Property profile & analytics
700 Atlantis Rd Melbourne, FL 32904-2333
- Warehouses
- 9,610 SF
- 2.05 lot acres
OFF-MARKET
Value Estimations
$1,340,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US19-0034370
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Allamatic Transmissions / Auto Repair Shop
- Right Touch Tinting / Interior Design / Auto Repair Shop
- CVT Worldwide / Auto Repair Shop
- Dentman Jr. Inc - Dent Repair / Auto Repair Shop
- AH Screens / Computer & Electronic Repair / Tech Support Center
Property Details for 700 Atlantis Rd
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.05 lot acres
- Property size
- 9,610 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 27-37-31-27-00000.0-0005.00
- APU
- 9223372036854775807
Description
This exceptional industrial property, located at 700 Atlantis Rd in Melbourne, Florida, offers 1,238 square feet of immediately available flex space within a larger 11,320 square foot building. The space is part of a multi-tenant building situated on a 2-acre lot in the South Brevard submarket of Brevard County. Ideal for a variety of uses, including flex, warehouse, or R&D operations, this unit provides a functional layout. Features include a roll-up door and a bathroom. The property's convenient location offers easy access to major transportation arteries, with proximity to I-95 (3 miles) and Melbourne International Airport (MLB) (2 miles). The address is conveniently located in the NASA Commerce Center, off NASA Boulevard east of Wickham Road. This space is perfect for businesses seeking a versatile and strategically located industrial space in the thriving Melbourne area. The minimum divisible space is 1,238 square feet, and the maximum contiguous space available is also 1,238 square feet. The entire building consists of one suite. The property is classified as industrial, with flex, warehouse, and R&D subtypes. The zip code is 32904.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $1,020,000
- 7%
- $945,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,308,000
- AI Estimate
- $1,688,000
Market price range: $553k - $1.31MMarket price range: $308k - $1.69M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,075,000 Current use
- AUTO REPAIR, GARAGE
- $2,145,000 Change: +100% Conversion: Easy
- OFFICE BUILDING
- $1,950,000 Change: +82% Conversion: Difficult
- RETAIL STORES
- $1,650,000 Change: +54% Conversion: Moderate
- MEDICAL BUILDING
- $1,540,000 Change: +43% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6668
- Latitude
- 28.0958
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,785
$222,810
$1,524,500
$1,747,310
-
$222,810
$1,524,500
$1,747,310
