and US 192 Coastal Ln Melbourne, FL 32904

Property Details for and US 192 Coastal Ln

Lot size

16.73 lot acres

Property type

Land

Description

This exceptional 16.73-acre commercial land parcel presents a significant investment opportunity in West Melbourne, Florida. Strategically located at the intersection of Coastal Lane and US 192, this property boasts exceptional visibility and accessibility. The site comprises three parcels (28-36-10-00-16, 28-36-03-00-758, and 28-36-02-00-505) and benefits from CP zoning with an Interchange Commercial Overlay, permitting a wide range of uses including hotels, retail stores, restaurants, professional offices, and approved commercial recreation. Situated in a thriving business area, the property is surrounded by major retailers, hotels, auto dealerships, restaurants, and entertainment venues. Its location at the end of Coastal Lane, within the Coastal Commerce Center, ensures easy ingress and egress directly from US 192 via a signalized intersection. The property enjoys approximately 700 feet of frontage along northbound Interstate 95, a major thoroughfare with an Average Daily Traffic Count exceeding 80,500 vehicles. Furthermore, its proximity to the Space Coast Town Center, a 225-acre mixed-use development encompassing residential, commercial, and recreational components, adds to its long-term value and potential. This prime location offers unparalleled exposure and access to a large and growing consumer base. The asking price is $6,250,000.

Location Insight

City

Melbourne

County

Brevard

State

Florida

Longitude

-80.7035

Latitude

28.0789