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    1402 Lavender Dr Dr Melbourne, FL 32940

    • Land
    For Sale
    View listing
    $235,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1402 Lavender Dr Dr

    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.716
    Latitude
    28.2066

    Comparable in this City

    • Value Estimation by Request

      1492 Lavender Dr

      Land
      1492 Lavender Dr, Melbourne, FL 32940
      View Details
    • Value Estimation by Request

      7904 Risen Star Pl

      Land
      7904 Risen Star Pl, Melbourne, FL 32940
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    • Value Estimation by Request

      1582 Lavender Dr

      Land
      1582 Lavender Dr, Melbourne, FL 32940
      View Details
    • Value Estimation by Request

      1472 Lavender Dr

      Land
      1472 Lavender Dr, Melbourne, FL 32940
      View Details
    • Value Estimation by Request

      1011 Italia Ct

      Land
      1011 Italia Ct, Melbourne, FL 32940
      View Details
    • Value Estimation by Request

      1432 Patriot Dr

      Land
      1432 Patriot Dr, Melbourne, FL 32940
      View Details

    Similar Nearby for Sale

    • $229,000

      Prime Melbourne Waterfront Lot

      Luxury homesite, .31 acres, waterfront views
      1492 Lavender Dr, Melbourne, FL 32940
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      Viera Commercial/Residential Land

      Prime Viera lot, 20,908 sq ft, build your dream home.
      1402 Lavender Dr Dr, Melbourne, FL 32940
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    • $85,000

      Melbourne Commercial Land Investment

      7,841 SF Commercial/Residential Lot
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      Melbourne Commercial Land - Viera

      .65-Acre Lot, Build Your Dream
      7904 Risen Star Pl, Melbourne, FL 32940
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    • $210,000

      Melbourne Commercial Land - $210K

      Build Your Dream Home on 0.32 Acres
      1011 Italia Ct, Melbourne, FL 32940
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    • $2,750,000
      5,400 SF

      Prime Commercial Property, FL Highway 1

      Retail & Land, High-Income Potential
      5120 Highway 1, Melbourne, FL 32940
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail Outlots Available

      Retail outlots for sale, ground lease, or build to suit.
      5585 N Wickham Rd, Melbourne, FL 32940
      View Details
    • $3,500 /Mo

      Commercial Land for Rent

      1.36 acre commercial land available for rent.
      6440 Highway 1 N, Melbourne, FL 32940
      View Details
    • Contact for pricing

      Prime Retail Outlots Available

      Retail outlots for sale, ground lease, or build to suit.
      5565 N Wickham Rd, Melbourne, FL 32940
      View Details
    • Contact for pricing

      Retail and Outparcels For Lease

      Junior box retail and outparcels available for lease.
      4809 N Wickham Rd, Melbourne, FL 32940
      View Details
    • $28 SF/Yr
      5,984 SF

      Prime Retail Space, Wickham Rd

      High-traffic location, two suites available
      6455 Wickham Rd, Melbourne, FL 32940
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    • $3,500 /Mo
      1,052 SF

      Office with Garage and Lot

      Office space with garage and large lot for outdoor storage.
      2735 Allen Hill Ave, Melbourne, FL 32940
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    1402 Lavender Dr Dr
    Melbourne, FL 32940
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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
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