1995 Nasa Blvd Melbourne, FL 32904-2346
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
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Patricia K. LaFleur, MD (The Eye Institute for Medicine & Surgery - MLB) Ophthalmologist
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Michael N. Mandese, OD Physician
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Gary J. Ganiban, MD - Retina Specialist (The Eye Institute for Medicine & Surgery - MLB) Ophthalmologist
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James N. McManus, M.D. - Cataract Surgeon Ophthalmologist
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Hetal D. Vaishnav, MD - Retina Specialist (The Eye Institute for Medicine & Surgery - MLB) Ophthalmologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Melbourne, FLMelbourne. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.