4085 Highway 1Rockledge, FL 32955

This exceptional investment opportunity encompasses two parcels (tax account numbers 2530654 & 2523808) at 4085 & 4087 Highway 1 in Rockledge, Florida (zip code 32955). The main building, constructed in 2004 and renovated in 2020, boasts 9,600 square feet and is currently 62.5% occupied, housing eight individual office units. A significant 3,600 square feet of vacant space presents a substantial opportunity for an owner-user or additional lease income, projected to generate a proforma net income of $98,454 and a 7.6% cap rate (based on leasing the vacant space at $14.50/sf gross). The property also includes a vacant 0.85-acre commercial lot across Highway 1, adding considerable future development potential. Situated in the thriving Viera/Rockledge area and zoned BU-1 General Retail Commercial, this meticulously maintained property offers a turnkey solution for investors seeking a strong return in a prime location. The total lot size is 81,892.8 square feet. This is a single-unit office building.