Pad 3 St Johns Heritage Pkwy & Heritage Lk Blvd West Melbourne, FL 32904
- Retail properties
- 94,089 SF
- 2.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for Pad 3 St Johns Heritage Pkwy & Heritage Lk Blvd
- Lot size
- 2.16 lot acres
- Property size
- 94,089 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 2.16-acre commercial land parcel, located at the highly visible intersection of St. Johns Heritage Pkwy and Heritage Lakes Blvd in West Melbourne, Florida (zip code 32904), presents a unique investment opportunity. The property, identified by APN 3027549, is offered fee simple and boasts a total of 94,089 square feet. Currently occupied by a diverse mix of established national tenants including Dollar General, Starbucks, Taco Bell, and Wawa, this Class A property benefits from its strategic location within the 280+-acre Heritage Lakes mixed-use development. This development includes a 150-unit single-family residential subdivision (The Dunes at Heritage Lakes, currently 100% occupied) and a 374-unit multi-family apartment complex (Eden Apartments, currently leasing phase 1). The property's zoning, Gateway Interchange West Melbourne, allows for a variety of uses. The site is situated at a soon-to-be signalized intersection, ensuring excellent visibility and accessibility for businesses. Abundant ingress and egress points further enhance its appeal. This prime retail location offers significant potential for investors seeking a high-return, multi-tenant property in a rapidly growing area of West Melbourne. The property's strong tenant mix and strategic placement within a thriving mixed-use development make it an exceptional investment opportunity.
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
