700 Atlantis RdMelbourne, FL 32904
- Warehouses
- 9,610 SF
Property Details for 700 Atlantis Rd
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.05 AC
- Property size (Sq ft)
- 9,610 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 27-37-31-27-00000.0-0005.00
- APU
- 9223372036854775807
Description
This exceptional industrial property, located at 700 Atlantis Rd in Melbourne, Florida, offers 1,238 square feet of immediately available flex space within a larger 11,320 square foot building. The space is part of a multi-tenant building situated on a 2-acre lot in the South Brevard submarket of Brevard County. Ideal for a variety of uses, including flex, warehouse, or R&D operations, this unit provides a functional layout. Features include a roll-up door and a bathroom. The property's convenient location offers easy access to major transportation arteries, with proximity to I-95 (3 miles) and Melbourne International Airport (MLB) (2 miles). The address is conveniently located in the NASA Commerce Center, off NASA Boulevard east of Wickham Road. This space is perfect for businesses seeking a versatile and strategically located industrial space in the thriving Melbourne area. The minimum divisible space is 1,238 square feet, and the maximum contiguous space available is also 1,238 square feet. The entire building consists of one suite. The property is classified as industrial, with flex, warehouse, and R&D subtypes. The zip code is 32904.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,553,840
- 6.5%
- $5,126,620
- 7%
- $4,760,430
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,414,490
- Geo Method
- $2,414,490
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $2,690,240
- Mixed-Use / Specialty
- $2,728,990
- Hospitality / Lodging
- $2,065,100
- Office
- $2,763,120
- Institutional / Educational
- $2,854,320
- Residential Income
- $3,339,550
- Multifamily
- $3,737,320
- Automotive / Energy
- $2,446,560
- Parking / Income-Based Land
- $796,524
- Restaurant / Food Service
- $1,522,520
- Healthcare / Senior Housing
- $2,748,960
Location Insight
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Latitude
- 28.0958
- Longitude
- -80.6668
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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