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Melbourne Airport Commerce Center Land
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Lot 4 - Commerce Drive, Melbourne, FL 32904

Available land in the heart of Melbourne Airport community.

Property SizeContact for details
Lot Size4.68 Acres
Days on Market1160

Property Features for Lot 4 - Commerce Drive

General Information

Standard status Active
Lot size 4.68 Acres
Property subtype Land
Zoning City of Melbourne Light Industrial (M-1)
Listing Agency: The Ullian Realty Corporation
Listed By: Mike Ullian
Source: Crexi
Added: Jun 27, 2023 Changed: Aug 16 Last Checked: Aug 26 at 8:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Ullian Realty Corporation

Investment Insights

Based on property information with market context.

Available land totaling 4.68 acres, divisible into 0.70-acre lots. The property features master retention, city water and sewer services, FPL electric, and natural gas. Zoned M-1, the land is suitable for light assembly, light manufacturing, warehousing, and other uses. Deed restrictions require concrete or stucco front finishes and overhead doors to the back or side. Located in the Acopian Commerce Center within the Melbourne Airport community, the property is surrounded by employers such as Northrop Grumman, GE, L3Harris, Satcom Direct, and Extant Aerospace. It offers convenient access to Melbourne Square Mall, Downtown Melbourne, and various dining, daycare, and school options. Interstate 95, US1, and Nasa Boulevard are easily accessible. Estimated delivery is Q1 2024.

Key Highlights

  • M‑1 Zoning: Suitable for Light Assembly, Light Manufacturing, Warehousing & More
  • Located in the Heart of the Melbourne Airport Community near Major Employers
  • City Water/Sewer, FPL Electric, and Natural Gas Available

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Available land in the heart of Melbourne Airport community.
Where is this commercial land located?
The property is located at Lot 4 - Commerce Drive Melbourne, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: M‑1 Zoning: **Suitable for Light Assembly, Light Manufacturing, Warehousing & More**; Located in the Heart of the Melbourne Airport Community near Major Employers; City Water/Sewer, FPL Electric, and Natural Gas Available
More about this property
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