooms, nurses' stations, men's and women's locker rooms, billing, HR, accounting offices, a gym, workshop, storage, and ADA-compliant bathrooms. The property sits on a substantial 6.6-acre lot with ample parking, offering potential for future expansion. The building features a membrane roof and is connected to public sewer. Showings require 24-hour notice. The sale includes both the building and the land

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1991
Construction CONCRETE
Total area 40,464 SF
Lot 6.66 ac (290,110 SF)
Zoning code M1
APN 27-37-31-00-00006.0-0000.00
UPID US18-3630232
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
Current use
Occupant on record · Public records
  • Patricia K. LaFleur, MD (The Eye Institute for Medicine & Surgery - MLB) Ophthalmologist
  • Michael N. Mandese, OD Physician
  • Gary J. Ganiban, MD - Retina Specialist (The Eye Institute for Medicine & Surgery - MLB) Ophthalmologist
  • James N. McManus, M.D. - Cataract Surgeon Ophthalmologist
  • Hetal D. Vaishnav, MD - Retina Specialist (The Eye Institute for Medicine & Surgery - MLB) Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tvg Real Estate Holdings LLC
Tvg Real Estate Holdings LLC
since 2025
Last sale
$6.0M
3 recorded transactions
2025
Price N/A
2025
$6.0M
1969
Price N/A
Zoning & alternative use
M1 · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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