930 Harbor City Blvd Melbourne, FL 32901
- Office buildings
- 74,189 SF
- 4.39 lot acres
Current Use by Public Records
- Ward Photonics | James Maves | Cocoa Beach FL / Production Facility / Factory
- Hamilton Home Loans - Melbourne Branch / Loan Service / Bank
- Sam Waite Mortgages / Loan Service / Bank
- Longbow.net / Advertising Agency / Marketing & Advertising
- Highmark Insurance / Insurance Agency
Property Details for 930 Harbor City Blvd
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 4.39 lot acres
- Property size
- 74,189 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 27-37-34-EP-0000A.0-0018.01
- APU
- 273734EP0000A0001801
Description
This exceptional sublease opportunity presents eight executive office spaces, ranging from 90 to 388 square feet, located on the fourth floor of the prestigious Riverside Center in Melbourne, Florida. Enjoy breathtaking views of the Indian River from your private office within this Class B building, boasting a total of 68,079 square feet situated on a 4.39-acre lot. The building, constructed in 1985 and zoned C2, offers a convenient and professional work environment. The sublease includes access to shared amenities such as a conference room and a common area kitchen. Utilities are included in the rental rate, providing cost predictability and convenience. Tenants are responsible for their own internet service. While only 220 square feet are currently vacant, this presents a unique chance to secure a prime location within a well-established building in Brevard County. The multiple tenancy structure ensures a vibrant and collaborative atmosphere. This is an ideal solution for businesses seeking efficient, well-appointed office space with stunning views and convenient shared amenities. Don't miss this chance to establish your business in a desirable Melbourne location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $17,950,000
- 6.5%
- $16,565,000
- 7%
- $15,385,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,024,000
- AI Estimate
- $7,887,000
Market price range: $10.1M - $18.3MMarket price range: $3.89M - $15.0M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $12,960,000 Current use
- AUTO REPAIR, GARAGE
- $16,575,000 Change: +28% Conversion: Difficult
- RETAIL STORES
- $12,725,000 Change: -2% Conversion: Moderate
- MEDICAL BUILDING
- $11,870,000 Change: -8% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6119
- Latitude
- 28.095
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA