3790 Dixie HwyPalm Bay, FL 32905

  • Office properties
  • 7,394 SF
For Lease
$15/SF/YR View listing

Property Details for 3790 Dixie Hwy

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.55 AC
Property size (Sq ft)
7,394 SF
Zone code
HC
Property type
Office properties
Property subtype
Office buildings
APN
28-37-13-FK-00000.0-0003.04
APU
283713FK000000000304

Description

Discover two adjacent, first-floor office suites available for lease at the Riverview Professional Center, located at 3790 Dixie Hwy NE, Palm Bay, FL 32905. Each suite offers approximately 1,476 to 1,483 square feet of recently remodeled space, perfect for a variety of professional businesses. Both suites boast a reception area, four private offices, and a restroom. A significant advantage is the inclusion of a bonus garage in the rear, providing ample parking and potential for additional storage, with direct access from Suite B. The interior spaces are well-lit and offer a comfortable work environment. The building features pylon signage for excellent visibility. This prime location on Dixie Highway (US 1) offers easy access and is conveniently situated approximately 2.5 miles from downtown Melbourne, and within 5 miles of both the Melbourne Orlando International Airport and I-95 at Palm Bay Road. Ample parking is available for tenants and clients. These suites are ideal for businesses seeking modern, functional office space in a highly accessible location. The multiple tenancy structure allows for flexibility and potential for expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,032,168
    6.5%
    $1,875,848
    7%
    $1,741,859
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,161,080
    Geo Method
    $1,161,080
  • Alternative Use

    Use
    Valuation
    Residential
    $2,326,051
    Hospitality
    $2,130,650
    Educational
    $1,772,676
    Medical
    $1,833,641
    Retail
    $2,757,496
3790 Dixie Hwy, Palm Bay, Florida

Location Insight

City
Palm Bay
County
Brevard
State
Florida
Latitude
28.0455
Longitude
-80.5866
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
$13,795
$125,780
$605,800
$731,580
-
$125,780
$605,800
$731,580

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