Technical
Financial
Distress signals
Property profile

710 Washburn Rd 710-11 Melbourne, FL 32934

OFF-MARKET
Other warehouses
Property ID
US18-0571689
1,020 SF 0.11 ac lot Built 1989
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This commercial/industrial warehouse space comprises 1,020 square feet within a quiet commercial condominium. The facility includes a replaced roof that was installed in September 2019, 12-foot ceilings, and three roll-up garage doors measuring 10 feet high by 10 feet wide. The interior layout consists of an entry/reception area, a large open work area, and a separate work area with garage door access. The property is zoned M1 (light manufacturing) and is suited for uses such as light manufacturing, light industrial operations, fabrication, machining, and automotive repair.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,020 SF
Lot 0.11 ac (4,792 SF)
APN 27-36-24-50-00000.0-0021.11
UPID US18-0571689

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Party Supply Store Rental Equipment Company
  • General Contractor
  • Advertising Agency Marketing & Advertising

Location

710 Washburn Rd, Unit 710-11 Melbourne, FL 32934-7395
Melbourne metro Census 64602 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2023
Last sale
$195,000
2 recorded transactions
2023
$195,000
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 710 Washburn Rd, Unit 710-11?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message