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    1792 Dawn Dr Melbourne, FL 32935

    For Sale
    $249,999

    High-traffic corner lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 23,850 square foot commercial land parcel is strategically located at the highly visible, lighted intersection of Aurora Road and Dawn Drive in Melbourne, Florida. Zoned General Commercial 1, this property offers a multitude of development possibilities, including automotive, office, retail, multifamily, medical, bar, restaurant, convenience store, car sales, and coffee shop uses. Boasting 106 feet of frontage on Aurora Road and additional frontage on Dawn Drive, this corner lot benefits from exceptional visibility and high traffic counts. Its proximity to US-1 and less than two miles from Atlantic beaches ensures significant accessibility and desirability. The land is offered at $0.50 per square foot, with an asking price of $249,999. The property features ample parking capacity (40 spaces per 1,000 sq ft) and is sold as a fee simple ownership. Owner financing is available with a 30% down payment. APN: 2719421. This is a rare opportunity to acquire a prime commercial property in a thriving Florida location.

    Property Features for 1792 Dawn Dr

    General Information

    Property type
    Land

    HighLights

    • 106 feet of frontage on Aurora Road.
    • 225 feet of frontage on Dawn Drive.
    • Zoned General Commercial 1.
    • High‑traffic corner lot at a lighted intersection near US‑1.
    • Less than two miles from Atlantic beaches.
    • Owner financing available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.655965622165
    Latitude
    28.136078210545

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for various uses.
    Where is this land located?
    The property is located at 1792 Dawn Dr Melbourne, FL.
    What is the asking price?
    The asking price for this property is $249,999.
    What are key features of this property?
    This property features: 106 feet of frontage on Aurora Road.; 225 feet of frontage on Dawn Drive.; Zoned General Commercial 1.
    Request Owner's contact information
    1792 Dawn Dr Melbourne, FL 32935
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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
    1792 Dawn Dr Melbourne, FL 32935
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