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Property profile & analytics
FOR LEASE
Medical Office Space

4070 S Babcock St Melbourne, FL 32901

1.04 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-7116125
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 specific business needs. Convenient on-site parking is available for tenants and their clients. This prime location on busy Babcock Street ensures high visibility and accessibility. The property's APN is 28-37-16-00-772. Ideal for medical or traditional office uses, this building presents a rare opportunity to secure modern, adaptable space in a thriving area. Don't miss this chance to establish your business in a newly constructed, well-located building.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 1.04 ac (45,302 SF)
Zoning code C1
APN 28-37-16-00-00772.0-0000.00
UPID US18-7116125
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Babcock Dental Center LLC Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Southern Q Properties LLC · 1 yrs held
Southern Q Properties LLC
since 2025
5 recorded transactions
2025
Price N/A
2007
$300,000
2005
$200,000
2000
$140,000
1969
Price N/A
Zoning & alternative use
C1 · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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