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    Eyster/Murrell Rockledge, FL 32955

    For Sale
    $590,000

    Prime 1.86-acre commercial lot in Rockledge, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.86-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Rockledge, Florida. Strategically located at the northeast corner of Murrell Road and Eyster Boulevard, this property boasts an impressive 455 feet of frontage along the east side of Murrell Road and approximately 165 feet of frontage along Eyster Boulevard, ensuring high visibility and accessibility. The site is zoned C-2 General Commercial, offering a wide array of potential uses. Permitted uses under this zoning include, but are not limited to, offices and professional buildings, restaurants, service stations, retail stores, hotels/motels, childcare facilities, and entertainment venues. This versatile zoning allows for significant flexibility in development plans, catering to a diverse range of businesses and investors. The property's prime location and expansive frontage make it an ideal site for a variety of commercial ventures, promising significant return on investment. The address is 0 Eyster/Murrell, Rockledge, FL 32955, situated in Brevard County. This vacant land is ready for development, presenting a unique chance to capitalize on the area's growth and potential. The asking price for this exceptional property is $590,000.

    Property Features for 0 Eyster/Murrell

    General Information

    Property type
    Land

    HighLights

    • 1.86‑acre commercial land parcel in Rockledge, FL.
    • High‑visibility location at the northeast corner of Murrell Road and Eyster Boulevard, with 455 ft of Murrell Road frontage and 165 ft of Eyster Boulevard frontage.
    • C‑2 General Commercial zoning allows for diverse uses including retail, restaurants, offices, and more.
    • Vacant land ready for development.
    • Asking price: $590,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockledge
    County
    Brevard
    State
    Florida
    Longitude
    -80.7219481
    Latitude
    28.3242102

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    FAQs

    What type of property is this?
    Land - Prime 1.86-acre commercial lot in Rockledge, FL.
    Where is this land located?
    The property is located at Eyster/Murrell Rockledge, FL.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: 1.86-acre commercial land parcel in Rockledge, FL.; High-visibility location at the northeast corner of Murrell Road and Eyster Boulevard, with 455 ft of Murrell Road frontage and 165 ft of Eyster Boulevard frontage.; C-2 General Commercial zoning allows for diverse uses including retail, restaurants, offices, and more.
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    Eyster/Murrell Rockledge, FL 32955
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    Rockledge, FL 32955
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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
    Eyster/Murrell Rockledge, FL 32955
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