360 Stan DrMelbourne, FL 32904

Property Details for 360 Stan Dr

Year built

1987

Construction

FRAME

Lot size

1.00 AC

Property size (Sq ft)

14,400 SF

Zone code

M1

Property type

Industrial properties

Property subtype

Truck terminals

APN

27-36-26-76-00000.0-0020.00

APU

9223372036854775807

Description

This exceptional 14,400-square-foot multi-tenant warehouse in Melbourne, Florida, presents a compelling investment opportunity. Built in 1987 and situated on a one-acre lot (14,400 sq ft), this property boasts a newly replaced roof (2023) and features six 2,400-square-foot bays, each with a 10x10 ground-level bay door, an office space (approximately 250-500 sq ft, except Unit F), and a bathroom. The building offers 12-foot ceiling heights, 480V 3-phase power, and 24 parking spaces distributed among the units (currently four spaces per unit). Conveniently located on Stan Drive, this property benefits from its proximity to major roadways, including the new Ellis Road/I-95 interchange, and is zoned M-1 Industrial by the City of Melbourne. Four units (A, C, D, F totaling 9,600 sq ft) are currently occupied, with vacancies anticipated by October 1, 2024. The remaining two units (B and E, 2,400 sq ft each) are on a month-to-month lease. The property is offered for sale at $2,100,000 ($145.83/sq ft land value) or lease at $12 per square foot. The owner currently covers water, landscaping, property taxes, and building insurance. A property video is available. Updated interior photos will be provided upon tenant vacancy.

• Alternative Use

  Use

  Valuation

  Residential

  $4,530,043

  Hospitality

  $4,149,495

  Educational

  $3,452,331

  Medical

  $3,571,062

  Retail

  $5,370,293

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.1007

Longitude

-80.6945

CBSA code

37340

CBSA name

PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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