Entity Owned Property summary
The property consists of a 6,000-square-foot pad site designed to be ready for new construction, with site-plan modifications available for parking layout. Development is intended to conform to the developer’s shell design to align with other buildings within the same site. The corridor location is between Steward and Health First Hospitals, near the Health First Gateway Facility, and the site lies within the High-Tech District near major employers and Melbourne International Airport, with convenient access to I-95, US-1, and the beaches. The property is configured to allow for commercial leasing under a triple-net (NNN) structure, subject to negotiation.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Melbourne, FLThe provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Melbourne, FL.
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