Pad 5 St Johns Heritage Pkwy & Heritage Lk Blvd West Melbourne, FL 32904
- Retail properties
- 71,874 SF
- 1.65 lot acres
Current Use by Public Records
- Retail properties
Property Details for Pad 5 St Johns Heritage Pkwy & Heritage Lk Blvd
- Lot size
- 1.65 lot acres
- Property size
- 71,874 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 1.65-acre commercial land parcel presents a unique investment opportunity in West Melbourne, Florida. Located at the highly visible intersection of St. Johns Heritage Parkway and Heritage Lakes Boulevard (Pad 5), this Class A property boasts 71,874 square feet and is zoned for Gateway Interchange West Melbourne. The site benefits from its strategic position within the Heritage Lakes mixed-use development, a thriving community featuring a 150-unit single-family residential subdivision (currently 100% occupied) and a 374-unit multi-family apartment complex (currently leasing). This ensures a substantial and growing customer base for any retail establishment. The property is ideally suited for a bank, convenience store, or quick-service restaurant (QSR), with existing tenants including Dollar General, Starbucks, Taco Bell, and Wawa nearby, demonstrating strong market demand. The parcel offers excellent ingress and egress, facilitated by a soon-to-be-signalized intersection, ensuring convenient access for customers and employees. This fee-simple ownership opportunity provides immediate access to a vibrant and expanding market, making it an attractive investment for discerning buyers. The property's APN is 3027549. This prime location within a rapidly developing mixed-use community offers significant potential for long-term growth and profitability. The property is offered for sale by owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.7123
- Latitude
- 28.093
