This Melbourne, Florida industrial property at 618 Washburn Rd offers 7,500 square feet of flexible warehouse space for lease, situated on one acre of land. The building, constructed in 1984, features a total of 15,000 square feet, with two available units. Unit A comprises approximately 4,500 square feet, currently configured with roughly 3,500 square feet of office space and 1,000 square feet of warehouse space. The landlord is open to modifying this unit to increase warehouse space by removing existing office areas to meet tenant needs. Unit C offers 3,000 square feet of open warehouse space with a small, existing office. Both units benefit from a 14-foot ceiling height and 3-phase power. The property is zoned M1 and boasts convenient access to I-95 via Sarno Road, further enhanced by the upcoming Ellis Road expansion. Located in the Melbourne submarket of Brevard County (APN: 27-36-24-50-*-17), this property presents a compelling opportunity for businesses seeking flexible warehouse space in a strategic location. The property is multi-tenant.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,718,795
Hospitality
$4,322,390
Educational
$3,596,178
Medical
$3,719,856
Retail
$5,594,055
Location Insight
City
Melbourne
County
Brevard
State
Florida
Latitude
28.1164
Longitude
-80.6872
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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