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7790 Industrial Rd 6,500 SF Industrial Building Melbourne, FL 32904 $1,429,000 ($219.85/SF)
Executive Summary
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.
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.
Property Facts
| Price | $1,429,000 | Lot Size | 1.04 AC |
| Price Per SF | $219.85 | Rentable Building Area | 6,500 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 2015/2017 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | ||
| Zoning | IND - Industrial Zoning | ||
| Price | $1,429,000 |
| Price Per SF | $219.85 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.04 AC |
| Rentable Building Area | 6,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2015/2017 |
| Tenancy | Single |
| Zoning | IND - Industrial Zoning |
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Property Taxes
| Parcel Number | 27-36-36-00-00037.0-0000.00 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $607,570 (2025) |
Property Taxes
Parcel Number
27-36-36-00-00037.0-0000.00
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$607,570 (2025)
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7790 Industrial Rd
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