249 Babcock St Melbourne, FL 32935-6728
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.
-
American Killer Bees Fitness Gym & Fitness Center
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public. The types of uses and other restriction are intended to promote adequate protection from conflicts with adjacent residential and other non…
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
C2 · Melbourne, FLThe provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public. The types of uses and other restriction are intended to promote adequate protection from conflicts with adjacent residential and other noncommercial uses, and to minimize the interruption of traffic along adjacent thoroughfares.
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.
