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    FOR LEASE
    Medical Office Space

    8060 Spyglass Hill Rd, Melbourne, FL 32940

    20,361 SF 4.91 ac lot Built 1997
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US18-0561190
    Property summary
    AI-generated overview

    This single-tenant, 19,131-square-foot medical/traditional office building presents a unique opportunity in the thriving Viera submarket of Melbourne, Florida. Located at 8060 Spyglass Hill Rd, near Murrell St and minutes from I-95, this Class B property boasts a convenient location serving a large population base in Brevard County. Built in 1997 and renovated in 2010, the building features a single story with a 17-foot ceiling height. The 4.91-acre lot provides ample space, and the BU2 zoning offers flexibility. The property is entirely vacant, allowing for complete customization to suit a variety of healthcare or professional office needs. Its strategic location within the dynamic Viera West community offers excellent visibility and accessibility. This is an exceptional opportunity to establish a prominent presence in a rapidly growing area, just 72 miles southeast of Orlando. The property features no elevators. APN: 26-36-10-04-00000.0-0001.01. Zip code: 32940.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1997
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 20,361 SF
    Lot 4.91 ac (213,880 SF)
    Zoning code BU-2
    APN 26-36-10-04-00000.0-0001.01
    UPID US18-0561190
    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
    Current use
    Occupant on record · Public records
    • Wuesthoff Brevard Hospice & Palliative Care Medical Clinic
    • Wuesthoff Health System Home Health Home Health Care Service Doctor
    • AMIT KUMAR SHARMA Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Coregro 8060 Spyglass Hills LLC · 4 yrs held
    Coregro 8060 Spyglass Hills LLC
    since 2021
    Last sale
    $45,500
    4 recorded transactions
    2021
    $45,500
    2018
    2012
    $7.9M
    2009
    $2.6M
    Zoning & alternative use
    BU-2 · Melbourne, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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