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Medical Office Development Land
For Sale
$2,500,000

7965 Spyglass Hill Road Melbourne, Melbourne, FL 32940

Zoned BU-1-A medical development parcel with utilities stubbed and a two-story medical office building envelope.

Property SizeContact for details
Lot Size1.54 Acres
Days on Market56

Property Features for 7965 Spyglass Hill Road Melbourne

General Information

Standard status Active
Lot size 1.54 Acres
Property subtype Land
Zoning BU-1-A

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $14,405

Amenities

Cleared
Public
1.54
1
Asphalt
City Street
Listing Agency: THE REAL ESTATE COLLECTION LLC
Listed By: Erica Sadelfeld · License #3121297
Source: Therealestatecollection
Added: Jul 6 Changed: Aug 28 Last Checked: Aug 29 at 6:44AM

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 REAL ESTATE COLLECTION LLC

Investment Insights

Based on property information with market context.

A 1.54-acre commercial land parcel positioned within the Spyglass Medical District of East Viera. The property is zoned BU-1-A, with medical buildings permitted by right, and it features a building envelope designed to accommodate a two-story medical office of approximately 23,000 square feet.

The site is directly adjacent to DEUK Spine Institute and is described as within walking distance of Viera Medical Center and the Surgery Center of Viera. I-95 is less than 1.5 miles away.

Utilities are stubbed to the lot line and the zoning is confirmed. The prepared building envelope is suitable for medical uses such as orthopedics, dental, neurology, physical therapy, or multi-tenant healthcare.

Key Highlights

  • 1.54‑acre cleared parcel (1 lot) on an asphalt city street with city street frontage
  • Zoned BU‑1‑A with medical buildings permitted by right
  • Adjacent to DEUK Spine Institute and within walking distance of Viera Medical Center and the Surgery Center of Viera

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Hair Salon Big Box & Wholesale Store Electrical Service Daycare Center Auto Parts Store

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

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,193
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned BU-1-A medical development parcel with utilities stubbed and a two-story medical office building envelope.
Where is this commercial land located?
The property is located at 7965 Spyglass Hill Road Melbourne Melbourne, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 1.54‑acre cleared parcel (1 lot) on an asphalt city street with city street frontage; Zoned BU‑1‑A with medical buildings permitted by right; Adjacent to DEUK Spine Institute and within walking distance of Viera Medical Center and the Surgery Center of Viera
More about this property
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