I-95 And Coastal Ln Melbourne, FL 32904
- Warehouses
- 1,089,392 SF
- 25.01 lot acres
Current Use by Public Records
- Warehouses
Property Details for I-95 And Coastal Ln
- Lot size
- 25.01 lot acres
- Property size
- 1,089,392 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 25-acre industrial property in West Melbourne, Florida, presents a compelling investment opportunity. Strategically located near I-95 and Coastal Lane (zip code 32904), this vacant land boasts 1,865 feet of I-95 frontage, providing unparalleled visibility and accessibility. The property is zoned M-2 General Industrial, permitting a wide range of uses including manufacturing, assembly, and warehousing. With a total area of 1,089,392 square feet, the site offers significant development potential. Access is facilitated by three public right-of-ways to John Rodes Blvd and Coastal Lane, and a 30-foot wide access and utilities easement runs along the eastern border. The property's proximity to the new I-95 interchange at Ellis Road, offering direct access to Orlando Melbourne International Airport, and the under-construction Space Coast Town Center, a 170-acre mixed-use development, further enhances its value. While public water is available within 575 feet, and sewer service is approximately 650 feet away, requiring a lift station, the City of West Melbourne is prepared to extend main lines. This location benefits from Brevard County's thriving aerospace industry, home to major players like NASA's Kennedy Space Center and Blue Origin. The asking price is $3,500,000, translating to $3.21 per square foot. Tax ID: 2704573; PID: 27-36-34-00-1. This property represents a rare chance to acquire a large, well-situated industrial parcel in a rapidly growing area.
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
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.7039
- Latitude
- 28.0802