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Financial
Distress signals
Property profile

4070 S Babcock St Melbourne, FL 32901

FOR LEASE
Medical Office Space
Property ID
US18-7116125
1.04 ac lot
Last sale Aug 2007 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,930 square foot, single-story office building in Melbourne, Brevard County, offers three available suites ranging from 1,502 to 5,504 contiguous square feet. Built in 2023, this Class B property sits on a 1.04-acre lot and is zoned C1, providing ample opportunity for various businesses. The building features a total of four suites, with 5,504 square feet currently vacant, offering significant flexibility for tenants. The shell space allows for customization to meet…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$219k
Assessed land$219k
Effective rate2.12%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$6k
Operating expenses−$8k
NOI · 105,078.26% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
Submarket average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$96 – $212

Cap rate analysis

How does the asset earn?
105,078.26%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
The provisions of this district are intended to apply to an area adjacent to arterial and major collector streets and convenient to major...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.6
Building Supply27.6
Restaurant24.1

Location

4070 S Babcock St Melbourne, FL 32901
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1614 Apollo, Melbourne, FL 32901-4408 $1,150,000 Jul 2025 4,500 SF
950 Apollo, Melbourne, FL 32901-1932 $1,900,000 Jun 2025 5,302 SF
665 Apollo Blvd, Melbourne, FL 32901-1485 $2,640,000 Apr 2025 No data
1305 Hickory, Melbourne, FL 32901-3223 $1,840,000 Jan 2025 4,538 SF
109 Silver Palm, Melbourne, FL 32901-3125 $1,450,000 Sep 2024 7,307 SF
1801 Hibiscus, Melbourne, FL 32901-2622 $1,422,900 May 2024 6,376 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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