600 Strawbridge Ave Melbourne, FL 32901
- Office buildings
- 3,125 SF
- 0.42 lot acres
Current Use by Public Records
- Caring Connections Inc / Psychologist
- Better Parenting Institute, Inc / Psychologist
- Ann L Riebe PA / Psychologist
- Valavanis Financial / Financial Advisor / Financial Planner
- Seniors Only Financial / Financial Planner
Property Details for 600 Strawbridge Ave
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.42 lot acres
- Property size
- 3,125 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 28-37-03-01-00039.0-0011.00
- APU
- 9223372036854775807
Description
This exceptional 200-square-foot retail space, located in Acclaim Court, presents a unique opportunity for a single tenant. Situated on a 0.42-acre lot, this single-story building boasts a desirable C3 zoning classification. The property features one large rectangular office suite (16'7" x 11'8"), perfect for a professional seeking a move-in ready space. Rent includes all CAM expenses, high-speed Spectrum internet, taxes, building insurance, maintenance, janitorial services, electricity, water, sewer, trash pickup, and a security system – a true gross lease. Tenants enjoy 24/7 access to a spacious lobby, kitchen, bathrooms, and conference room. The building is exceptionally well-maintained, featuring a strong concrete structure with zero hurricane damage since 1999, and benefits from 17 parking spaces and attractive landscaping. Free marquis sign space is available for enhanced visibility. The professional atmosphere is further enhanced by existing tenants, including attorneys and financial advisors, indicating a stable and desirable location. The average tenant occupancy exceeds 10 years, highlighting the property's appeal and long-term value. This is an all-inclusive opportunity for a professional seeking a convenient and fully-equipped office space. The APN is 28-37-03-01-00039.0-0011.00.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $450,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $520,000
- Mixed-Use
- $490,000
- Hospitality
- $435,000
- Educational
- $540,000
- Residential Income
- $400,000
- Energy
- $425,000
- Income-Based Land
- $535,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.611
- Latitude
- 28.0797
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
