This exceptional 1,761 square foot single-tenant office space is located in the heart of historic downtown Melbourne, Florida. The property, situated on a 0.25-acre lot, features a single-story building with five individual offices, a spacious conference room, a well-equipped kitchen, a welcoming lobby, and two bathrooms. Recent updates enhance the functionality and appeal of this professional space. Convenient on-site parking is available, with additional parking conveniently located across the street. The rent includes lawn care and building maintenance, providing a worry-free experience for the tenant. Utilities (water/sewer, electricity, and internet) are the responsibility of the tenant. Office furniture is negotiable, offering flexibility for the incoming occupant. The property's address is 2112 Grant Place, Melbourne, FL 32901, and its APN is 28-37-03-75-00000.0-0008.08. This prime location offers unparalleled access to downtown amenities and businesses. This is a rare opportunity to secure a well-maintained, updated office space in a highly desirable area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$527,144
6.5%
$486,594
7%
$451,837
Comparable approach
Method
Valuation
Relative Method
$301,184
Geo Method
$301,184
Alternative Use
Use
Valuation
Residential
$603,377
Hospitality
$552,690
Educational
$459,831
Medical
$475,646
Retail
$715,293
Location Insight
City
Melbourne
County
Brevard
State
Florida
Latitude
28.0769
Longitude
-80.6092
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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