3440 Harbor City BlvdMelbourne, FL 32935

  • Retail properties
  • 53,744 SF
For Lease
$15/SF/YR View listing

Property Details for 3440 Harbor City Blvd

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.61 AC
Property size (Sq ft)
53,744 SF
Zone code
CP
Property type
Retail properties
Property subtype
Strip malls
APN
27-37-05-00-00789.0-0000.00
APU
9223372036854775807

Description

Rivercrest Professional Center offers two exceptional medical office suites for lease, ideally situated on US-1 just south of Pineda Causeway, providing convenient access to I-95. The building totals 4,140 square feet, with both suites currently vacant and immediately available. Suite 3542 encompasses 1,740 square feet and boasts a well-designed layout featuring a reception area, a spacious open area, and a private office. This suite is perfect for a practice requiring a combination of open and private spaces. Suite 3526 offers 1,200 square feet of flexible space, including an open area, multiple private offices, and a restroom. Both suites are adaptable to various medical specialties. The minimum divisible space is 1,740 square feet, with a maximum contiguous space of 1,740 square feet. The property is a multi-tenant building, offering a collaborative environment. The rental rate is $15.00 per square foot, triple net (NNN). This prime location ensures high visibility and easy accessibility for patients and staff. Don't miss this opportunity to establish or expand your medical practice in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,713,388
    6.5%
    $20,043,126
    7%
    $18,611,474
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,267,340
    Geo Method
    $21,267,340
  • Alternative Use

    Use
    Valuation
    Residential
    $16,907,128
    Hospitality
    $15,486,838
    Educational
    $12,884,867
    Medical
    $13,327,997
    Retail
    $20,043,126
3440 Harbor City Blvd, Melbourne, Florida

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.164
Longitude
-80.644
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
$96,558
$791,810
$4,427,450
$5,219,260
-
$791,810
$4,427,450
$5,219,260

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