Waterfront Commercial Land with
For Sale
Contact for pricing
5120 N US Highway 1, Melbourne, FL 32940
4.64 acres with direct US 1 and Indian River frontage, dividable into three parcels including an occupied concrete block building.
Property Size5,400 SF
Lot Size4.64 Acres
Days on Market144
Property Features for 5120 N US Highway 1
General Information
Standard status
Active
Size
5,400 SF
Lot size
4.64 Acres
Property subtype
Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
CENTURY 21 Baytree Realty
(321) 255-2600
Listed By:
Jason Bucci · License #3045210
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 1:22PM
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 CENTURY 21 Baytree Realty
Investment Insights
Based on property information with market context.
This offering consists of 4.64 acres of commercial real estate with direct US 1 and Indian River frontage in Melbourne, FL. The property can be divided into up to three parcels total, providing flexibility for future development and separate ownership.
One of the potential parcels includes a concrete block building with a tile roof. The building is currently fully occupied under long-term leases, providing existing rental income while you consider building on the remaining parcels as they are separated.
The seller also indicates an option to sell the out parcels separately.
One of the potential parcels includes a concrete block building with a tile roof. The building is currently fully occupied under long-term leases, providing existing rental income while you consider building on the remaining parcels as they are separated.
The seller also indicates an option to sell the out parcels separately.
Key Highlights
- 4.64‑acre commercial site with direct US 1 and Indian River frontage
- Property can be divided into three parcels
- One parcel includes a 5,400 SF concrete block building with a tile roof
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 32940, FL
44,869
Population
21,433
Households
2.1
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
783
Density / Sq Mi
$106,511
Median Household Income
$56,072
Median Earnings
$1,904
Median Rent
$444,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 4.64 acres with direct US 1 and Indian River frontage, dividable into three parcels including an occupied concrete block building.
Where is this office building located?
The property is located at 5120 N US Highway 1 Melbourne, FL.
What are key features of this property?
This property features: 4.64‑acre commercial site with direct US 1 and Indian River frontage; Property can be divided into three parcels; One parcel includes a 5,400 SF concrete block building with a tile roof
