Melbourne Executive District Vacant
For Sale
Contact for pricing
1150 Gateway Dr, Melbourne, FL 32901
23.24-acre commercial land parcel in Melbourne Executive District.
Property SizeContact for details
Lot Size23.24 Acres
Days on Market3289
Property Features for 1150 Gateway Dr
General Information
Standard status
Active
Lot size
23.24 Acres
Property subtype
Land
Zoning
M-1 Commercial
Listing Agency:
Dreyer & Associates Real Estate Group
(321) 508-6422
Listed By:
Michael Dreyer · License #150185
Source:
Crexi
Added: Aug 28, 2017
Changed: Aug 16
Last Checked: Aug 26 at 6:31PM
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 Dreyer & Associates Real Estate Group
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Prime location in the Melbourne Executive District, surrounded by major engineering and corporate firms.
- M‑1 Commercial zoning allows for diverse development options.
- Significant traffic counts on surrounding roads.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
768
Businesses Nearby
Explore this area
Business Placement
Demographics for 32901, FL
26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 23.24-acre commercial land parcel in Melbourne Executive District.
Where is this commercial land located?
The property is located at 1150 Gateway Dr Melbourne, FL.
What is the asking price?
The asking price for this property is $21,000,000.
What are key features of this property?
This property features: Prime location in the Melbourne Executive District, surrounded by major engineering and corporate firms.; M‑1 Commercial zoning allows for diverse development options.; Significant traffic counts on surrounding roads.
