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Light Industrial Land
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0000 Commerce Drive, Melbourne, FL 32904

M1-zoned land supports light assembly, light manufacturing, warehousing, and other industrial uses.

Property SizeContact for details
Days on Market143

Property Features for 0000 Commerce Drive

General Information

Standard status Active
Property subtype Land, Industrial
Listing Agency: The Ullian Realty Corporation
Listed By: Mike Ullian
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Ullian Realty Corporation

Investment Insights

Based on property information with market context.

This industrial land offering includes Lot 4, comprising approximately 0.70 acres, with a larger assemblage of 4.68 acres available across individual lots or as a package. The site carries Light Industrial (M1) zoning, supporting uses such as light assembly, light manufacturing, and warehousing.

Planned site infrastructure includes master retention, city water and sewer, FPL electric service, and natural gas, with delivery estimated for Q1 2024. The property is positioned near Melbourne Airport and surrounding employers including Northrop Grumman, GE, L3Harris, Satcom Direct, and Extant Aerospace. Access to Interstate 95, US1, and Nasa Boulevard connects the site with Melbourne Square Mall, Downtown Melbourne, and nearby dining, daycare, and schools.

Key Highlights

  • Lot 4 includes approximately 0.70 acres
  • Total of 4.68 acres available as individual lots or a package
  • Light Industrial (M1) zoning supports light assembly, light manufacturing, and warehousing

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Cafe & Coffee Shop Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - M1-zoned land supports light assembly, light manufacturing, warehousing, and other industrial uses.
Where is this industrial land located?
The property is located at 0000 Commerce Drive Melbourne, FL.
What are key features of this property?
This property features: Lot 4 includes approximately 0.70 acres; Total of 4.68 acres available as individual lots or a package; Light Industrial (M1) zoning supports light assembly, light manufacturing, and warehousing
More about this property
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