3790 Dixie HwyPalm Bay, FL 32905

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 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.

• 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

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

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