2412 Harbor City BlvdMelbourne, FL 32901

Property Details for 2412 Harbor City Blvd

Year built

1946

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.12 AC

Property size (Sq ft)

3,897 SF

Zone code

C3

Property type

Retail properties

Property subtype

Retail space

APN

28-37-02-78-00002.0-0028.00

APU

9223372036854775807

Description

This exceptional 3,721 square foot retail space, located at 2412 S Harbor City Blvd in Melbourne, Florida, presents a unique opportunity for a discerning business. Situated in Brevard County's vibrant Central Business District (C-3 zoning), this single-tenant property offers ample space for a variety of commercial uses. Built in 1946, the building is entirely vacant, providing a blank canvas for a new tenant to customize to their specific needs. The property's address is conveniently located within the 32901 zip code, offering excellent accessibility and visibility. The entire 3,721 square feet is available for lease, making it ideal for businesses requiring a substantial footprint. This location benefits from high foot traffic and strong visibility, making it an attractive proposition for businesses seeking a prominent presence in the Melbourne market. The property's age offers the potential for creative renovation and modernization, allowing a tenant to create a truly unique and impactful space. This is a rare opportunity to secure a significant retail presence in a desirable location within Melbourne's thriving commercial sector. The property's size and location make it suitable for a wide range of retail businesses seeking a high-profile location. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,574,447

  6.5%

  $1,453,336

  7%

  $1,349,526

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,542,104

  Geo Method

  $1,542,104

• Alternative Use

  Use

  Valuation

  Residential

  $1,225,943

  Hospitality

  $1,122,957

  Educational

  $934,287

  Medical

  $966,419

  Retail

  $1,453,336

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0724

Longitude

-80.6015

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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