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Property profile & analytics
OFF-MARKET
Land

0 Lot 3 - Commerce Dr Melbourne, FL 32904

0.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.7-acre industrial lot, situated in the Acopian Commerce Center in Melbourne, Florida (Lot 3 - Commerce Drive, 32904), presents a unique investment opportunity. Zoned M-1 (City of Melbourne Light Industrial), this property allows for light assembly, light manufacturing, and warehousing. The lot boasts city water and sewer, FPL electric, and natural gas access. Deed restrictions ensure a high-quality development with concrete/stucco front finishes and an overhead door to the rear or side. Estimated delivery is Q1 2024. This prime location offers easy access to Interstate 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 amenities including dining, daycare, and schools. The property is part of a larger 4.68-acre site, offering flexibility for potential expansion or acquisition of adjacent lots. This is an ideal location for businesses seeking a strategic presence in the thriving Melbourne Airport community. The asking price is $420,000.

Property profile
Verified
Property type Land
Lot 0.7 ac (30,492 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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