7790 Industrial Rd - Warehouse FOR SALE


Melbourne, FL 32904- Suburban Melbourne
$1,429,000 USD
321-300-4773
7790 Industrial Rd, Melbourne, FL for Sale
$1,429,000 USD
Warehouse - FOR SALE
1/38
null | Request Cap Rate

NEW


7790 Industrial Rd
Melbourne, FL 32904
Suburban Melbourne


OVERVIEW

This 6,500-square-foot industrial building sits on a 1.04-acre lot and includes a warehouse layout with office space [see attached drawings]. The property is zoned ind, permitting various industrial uses, and has direct access to major roadways, including i-95, 2 miles away. Clear height is 20 ft and 16+ parking spaces. The property is currently occupied by the seller, offering potential for a sale-leaseback to generate immediate cash flow or an owner-user purchase. Local industrial vacancy rates are at 3%, indicating steady demand in the west melbourne industrial corridor. The location benefits from a population growth rate of 2% annually, a median household income of $55,000, and proximity to aerospace and tech firms. The ellis road expansion, widening 1.7 miles from two to four lanes with completion expected by mid-2028, and melbourne international airport’s $72 million terminal expansion in march 2022, adding 86,000 square feet and contributing $3.1 billion annually to the space coast economy per a 2023 florida department of transportation study, support regional industrial growth. Uses include a warehouse, light manufacturing facility, or distribution center.

FOR SALE DETAILS

PRICE

$1,429,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04

LAND SF

45,302

ZONING

IND

APN/PARCEL ID

27-36-36-00-00037.0-0000.00

ASK ABOUT THIS PROPERTY

Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

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Cassandra HartfordREACH Commercial Real EstateMore Info
321-300-4773

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.