1737 Hibiscus Blvd Melbourne, FL 32901
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in Brevard County, Florida. Located at 1737 W Hibiscus Blvd, Melbourne, FL 32901, this property boasts a highly desirable location near the Orlando Melbourne International Airport, offering unparalleled access to both local and international commerce. The lot features 142 feet of frontage on Hibiscus Boulevard and a depth of 445 feet, providing ample space for development. Currently zoned C-C2/General Commercial (with a detailed permitted uses table available upon request), this property allows for the construction of up to 20,000 square feet. Its strategic location places it in close proximity to major aerospace companies including Rockwell Collins, Thales Avionics, Harris Corporation, Northrup Grumman, Embraer, and Extant Aerospace, fostering a robust and thriving business environment. Furthermore, its designation as an Opportunity Zone adds significant investment appeal. This property offers a rare chance to capitalize on the growth and potential of this dynamic area. The asking price is $900,000. Contact us today to learn more about this exceptional opportunity.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.