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Ramesh Patel Sells Industrial Asset At 4200 Dow Road In Melbourne For $3.525M

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SOLD
$3,525,000

Florida

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Industrial28,828 SF
Sold 11/03/2025
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Property Image
SOLD

Ramesh Patel Sells Industrial Asset At 4200 Dow Road In Melbourne For $3.525M

4200 Dow Road

See Similar Deals
Industrial28,828 SF
Sold 11/03/2025
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$122
Total Square Footage:28,828 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial asset located at 4200 Dow Road in Melbourne. The sale price for this asset was $3,525,000, with a total square footage of 28,828, leading to a price per square foot of $122.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,525,000
  • Address: 4200 Dow Road
  • Market: Melbourne
  • Square Footage: 28,828
  • Price per Square Foot: $122
  • Seller: Ramesh Patel
  • Buyer's Representative: Pablo Vignolo & Raul Pino - The Hype Real Estate Group
  • Seller's Representative: Jose Montero - The Hype Real Estate Group

This transaction highlights the efforts of all parties involved, with The Hype Real Estate Group representing both the seller and buyer. Their team facilitated a smooth closing through effective collaboration. They are focused on sourcing industrial and retail opportunities across multiple states, including Florida, Georgia, North Carolina, Virginia, and northeastern states.

Players

Raul Pino
50 deals$344.4M volume
BROKER

Pablo Vignolo
The Hype Real Estate Group
43 deals$285.6M volume
BROKER

Jose Montero
The Hype Real Estate Group
10 deals$78M volume(305) 323-2762
BROKER

The Hype Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Pablo Vignolo, Jose Montero & Raul Pino DATE: 11/3/2025 ADDRESS: 4200 Dow Road MARKET: Melbourne ASSET TYPE: Industrial SELLER: Ramesh Patel BUYER'S REP: Pablo Vignolo (@Hypepabs) & Raul Pino (@TheWolfofSouthFL) - The Hype Real Estate Group SELLER'S REP: Jose Montero (@Jose_montero9) - The Hype Real Estate Group (@TheHypeRealEstateGroup) SALE PRICE: $3,525,000 SF: 28,828 ~ PPSF: $122 NOTE FROM BROKER: Another successful off-market transaction where Hype worked with both the Seller and Buyer for a smooth closing. Our team is actively sourcing industrial and retail opportunities throughout Florida, Georgia, North Carolina, Virginia, and northeastern states. We have physical offices in Miami and New York and are looking to connect with more buyers who want to purchase good opportunities in these markets. Please reach out to Raul Pino, Pablo Vignolo, or Jose Montero at [email protected] for similar opportunities.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$12,523.59
Cash-on-Cash Return-1.27%
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