Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    4156 Parkway Dr Melbourne, FL 32934

    Sponsored
    For Sale
    $475,000

    Prime Melbourne land, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 129,373 square foot lot presents a unique opportunity in Melbourne, Florida. Located at 4156 Parkway Drive, Brevard County, zip code 32934 (28.1591694, -80.6954155), this property offers a blend of commercial and residential zoning potential. The expansive lot features a pre-existing pond, adding to its natural beauty and potential for landscaping. Mature fruit trees and boulders are also present, offering established elements for a visually appealing development. The property's size allows for a variety of development options, from commercial ventures to residential projects, or a combination of both. Its location in the heart of Lake Washington provides convenient access to local amenities and infrastructure. The adjacent property (MLS# 1021527), encompassing approximately 5 acres with a house, pool, lake, and workshop, is also available for purchase, presenting a compelling opportunity for a larger-scale acquisition. The seller is motivated, making this an attractive investment for developers seeking a substantial land parcel with significant potential. The asking price for this remarkable property is $475,000.

    Property Features for 4156 Parkway Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Clothing Store Kitchen & Bath HVAC Service Bar & Pub Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6954155
    Latitude
    28.1591694

    Nearby Similar for Sale

    • $757,997
      1,823 SF

      Historic Home in Arts District

      Restored 1928 home near Eau Gallie Arts District.
      1248 Highland Ave, Melbourne, FL 32935
      View Details
    • New
      $2,849,000
      8,108 SF

      Two Office Buildings on US1

      Two office buildings on US1 in Melbourne, Florida for sale.
      525 N Harbor City Blvd, Melbourne, FL 32935
      View Details
    • $489,000
      2.51 Acres

      Equestrian Estate with Six-Stall Barn

      2.5-acre equestrian estate featuring a six-stall barn and updated utilities.
      3900 Miami Ave, Melbourne, FL 32904
      View Details
    • $1,700,000
      9,000 SF

      Historic Landmark in Downtown Melbourne

      9000 sq ft historic property with redevelopment potential.
      1824 S Harbor City Blvd, Melbourne, FL 32901
      View Details
    • $1,500,000
      4,948 SF

      Versatile Commercial Property in Melbourne

      Former nursing school suitable for educational, medical, or professional use.
      111 Scott St, Melbourne, FL 32901
      View Details
    • $1,480,000
      7,728 SF

      Melbourne Multifamily Investment Opportunity

      Eleven units near employers, beaches, mall, and airport.
      89 NW Irwin Ave, Melbourne, FL 32904
      View Details
    • $2,400,000
      8,034 SF

      Wickham Road Commercial Property

      Prime commercial property with high visibility and convenient access.
      580 S Wickham Rd, Melbourne, FL 32904
      View Details
    • $875,000
      4,070 SF

      Downtown Melbourne Commercial Opportunity

      Two-building commercial property in the heart of Downtown Melbourne.
      604 E New Haven Ave, Melbourne, FL 32901
      View Details
    • $1,200,000
      7,402 SF

      Turnkey Restaurant Opportunity in Melbourne

      Well-known Italian restaurant with liquor license in premier shopping destination.
      6630 Colonnade Ave, Melbourne, FL 32940
      View Details
    • $599,000
      1,994 SF

      Medical/Professional Office Condo in Melbourne

      Upscale medical/professional/retail office condo in Brevard Medical City.
      6549 N Wickham Rd, Melbourne, FL 32940
      View Details
    • New
      $279,500
      1,429 SF

      Commercial Building with Flexible Zoning

      Office building with two suites and detached garage.
      2299 Sarno Rd, Melbourne, FL 32935
      View Details
    • $269,000
      1,283 SF

      Commercial Office Unit in Melbourne

      Second floor office unit with private restrooms and reception area.
      2955 Pineda Plaza Way, Melbourne, FL 32940
      View Details

    FAQs

    What type of property is this?
    Land - Prime Melbourne land, ideal for mixed-use development.
    Where is this land located?
    The property is located at 4156 Parkway Dr Melbourne, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    Request Owner's contact information
    4156 Parkway Dr Melbourne, FL 32934
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4156 Parkway Dr
    Melbourne, FL 32934
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4156 Parkway Dr Melbourne, FL 32934
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.