Property profile

938 Lincoln Ave Melbourne, FL 32901

OFF-MARKET
Manufacturing properties
Property ID
US18-5829987
5,096 SF 1.09 ac lot Built 1930
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built 1930
Construction FRAME
Total area 5,096 SF
Lot 1.09 ac (47,480 SF)
Zoning code C2
APN 28-37-03-FC-00028.0-0002.00
UPID US18-5829987

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
  • Big Box & Wholesale Store Building Supply

Location

938 Lincoln Ave Melbourne, FL 32901-4651
Melbourne metro Census 64800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$480k
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
2005
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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