7211 Waelti Dr Melbourne, FL 32940
- Shopping centers
- 1.64 lot acres
Current Use by Public Records
- Shopping centers
Property Details for 7211 Waelti Dr
- Lot size
- 1.64 lot acres
- Property type
- Shopping centers
- Property subtype
- Specialty properties
- APN
- 26-36-12-DE-00022.0-0001.00
- APU
- 263612DE000220000100
Description
This exceptional 14,000-square-foot Class A office building, constructed in 2024, presents a rare opportunity for a single tenant in the thriving Melbourne, Florida market. Located at 7211 Waelti Drive, this property boasts a prime location in the Suntree/Viera submarket, approximately 15 minutes from the ocean. The building features a modern design with three entries, a convenient garage door, and ample parking for 70 vehicles. High ceilings, ranging from 20 to 24 feet, provide a spacious and versatile interior. The attractive exterior finishes contribute to a professional and welcoming aesthetic. The property sits on a 1.64-acre lot and is zoned BU-1, offering flexibility for a wide range of businesses. This rapidly growing area benefits from its proximity to major employers such as SpaceX, Boeing, Blue Origin, and more, ensuring a strong and stable tenant base. The building's modern design and convenient location make it an ideal choice for businesses seeking a high-quality, efficient workspace in a dynamic and expanding market. Avoid the challenges of older buildings and seize this chance to establish your business in a brand-new, state-of-the-art facility. The property's excellent visibility and convenient access further enhance its appeal.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $270,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $300,000
- Mixed-Use
- $275,000
- Hospitality
- $295,000
- Educational
- $240,000
- Residential Income
- $305,000
- Energy
- $290,000
- Income-Based Land
- $270,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6801
- Latitude
- 28.2317
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA