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    4025 Eau Gallie Blvd Melbourne, FL 32934

    Sponsored
    For Sale
    $2,000,000

    High-Visibility Mixed-Use Development Opportunity

    Property size:
    83,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.91-acre commercial property, located at 4025 W Eau Gallie Blvd in Melbourne, Florida (zip code 32934), presents a unique build-to-suit, ground lease, or sale opportunity. The property boasts 83,200 square feet and is currently vacant, offering flexibility for a variety of uses. Zoned M-1, it's ideally suited for mixed-use development, including pharmacy/drug store, quick-service restaurant (QSR), and shopping center uses. The site features an existing master retention pond and all utilities are readily available. A significant advantage is its high visibility and accessibility, situated in the Eau Gallie Point subdivision with excellent access to major roadways. Daily traffic counts are substantial, with 20,200 vehicles per day on Eau Gallie Boulevard and 16,200 vehicles per day on Sarno Road. The property's location in Brevard County, Florida, within the thriving Space Coast region, offers access to a diverse workforce and a dynamic market. The asking price for this prime commercial land is $2,000,000. The property's APN is 27-36-23-07-*-1. A landlord is prepared to construct an 80,000 square foot building with a strong tenant profile. This presents a rare chance to establish a significant presence in a high-traffic area with excellent growth potential. The property is suitable for a variety of commercial ventures, making it an attractive investment opportunity.

    Property Features for 4025 Eau Gallie Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    83,200 SF
    Lot Size
    83,200 SF

    HighLights

    • $2,000,000 asking price for 1.91 acres of M‑1 zoned land.
    • Build‑to‑suit (BTS), ground lease, or sale options available.
    • On‑site master retention pond.
    • All utilities available on‑site.
    • Landlord will build an 80,000 square foot building with a strong tenant profile.
    • High traffic counts: 20,200 VPD on Eau Gallie Blvd and 16,200 VPD on Sarno Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6957689
    Latitude
    28.1207882

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    FAQs

    What type of property is this?
    Lifestyle center - High-Visibility Mixed-Use Development Opportunity
    Where is this lifestyle center located?
    The property is located at 4025 Eau Gallie Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price for 1.91 acres of M-1 zoned land.; Build-to-suit (BTS), ground lease, or sale options available.; On-site master retention pond.
    Request Owner's contact information
    4025 Eau Gallie Blvd Melbourne, FL 32934
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    Melbourne, FL 32934
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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
    4025 Eau Gallie Blvd Melbourne, FL 32934
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