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Property profile & analytics
OFF-MARKET Estimated value $1,830,000
Truck terminals

7619 Ellis Rd West Melbourne, FL 32904-1103

24,400 SF 1.08 ac lot Built 1984
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-2978613
Property summary
AI-generated overview

This exceptional 24,000-square-foot industrial warehouse, located at 7619 Ellis Rd, Melbourne, FL 32904, presents a significant opportunity for businesses seeking a strategic location on Florida's Space Coast. Built in 1984, this single-tenant property sits on 1.08 acres and is zoned M-2. The warehouse boasts a 22-foot ceiling height, providing ample vertical space for storage or manufacturing. Loading and unloading are facilitated by five dock-high doors, ensuring efficient operations. The property includes a fully sprinklered open showroom area and substantial existing office space, offering flexibility for various business needs. Three-phase power is available, catering to businesses with higher energy demands. Its convenient location offers easy access to Interstate 95, Wickham Road, NASA Boulevard, and the Melbourne Orlando International Airport. The surrounding area features a mix of industrial users and retailers, creating a vibrant and accessible business environment. This property is perfect for light manufacturing, storage and distribution, or a large showroom. The APN is 27-36-36-00-46. This is an exceptional opportunity to establish or expand your business in a thriving industrial corridor.

Property profile
Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1984
Construction FRAME
Total area 24,400 SF
Lot 1.08 ac (47,045 SF)
Zoning code M2
APN 27-36-36-00-00046.0-0000.00
UPID US18-2978613
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
AI Approach AI
$1.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.19M
Blend (final) Blend
$1.83M
Owner & transaction history
Ellis Chai LLC · 3 yrs held
Ellis Chai LLC
since 2022
Last sale
$1.8M
5 recorded transactions
2022
$1.8M
2012
$1.0M
2008
Price N/A
2003
$600,000
1969
Price N/A
Zoning & alternative use
M2 · West Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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