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Property profile

820 E Lincoln Ave Melbourne, FL 32901

FOR SALE
Warehouses
Property ID
US18-4268628
2,320 SF 1.07 ac lot Built 1979
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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For Sale
Contact for pricing 2,320 SF
820 E Lincoln Ave, Melbourne, FL 32901
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,320 SF
Lot 1.07 ac (46,609 SF)
Zoning code C2
APN 28-37-03-FC-00029.0-0002.00
UPID US18-4268628

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

820 E Lincoln Ave Melbourne, FL 32901
Melbourne metro Census 64800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M

Owner & transaction history

since 2025
Last sale
$2.0M
4 recorded transactions
2025
$2.0M
2024
Price N/A
2023
$1.5M
2013
Price N/A

Zoning & alternative use

C2 · Melbourne, FL
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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