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Sarno Professional Center
1360-1380 Sarno Road
Melbourne, Florida
19,470 Sq. Ft.
Property Facts
| Building Area: | 19,470 Sq. Ft. |
| Complex: | 14 Units in Three |
| Configuration: | Buildings |
| Unit Size: | 1,100-2,200 Sq. Ft. |
| Construction: | Concrete Walls & Concrete Roof |
| Utilities: | City Water/Sewer |
| Zoning: | CIA Permitted Uses Include: Retail Office, Medical, Financial Institutions, and Personal Service |
| Parcel Size: | 2 Acres |
| Year Built: | 1978 |
Property at Purchase
| Purchase Price: | $900,00.00 |
| Purchase Price PSF: | $46.22 |
| Occupancy at Purchase: | 50.00% |
| Average Rent PSF At Purchase: | $8.00 PSF |
After Renovation and Transformation
| Current Replacement Cost Value: | $250.00 PSF |
| Occupancy After One Year of Ownership: | 100.00% |
| Average Rent PSF After Renovation: | $14.00 PSF |
| Renovation Capital Expenditures: | $15.00 PSF |
