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Property profile & analytics
OFF-MARKET
Land

6915 Sheridan Rd Melbourne, FL 32904

Property ID
Property summary
AI-generated overview

This exceptional 33,541 square foot commercial and residential lot is located at 6915 Sheridan Road in Melbourne, Florida, zip code 32904. Priced at $325,000, this cleared lot presents a unique opportunity for development. Its prime location in Melbourne Village offers easy access to major employers, including Northrup Grumman Headquarters and General Electric, as well as Orlando/Melbourne International Airport (MLB). The property benefits from proximity to beaches, shopping, and restaurants, enhancing its appeal and potential for various uses. Melbourne Village provides a family-friendly atmosphere with community events, walking trails, catering halls, and a community pool (with an optional AHF membership). Importantly, there is no HOA, and the area enjoys deputy-patrolled security. The existing home has been removed, leaving the lot cleared and ready for immediate construction, making this an ideal opportunity for developers or those seeking to build a custom home in a desirable location. The property's size and location make it suitable for a range of commercial and residential projects. This is a rare opportunity to acquire a large, well-situated lot in a thriving community.

Property profile
Verified
Property type Land
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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