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Property profile & analytics
FOR SALE
Shopping centers

7211 Waelti Dr Melbourne, FL 32940

1.64 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US18-8203535
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Shopping centers
Use group SHOPPING CENTER COMMON AREA
Lot 1.64 ac (71,438 SF)
APN 26-36-12-DE-00022.0-0001.00
UPID US18-8203535
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
7211 Waelti Dr LLC · 1 yrs held
7211 Waelti Dr LLC
since 2024
Last sale
$360,000
3 recorded transactions
2024
Price N/A
2021
$360,000
2019
$100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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