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    249 Babcock St Melbourne, FL 32935-6728
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    Property profile & analytics

    249 Babcock St, Melbourne, FL 32935-6728

    View on Map

    • Strip malls
    • 18,200 SF
    • 1.01 lot acres
    Off-Market
    Property ID
    US18-5900457
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Killer Bees Fitness / Gym & Fitness Center

    Property Details for 249 Babcock St

    Year built
    1959
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.01 lot acres
    Zone code
    C2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    27-37-27-25-0000F.0-0001.00
    APU
    273727250000F0000100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 14, 2017 $665 Steve Badalamenti Tellus LLC Warranty Deed · related —
    Mar 31, 2017 — Seventeen Realty LLC — Deed · related $700k · Florida Busn Bk
    — — Seventeen Realty LLC — Deed Of Trust · related $700k · Florida Busn Bk

    Description

    This exceptional commercial property, located at 249 Babcock Street in Melbourne, Florida (zip code 32935), offers a versatile office space opportunity within a vibrant retail environment. The property is zoned C-2 and situated in Brevard County. The building features a traditional office layout, perfect for a variety of businesses. Currently, there is one available suite ranging from a minimum of 1,389 square feet to a maximum of 2,652 square feet. While the maximum contiguous space is 1,680 square feet, larger requirements may be accommodated through the combination of multiple units. This flexible space allows businesses to tailor their footprint to their specific needs. The property is classified as both retail and office, reflecting its suitability for a diverse range of tenants. The multiple tenancy structure ensures a dynamic and collaborative atmosphere. This location provides excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Melbourne market. Interested parties are encouraged to inquire about lease terms and availability.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,373,000
      Market price range: $1.31M - $3.98M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,490,000
      Current use
      MEDICAL BUILDING
      $2,910,000
      Change: +17% Conversion: Difficult
      RETAIL STORES
      $2,660,000
      Change: +7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6214
    Latitude
    28.1115
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,954
    $204,200
    $1,123,890
    $1,328,090
    -
    $204,200
    $1,123,890
    $1,328,090
    More about this property
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