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4200 Dow Road

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

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

4200 Dow Road

$3,525,000

$122/SF

Building Size

28,828 SF

Asset Type

Industrial

Closing

Nov 2, 2025

AI

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

The Hype Real Estate Group

Broker

$344.4M

vol

50 deals

Broker
The Hype Real Estate Group
The Hype Real Estate GroupBrokerage

Melbourne Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.50%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93