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    1100 Broadband Dr Melbourne, FL 32901

    Sponsored
    For Sale
    $450,000

    6,000 SF Pad Ready for Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,000 square foot commercial pad site, located at 1100 Broadband Drive in Melbourne, Florida (zip code 32901), presents a unique investment opportunity. Built in 2020, this property is zoned for retail use and offers a prime location within a thriving commercial corridor. The site requires adherence to the developer's shell design to maintain architectural consistency with existing buildings. However, the developer is willing to assist with the buyer's design and construction process, streamlining the development timeline. This strategic location boasts exceptional visibility and accessibility, situated between Steward and Health First Hospitals, and in close proximity to the Health First Gateway Facility. The property benefits from its position within the heart of Melbourne's High-Tech District, surrounded by major employers such as Harris, GE, Extant, Northrup Grumman, and Melbourne International Airport. Furthermore, its convenient access to I-95, US-1, and the beaches enhances its appeal. The asking price for this property is $450,000. While a net-net-net (NNN) lease may be negotiated, this listing focuses on the sale of the land itself. The lot size is not specified. This is an ideal opportunity for developers seeking a turnkey project in a high-growth area.

    Property Features for 1100 Broadband Dr

    General Information

    Property type
    Land

    Building Details

    Year Built
    2020
    Units
    1

    HighLights

    • 6,000 SF commercial pad site in Melbourne, FL (32901).
    • Built in 2020, zoned for retail use.
    • Prime location in thriving commercial corridor near Steward and Health First Hospitals.
    • High visibility and accessibility, near I‑95, US‑1, and beaches.
    • $450,000 asking price; land sale only (NNN lease negotiable).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6467086
    Latitude
    28.0910715

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    FAQs

    What type of property is this?
    Land - 6,000 SF Pad Ready for Development
    Where is this land located?
    The property is located at 1100 Broadband Dr Melbourne, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 6,000 SF commercial pad site in Melbourne, FL (32901).; Built in 2020, zoned for retail use.; Prime location in thriving commercial corridor near Steward and Health First Hospitals.
    Request Owner's contact information
    1100 Broadband Dr Melbourne, FL 32901
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    Melbourne, FL 32901
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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
    1100 Broadband Dr Melbourne, FL 32901
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