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    US-192 & St Johns Heritage Pkwy West Melbourne, FL 32904

    For Sale
    Contact for pricing

    Mixed-use development opportunity in growing Space Coast region.

    Property size:
    350,000 SF

    Property Features for US-192 & St Johns Heritage Pkwy

    General Information

    Size
    350,000 SF

    Source: Rod Castan Agent Rod Castan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Space Coast Town Center Development

    Space Coast Town Center is a mixed-use development designed to integrate residential, commercial, and recreational spaces. The center aims to serve the growing Florida Space Coast region, targeting local employees drawn to the area's high-tech and STEM job opportunities. The development will feature up to 2,184 multi-family units, over 500,000 square feet of office space, and up to 300 hotel rooms. The retail component encompasses 350,000 square feet. Visible from the Interstate, Space Coast Town Center is positioned to serve the daily workforce, nearby residents, and the broader Space Coast market.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.7009
    Latitude
    28.0719

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    FAQs

    What type of property is this?
    Retail property - Mixed-use development opportunity in growing Space Coast region.
    Where is this retail property located?
    The property is located at US-192 & St Johns Heritage Pkwy West Melbourne, FL.
    What are key features of this property?
    This property features: - High-demand location in the growing Florida Space Coast region.; - Combines multi-family, office, and retail spaces.; - Targets local employees in high-tech and STEM industries.
    (305) 794-4700
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    US-192 & St Johns Heritage Pkwy West Melbourne, FL 32904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    US-192 & St Johns Heritage Pkwy West Melbourne, FL 32904
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