Financial
Distress signals
Property profile

480 Distribution Dr Melbourne, FL 32904

FOR LEASE
Truck terminals
Property ID
US18-6994479
5,000 SF 0.68 ac lot Built 2006
Last sale Apr 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$270k
Assessed land$48k
Assessed improvement$223k
Effective rate1.72%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 299,573.91% cap applied$34k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$96/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$56 – $127
Qualifying comparables5

Cap rate analysis

How does the asset earn?
299,573.91%
$34k 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?
M1
The provisions of this district are intended to apply to an area located in close proximity to rail, air or major roadway facilities and ...
General categoryINDUSTRIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.2
Law Firm9.8
Convenience Store9.6

Location

480 Distribution Dr Melbourne, FL 32904
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
365 Stan, Melbourne, FL 32904-1090 $675,000 Oct 2024 6,000 SF
6929 Vickie, West Melbourne, FL 32904-2270 $480,000 Apr 2024 6,000 SF
345 Stan Dr, Melbourne, FL 32904-1085 $178,400 Jan 2024 6,000 SF
370 Stan, Melbourne, FL 32904-1094 $865,000 Sep 2023 5,600 SF
6951 Idlewylde, Melbourne, FL 32904-2237 $692,000 Jul 2022 5,390 SF
7612 Ellis, West Melbourne, FL 32904-1125 $1,200,000 May 2022 5,540 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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