420 Babcock St Melbourne, FL 32901-1214
- Retail space
- 2,276 SF
- 0.17 lot acres
Nov 18, 2021
Current Use by Public Records
- Wings of Grace Ministries, Inc. / Charity
Property Details for 420 Babcock St
- Year built
- 1956
- Construction
- FRAME
- Lot size
- 0.17 lot acres
- Property size
- 2,276 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- 27-37-28-76-00000.0-0286.00
- APU
- 9223372036854775807
Description
This exceptional 2,094 square foot single-tenant commercial building is ideally situated in the heart of Melbourne, Florida, offering a prime location for businesses seeking high visibility and accessibility. The property boasts a versatile open configuration interior, including three private offices, a break area, one restroom, and ample storage. Features include carpet and drop ceilings throughout, city water/sewer, and FPL electric. Benefit from excellent exposure to an estimated 24,500 vehicles per day on Babcock Street. The C1 zoning allows for a variety of uses, including office, retail, medical, and childcare facilities. This building offers adequate parking and is conveniently located approximately halfway between US 192 and Eau Gallie Boulevard, providing easy access to Melbourne International Airport, Downtown Melbourne, Melbourne Square Mall, and numerous shopping, dining, and educational options. Nearby major roadways include US1, NASA Boulevard, and Apollo Boulevard. The monthly rent is $2,500, plus Florida sales tax and utilities
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $125,000
- ML approach
- $145,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $175,000
Market price range: $111k - $377k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6221
- Latitude
- 28.1022
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
