0 Lot 3 - Commerce Dr Melbourne, FL 32904
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.
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
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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.