$494,500

1029 Sarno Road

Melbourne FL, 32935

Description

Professional Office Building currently zoned R-P (Res-Professional) with high potential for rezoning to C-1 (Commercial), which also provides a strong repositioning opportunity for commercial purposes or redevelopment Discussions with the City of Melbourne Planning Department indicate that the City would be receptive to this zoning change. Site coverage ratio 11.5%. Exceptional location with 260 front feet of direct exposure on Sarno Road 2018 AADT was 16,100. The subject is west of the intersection with Harbor City Boulevard (Highway 1) a major north/south transit corridor through Brevard County. Building contains 2,700 sqft, 0.54 acre lot, paved parking 7,140 sqft plus separate employee parking.& detached 1 car garage.

Details

MLS#845392
StyleIndustrial
Sub-TypeResale
StatusActive
Year1969
Days On Site125

Features

SQ Feet2,700
Story(s)1
Units1
ZoningProfessional

Market Activity 32935

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Area Information

StateFL
CityMelbourne
Zip Code32935
Area330 - Melbourne
Listing VS Median (in 32935)
Price:
$494,500
low | high
Med:
$160,000
100% of Average
SqFt:
2,700
low | high
Med:
1,340
100% of Average
$ / SqFt:
$183
low | high
Med:
$124
82.254802831143% of Average
On Site:
125
low | high
Med:
94.5
100% of Average
Listing Updated: 09/20/2019
MLS Number: 845392
Listing Provided By:
Robert W. Riley  of  Premier Properties Real Estate

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