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    Commerce Dr Melbourne, FL 32901

    For Lease
    Contact for pricing

    40 Acres, Build-to-Suit Available

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 40-acre parcel of land in Melbourne, Florida, presents a unique opportunity for businesses seeking a build-to-suit development or ground lease. Located in Brevard County, the property is zoned for Melbourne Light Industrial use, providing flexibility for a wide range of industrial applications. The site offers significant acreage, allowing for substantial development potential, with options ranging from two to forty acres available. The property is designated as single-tenant occupancy, ensuring exclusivity and control. Interested parties can explore build-to-suit options tailored to their specific needs and specifications. Lease terms will be negotiated based on a mutually agreed-upon land value and a percentage-based annual rent structure. The final terms will be contingent upon factors such as the leased acreage, lease duration, and the tenant's creditworthiness. This prime location in Melbourne, Florida, offers excellent access to transportation networks and a thriving business community, making it an ideal location for industrial development. The zip code for this property is 32901. This is a rare opportunity to secure a substantial land parcel in a desirable industrial zone.

    Property Features for 0 Commerce Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Suite
    Size
    1 SF

    HighLights

    • Light Industrial zoning (City of Melbourne).
    • Suitable for office, engineering, R&D, manufacturing, and warehousing.
    • City utilities including sewer, water, fire, police, and FPL electric service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6554491
    Latitude
    28.0933433

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    FAQs

    What type of property is this?
    Land - 40 Acres, Build-to-Suit Available
    Where is this land located?
    The property is located at Commerce Dr Melbourne, FL.
    What are key features of this property?
    This property features: Light Industrial zoning (City of Melbourne).; Suitable for office, engineering, R&D, manufacturing, and warehousing.; City utilities including sewer, water, fire, police, and FPL electric service.
    Request Owner's contact information
    Commerce 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
    Commerce Dr Melbourne, FL 32901
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