Property summary
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
VerifiedCap rate & NOI
Current use
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Ophthalmologist
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Physician
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Ophthalmologist
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Ophthalmologist
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Ophthalmologist
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M1 · Melbourne, FLThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Melbourne, FL.
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