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    6915 Sheridan Rd Melbourne, FL 32904

    For Sale
    $325,000

    Prime 33,541 SF lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 33,541 square foot commercial and residential lot is located at 6915 Sheridan Road in Melbourne, Florida, zip code 32904. Priced at $325,000, this cleared lot presents a unique opportunity for development. Its prime location in Melbourne Village offers easy access to major employers, including Northrup Grumman Headquarters and General Electric, as well as Orlando/Melbourne International Airport (MLB). The property benefits from proximity to beaches, shopping, and restaurants, enhancing its appeal and potential for various uses. Melbourne Village provides a family-friendly atmosphere with community events, walking trails, catering halls, and a community pool (with an optional AHF membership). Importantly, there is no HOA, and the area enjoys deputy-patrolled security. The existing home has been removed, leaving the lot cleared and ready for immediate construction, making this an ideal opportunity for developers or those seeking to build a custom home in a desirable location. The property's size and location make it suitable for a range of commercial and residential projects. This is a rare opportunity to acquire a large, well-situated lot in a thriving community.

    Property Features for 6915 Sheridan Rd

    General Information

    Property type
    Land

    HighLights

    • 33,541 SF cleared commercial/residential lot in Melbourne, FL.
    • $325,000 asking price.
    • Prime Melbourne Village location near Northrup Grumman, General Electric, and MLB Airport.
    • Convenient to beaches, shopping, and restaurants.
    • No HOA; deputy‑patrolled security.
    • Ready for immediate construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6708491
    Latitude
    28.0887903

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    FAQs

    What type of property is this?
    Land - Prime 33,541 SF lot, ready to build.
    Where is this land located?
    The property is located at 6915 Sheridan Rd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 33,541 SF cleared commercial/residential lot in Melbourne, FL.; $325,000 asking price.; Prime Melbourne Village location near Northrup Grumman, General Electric, and MLB Airport.
    Request Owner's contact information
    6915 Sheridan Rd Melbourne, FL 32904
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    Melbourne, FL 32904
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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
    6915 Sheridan Rd Melbourne, FL 32904
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