620 New Haven AveMelbourne, FL 32901

Property Details for 620 New Haven Ave

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.28 AC

Property size (Sq ft)

680 SF

Zone code

C2

Property type

Retail properties

Property subtype

Drive through restaurants

APN

28-37-04-02-00089.0-0009.00

APU

9223372036854775807

Description

This exceptional 2,125 square foot executive office suite is located at 13570 Meadowgrass Drive in the desirable Colorado Springs Tri-Lakes submarket. Situated in a Class B, single-story building constructed in 2007, this space offers stunning Front Range views and ample on-site parking. The building totals 20,152 square feet and sits on a 0.24-acre lot. The property is zoned MX-M, allowing for a variety of commercial uses. This is a multi-tenant building with one suite currently available for lease. The convenient location provides easy access to I-25 and Voyager Parkway, placing tenants within close proximity to numerous restaurants and national retailers, including Bass Pro Shops and TopGolf. The suite itself is part of a high-end office condo development, offering a professional and prestigious address. This is a rare opportunity to secure a well-located, spacious, and attractive office space in a thriving area. The available space is 2,125 square feet, part of a larger 20,152 square foot building. Don't miss this chance to establish your business in this prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $274,730

  6.5%

  $253,597

  7%

  $235,483

• Comparable approach

  Method

  Valuation

  Relative Method

  $269,087

  Geo Method

  $269,087

• Alternative Use

  Use

  Valuation

  Residential

  $213,919

  Hospitality

  $195,948

  Educational

  $163,027

  Medical

  $168,633

  Retail

  $253,597

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.079

Longitude

-80.6308

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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