Financial
Distress signals
Property profile

7000 Spyglass Ct Ste 240 Melbourne, FL 32940

OFF-MARKET
Office buildings
Property ID
US18-6127571
31,697 SF 2.8 ac lot Built 1991
Last sale Jun 2013 · $4,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 6.3-acre commercial land parcel located approximately 12 miles north of downtown Melbourne. The site is about 0.75 miles east of Interstate I-95, with access to Melbourne and communities along Florida’s eastern coast. It is situated within an established development area with nearby residential and commercial uses, and healthcare services development in the Spyglass Hill Road area. The land is identified as suitable for potential medical office development and other complementary commercial or residential uses.

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?
$70k
Tax billed · 2023
Assessed value$4.38M
Assessed land$845k
Assessed improvement$3.53M
Effective rate1.60%

Value estimate

· Sep 2026
$6.58M
$5.92M – $7.23M
CAP approach$7.08M
Submarket $/SF estimate$7.95M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$263/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$190 – $369

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?
PIP
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.3
Wholesale Shop24.9
HVAC Service16.0

Location

7000 Spyglass Ct Ste, Unit 240 Melbourne, FL 32940-7948
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
445 Pineda Ct, Melbourne, FL 32940-7555 $3,230,500 Sep 2023 22,944 SF
7370 Cabot Ct Ste 103a, Melbourne, FL 32940-8263 $15,375,000 May 2022 9,524 SF
6905 Wickham Rd, Melbourne, FL 32940-7551 $16,439,000 Feb 2022 84,560 SF
7351 Ofc Park, Melbourne, FL 32940-8224 $2,495,000 Dec 2021 11,396 SF
14 Suntree, Melbourne, FL 32940-2624 $1,570,000 Oct 2020 12,232 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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