Industrial Income Property - Allen Hill Ave.

2840 Allen Hill Avenue, Melbourne, Florida 32940

Sold: $525,000

Property Details

Property Type

Improved property

Building Type

Freestanding

Building Size

13,875 sqft

Land Size

1 acres

Zoning

IU - Brevard County

9% Cap Rate

Long-term Tenants
---4 tenants with 3yr leases
---1 tenant with 16 yr lease
---1 tenant with 13 yr lease
---1 tenant with 10 yr lease

2 Buildings and Shed
16' Eave Height
8 OHD
--6 @ 12' x 14'
--2 @ 14' x 14'

Fenced, Outside Storage
New Septic Tank
3-phase Electric Power
600 sf Covered Shed

PARCEL ID: 26-37-19-00-00260.0-0000.00

TAX ACCOUNT: 2606100

Located off US 1 just north of Pineda Causeway (SR 404)