1150 Gateway Dr Melbourne, FL 32901

This 23.24-acre, vacant, rectangle-shaped parcel is located in the Melbourne Executive District. Zoned M-1 Commercial, possible uses include office, hotel, motel, restaurant, retail, convention center, bank, and multi-family. The property is flanked by large engineering and corporate firms. Traffic counts in this area are: Nasa Boulevard - 25,420 (high) - 15,010 (low); Evans Road - 16,510; Gateway Drive - 3,550. The Northrup Grumman campus is directly across Nasa Blvd and is expanding to add 1900 new jobs, bringing their total employee population to 4000 individuals. Harris, Embraer, Health First, and Rockwell Collins are located a mile or less from this site. NASA Boulevard, located north of the site, runs west and ties directly into Ellis Road with a signalized intersection at Wickham Road. Ellis Road will be a four-lane thoroughfare in the next few years and have a full new interchange at I-95. The interchange is fully funded. The property is located within Melbourne Orlando International Airport Height Restriction Zone but is not within the airports flight pattern. Any future development of the property will require working with the Federal Aviation Administration and completing a “Part 77 Flight Study”. The parcel consists of 12.00 acres and 10.54 acres.