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Updated Property on Busy US1
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4104 N Highway 1, Melbourne, FL 32935

Large property with updated buildings and high-traffic frontage on US1.

Property SizeContact for details
Lot Size3.44 Acres
Days on Market1722

Property Features for 4104 N Highway 1

General Information

Standard status Active
Lot size 3.44 Acres
Property subtype Retail, Land

Building Details

Year Built 1952
Stories 1
Units 5
Listing Agency: eXp Realty Orlando
Listed By: Julie Taylor · License #3329482
Source: Crexi
Added: Dec 11, 2021 Changed: Aug 19 Last Checked: Aug 29 at 4:54AM

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 eXp Realty Orlando

Investment Insights

Based on property information with market context.

This large property consists of 3.44 acres. The buildings at 4104 and 4106 N Highway 1 have been updated, making it suitable for office, retail, or residential use. The location features frontage on US 1, with a traffic count of 35,000 cars daily. The current zoning is BU-1 and RU-1-7, allowing for multiple uses. Sewer access is available next door, potentially allowing for an apartment or condo project with approximately 30 units. The property is elevated and offers views of the Indian River Coastal Waterway across the street. This property is best suited to be sold together to get your highest and best use.

Key Highlights

  • Excellent frontage on busy US 1 with high traffic count (35,000 cars daily).
  • Large 3.44 a/c property with multiple use zoning (BU‑1 & RU‑1‑7).
  • Potential for apartment/condo project (potential 30 units) with sewer access next door.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Restaurant Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 32935, FL

41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large property with updated buildings and high-traffic frontage on US1.
Where is this commercial land located?
The property is located at 4104 N Highway 1 Melbourne, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Excellent frontage on busy US 1 with high traffic count (35,000 cars daily).; Large 3.44 a/c property with multiple use zoning (BU‑1 & RU‑1‑7).; Potential for apartment/condo project (potential 30 units) with sewer access next door.
(321) 693-4888 Call to check price and availability
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