0 Commerce Dr Melbourne, FL 32904
This 0.7-acre industrial lot, situated in the Acopian Commerce Center in Melbourne, Florida (zip code 32904), is zoned for light assembly, light manufacturing, and warehousing. The property boasts city water and sewer, FPL electric, and natural gas access. Deed restrictions mandate concrete or stucco front finishes and an overhead door to the rear or side. Estimated delivery is Q1 2024. This prime location offers easy access to I-95, US1, and NASA Boulevard, placing your business near major employers like Northrop Grumman, GE, L3Harris, Satcom Direct, and Extant Aerospace. The area also provides convenient access to Melbourne Square Mall, downtown Melbourne, and various dining, daycare, and schooling options. The lot is part of a larger 4.68-acre parcel, with the possibility of purchasing additional acreage. This presents a unique opportunity to establish your business in a thriving, well-connected industrial hub. The asking price is $420,000. The property is privately owned and is designated as City of Melbourne Light Industrial (M-1) zoning. Master retention is in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.