4840 Dairy RdMelbourne, FL 32904

Property Details for 4840 Dairy Rd

Year built

2012

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

5,000 SF

Property type

Office properties

Property subtype

Other office properties

APN

28-37-20-00-00001.A-0000.00

APU

2837200000001A000000

Description

This exceptional single-tenant office building, situated in South Pointe Commons, offers 2,500 square feet of well-appointed space. The property boasts a convenient location, just minutes from I-95, Melbourne Airport, and L-3 Harris, ensuring easy access for employees and clients. The building is a single-story structure situated on a 0.11-acre lot (APN: 28-37-20-00-00001.A-0000.00). The interior features five private offices, each with natural light from windows, a spacious conference room ideal for meetings and presentations, a comfortable break room for employee relaxation, and a large welcoming lobby. The open work area in the rear provides ample space for collaborative work. High-quality finishes enhance the professional atmosphere, including wood-stained trim with crown molding and chair rails, complemented by upgraded LED lighting for energy efficiency and a bright, modern feel. This property presents a unique opportunity for a business seeking a well-maintained, conveniently located office space. The property is classified as Commercial Office and Land.

• CAP approach

  CAP return

  Valuation

  6%

  $1,374,201

  6.5%

  $1,268,493

  7%

  $1,177,887

• Comparable approach

  Method

  Valuation

  Relative Method

  $785,150

  Geo Method

  $785,150

• Alternative Use

  Use

  Valuation

  Residential

  $1,572,932

  Hospitality

  $1,440,797

  Educational

  $1,198,726

  Medical

  $1,239,952

  Retail

  $1,864,685

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0398

Longitude

-80.6387

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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