2825 Business Center BlvdMelbourne, FL 32940

  • Industrial properties
  • 1,073 SF
For Sale
$225,000 View listing

Property Details for 2825 Business Center Blvd

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.13 AC
Property size (Sq ft)
1,073 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
26-37-30-50-00000.0-0002.01
APU
9223372036854775807

Description

This 1,200 square foot warehouse condo, located at 2825 Business Ctr Blvd, Melbourne, FL 32940, presents a fantastic investment opportunity. Situated within the Wickham Business Park, a four-building, 54,000 square foot complex in the Suntree area, this unit (A-5) offers versatile space ideal for light industrial, office, or retail use. Built in 1999, the unit features a small office area and a large open warehouse space with one loading dock. The property benefits from ample parking and is part of a professionally managed complex with a $295 monthly condo association fee that includes insurance and common area maintenance. Building roofs were replaced and the buildings were painted in 2019. The complex boasts well-funded property reserves for future replacements. The permitted zoning is Light Industrial. Annual real estate taxes are $2,131. This is a rare opportunity to acquire a commercial condo in this area that allows for industrial use. Don't miss out on this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $337,551
    Hospitality
    $309,195
    Educational
    $257,247
    Medical
    $266,094
    Retail
    $400,161
2825 Business Center Blvd, Melbourne, Florida

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.193
Longitude
-80.6683
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,117
-
$110,510
$110,510
-
-
$110,510
$110,510

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