Remarks

This sale includes both 4085 & 4087 Highway 1 and the two tax account numbers are 2530654 & 2523808. The 4085 building includes a vacant .85 acre commercial lot directly across US1 on the west side. Introducing a prime investment opportunity at 4085 & 4087 U.S. 1, Rockledge, FL. There is 3,600 sf vacant which can be used by an Owner/User or can be leased for additional income. This meticulously maintained 9,600 SF building houses 8 units, offering ample space for a range of office configurations. Built in 2004 and recently renovated in 2020, this property is primed for modern business needs. Zoned BU-1 General Retail Commercial, it presents an attractive prospect in the flourishing Viera/Rockledge area. Don't miss out on this turnkey opportunity in a thriving commercial hub.
Proforma Net Income: $98,454. Proforma Cap Rate: 7.6% * Based on 3,600 sf vacant space leased at $14.50/sf gross. Current occupancy 62.5%

Details

MLS#: 1026768
Price: $1,300,000

Style: Office
Sq Ft: 9600
Year Built: 2004

County: Brevard
Tax Fee: 13000