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    5075 Eau Gallie Blvd Melbourne, FL 32934

    For Sale
    $6,750,000

    17 Acres, Prime Industrial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 17.26-acre industrial land parcel presents a significant investment opportunity in Melbourne, Florida. Strategically located at 5075 W. Eau Gallie Blvd., this property enjoys direct access to the I-95 ramp, providing unparalleled connectivity to major transportation arteries. Its zoning permits industrial use, making it ideal for various applications, including equipment and truck storage. The site benefits from readily available utilities, including Florida Power & Light, City of West Melbourne water, and waste services. Proximity to Interstate 4 and Orlando International Airport further enhances its logistical advantages. The robust economic environment of the Space Coast, fueled by a thriving aerospace industry and a substantial workforce exceeding 147,850 employees, creates a compelling backdrop for development. Estimated 2023 property taxes are $2,307,280. This vacant land offers substantial potential for businesses seeking a strategic location with excellent access and infrastructure. The asking price for this prime industrial property is $6,750,000. Brevard County location, zip code 32934.

    Property Features for 5075 Eau Gallie Blvd

    General Information

    Property type
    Land
    Lot Size
    751,846 SF

    HighLights

    • 17.26‑acre industrial land parcel in Melbourne, FL.
    • Excellent I‑95 access and proximity to I‑4 and Orlando International Airport.
    • Zoned for industrial use, ideal for equipment and truck storage.
    • Utilities readily available (FP&L, City of West Melbourne water & waste).
    • Asking price: $6,750,000; 2023 estimated property taxes: $2,307,280.
    • Located in Brevard County, zip code 32934.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon 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
    -80.710574861034
    Latitude
    28.120483859798

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    FAQs

    What type of property is this?
    Land - 17 Acres, Prime Industrial Location
    Where is this land located?
    The property is located at 5075 Eau Gallie Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: 17.26-acre industrial land parcel in Melbourne, FL.; Excellent I-95 access and proximity to I-4 and Orlando International Airport.; Zoned for industrial use, ideal for equipment and truck storage.
    Request Owner's contact information
    5075 Eau Gallie Blvd 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
    5075 Eau Gallie Blvd Melbourne, FL 32934
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