Property profile

2920 Dairy Rd Melbourne, FL 32904

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional one-acre commercial lot, located at 2920 Dairy Road in West Melbourne, Florida, presents a unique investment opportunity. Boasting a generous 43,560 square feet, this property is ideally situated near a vibrant array of amenities, including shopping centers, diverse restaurants, and the cultural heart of Downtown Melbourne. Beach access is also conveniently within a short driving distance. The lot itself offers a blend of natural beauty and practicality. Partially cleared and filled, it features mature oak trees, adding to its aesthetic appeal. Its dimensions approximate 70 feet wide and 600 feet deep, providing ample space for development. City water and septic services are readily available, simplifying the development process. Currently zoned Agricultural, this property offers significant potential for various commercial ventures. The strategic location, combined with the lot's size and existing infrastructure, makes this an attractive proposition for discerning investors seeking a foothold in a thriving Florida market. The property's address is 2920 Dairy Road, Melbourne, FL 32904.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2920 Dairy Rd Melbourne, FL 32904
Melbourne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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