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Property profile & analytics
OFF-MARKET
Warehouses

0000 Commerce Dr Melbourne, FL 32904

Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a rare chance to acquire a highly desirable 0.70-acre industrial lot (Lot 4) in the thriving Melbourne Airport community. Part of a larger 4.68-acre parcel, this property is available for individual purchase or as part of a larger package. The lot boasts convenient access to major transportation arteries including Interstate 95, US1, and NASA Boulevard, ensuring seamless logistics for your business. City water, sewer, FPL electric, and natural gas are projected for delivery in Q1 2024. Zoned Light Industrial (M1), the property is ideal for light assembly, light manufacturing, warehousing, and various other commercial uses. The strategic location offers proximity to major employers such as Northrop Grumman, GE, L3Harris, Satcom Direct, and Extant Aerospace, as well as amenities like Melbourne Square Mall and Downtown Melbourne. This prime location provides easy access to dining, daycare, and schools, making it an attractive option for employees. Don't miss this chance to establish your business in a dynamic and well-connected area. The total land area is 30,492 square feet.

Property profile
Verified
Property type Warehouses
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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