Property profile

1995 Nasa Blvd Melbourne, FL 32904

OFF-MARKET
Day care centers
Property ID
US18-3630232
40,464 SF 6.66 ac lot Built 1991
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Physician
  • Ophthalmologist
  • Ophthalmologist
  • Ophthalmologist

Location

1995 Nasa Blvd Melbourne, FL 32904-2346
Melbourne metro Census 64601 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

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
Zoning description

The provisions of this district are intended to apply to an area located in close proximity to rail, air or major roadway facilities and which can serve intensive commercial uses and light manufacturing, warehousing, dis…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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