Property summary
This exceptional Melbourne, Florida warehouse property offers a fantastic investment opportunity. Comprising seven buildings totaling 21,940 square feet on a spacious 107-acre lot, this property boasts 94 individual warehouse suites available for lease. Unit sizes range from a minimum of 200 square feet to a maximum of 600 contiguous square feet, catering to diverse storage needs. Built in 1979 and extensively renovated in 2023, the property features concrete block construction and convenient roll-up doors for easy access. The property benefits from excellent street frontage along Fee Avenue (133 feet), Lincoln Avenue (193 feet), and Tangerine Street (70 feet), ensuring high visibility and accessibility. Located at 820 E Lincoln Ave, Melbourne, FL 32901, this C-1 zoned property enjoys a prime location, just blocks from downtown Melbourne and within easy reach of US1 and New Haven Avenue. The property's recent exterior painting enhances its curb appeal. The property's APN is 28-37-03-FC-29-2. This is an ideal location for businesses seeking flexible and conveniently located warehouse space in a thriving area. The property is zoned for Neighborhood Commercial District use.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Melbourne, FLThe provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Melbourne, FL.
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