3819 Murrell RdRockledge, FL 32955

Property Details for 3819 Murrell Rd

Year built

2001

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.98 AC

Property size (Sq ft)

11,220 SF

Zone code

C2

Property type

Office buildings

APN

25-36-22-51-00000.0-0001.00

APU

9223372036854775807

Description

This exceptional 1,269 square foot office space presents a fantastic opportunity for businesses seeking a vibrant and accessible location. Situated in a well-maintained plaza directly across from a Publix supermarket at the high-traffic intersection of Murrell Road and Barnes Boulevard, this property enjoys excellent visibility and convenient access to major thoroughfares. The single-tenant space is move-in ready, offering a welcoming atmosphere for clients and customers. Its ideal location straddles the border of Viera and Rockledge, providing access to a diverse and growing market. Ample parking is readily available for both employees and customers. The property is a single-story building, offering easy navigation and accessibility. This space is perfect for a variety of businesses, including retail, office, or service-oriented companies looking to establish or expand their presence in a thriving commercial area. The property's location ensures high visibility and easy access for clients, contributing to a successful business operation. The affordable price point makes this an attractive investment for businesses of all sizes seeking a prime location in a bustling commercial district. The property's APN is 25-36-22-51-*-1.

• CAP approach

  CAP return

  Valuation

  6%

  $3,000,933

  6.5%

  $2,770,092

  7%

  $2,572,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,793,616

  Geo Method

  $1,761,877

• Alternative Use

  Use

  Valuation

  Residential

  $3,434,914

  Hospitality

  $3,146,362

  Educational

  $2,617,737

  Medical

  $2,707,765

  Retail

  $4,072,035

Location Insight

City

Rockledge

County

Brevard

State

Florida

Latitude

28.2939

Longitude

-80.7214

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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