Price: $1,300,000
4085 Highway 1Rockledge, FL 32955
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0
Square Foot
9,600
Total Sq. Ft.
N/A
Bedrooms
10.00
Full Baths
N/A
½ Baths
2004
Year Built
Property Description:
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%
Exterior Features
N/A
Interior Features:
N/A
Equipment / Appliances:
N/A
Utilities:
N/A
4085 Highway 1 Rockledge, FL 32955
This listing is courtesy of SouthTrend Realty.
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