3819 Murrell RdRockledge, FL 32955

  • Office properties
  • 11,220 SF
For Lease
$22/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
3819 Murrell Rd, Rockledge, Florida

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

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
$20,844
$437,030
$794,900
$1,231,930
-
$437,030
$794,900
$1,231,930

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