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Financial
Distress signals
Property profile

598 Washburn Rd Melbourne, FL 32934

FOR LEASE
Warehouses
Property ID
US18-8194464
1 ac lot Built 2001
Last sale Oct 2025 · $460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
598 Washburn Rd, Melbourne, FL 32934 For Lease
$7,000/Mo
598 Washburn Rd, Melbourne, FL 32934
View Listing

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?
$3k
Tax billed · 2023
Assessed value$145k
Assessed land$135k
Assessed improvement$10k
Effective rate1.90%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$129/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$92 – $200

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Office14.3
Tailor Shop9.5
Parking Facility9.5

Location

598 Washburn Rd Melbourne, FL 32934
County assessor Recorded deeds · 9 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4165 Dow Rd, Melbourne, FL 32934-9257 $7,200,000 Dec 2025 25,760 SF
3120 Skwy, Melbourne, FL 32934-7389 $2,800,000 Sep 2024 28,000 SF
3161 Skwy Cir, Melbourne, FL 32934-7334 $4,696,000 Sep 2024 No data
4000 Dow Rd, Melbourne, FL 32934-9276 $580,000 Aug 2024 1,200 SF
4000 Digital Lgt, Melbourne, FL 32934-9249 $6,750,000 Jun 2024 24,714 SF
3980 Dow, Melbourne, FL 32934-9215 $2,000,000 May 2024 8,400 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?”
More about this property
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