175 Nasa BlvdMelbourne, FL 32901

Property Details for 175 Nasa Blvd

Year built

1988

Construction

WOOD

Lot size

1.30 AC

Property size (Sq ft)

26,081 SF

Zone code

CP

Property type

Office buildings

APN

27-37-34-00-00287.0-0000.00

APU

9223372036854775807

Description

This exceptional 1,210 square foot single-tenant office space is ideally situated on NASA Boulevard in Melbourne, Florida. The property boasts a convenient location near Melbourne's hospital, high school, diverse restaurants, and the airport, ensuring easy access for both employees and clients. The office features abundant natural light streaming through numerous windows, illuminating a spacious open area, a welcoming reception area, and two generously sized private offices, providing ample room for various business needs. The building offers the added convenience of an elevator and extensive parking, accommodating both staff and visitors comfortably. The professional atmosphere is further enhanced by the presence of other established tenants, including legal and medical professionals. This property presents a unique opportunity to establish your business in the thriving Melbourne business district, benefiting from its strategic location and well-maintained facilities. The lot size is 1.3 acres, and the property's APN is 27-37-34-00-00287.0-0000.00. This is a single-tenant occupancy property.

• CAP approach

  CAP return

  Valuation

  6%

  $7,168,108

  6.5%

  $6,616,714

  7%

  $6,144,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,095,500

  Geo Method

  $4,095,500

• Alternative Use

  Use

  Valuation

  Residential

  $8,204,726

  Hospitality

  $7,515,485

  Educational

  $6,252,795

  Medical

  $6,467,838

  Retail

  $9,726,570

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0928

Longitude

-80.618

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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