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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

Pad 6 St Johns Heritage Pkwy & Heritage Lk Blvd West Melbourne, FL 32904

75,794 SF 1.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.74-acre commercial land parcel, located in West Melbourne, Florida (Brevard County, zip code 32904), presents a unique investment opportunity. Situated at the highly visible intersection of St. Johns Heritage Parkway and Heritage Lakes Boulevard (Pad 6), this Class A property boasts 75,794 square feet and benefits from a prime location within the thriving Heritage Lakes mixed-use development. The development includes a 150-unit single-family residential subdivision (currently 100% occupied) and a 374-unit multi-family apartment complex (currently leasing). This ensures a substantial and growing customer base for your retail venture. The property is zoned for Gateway Interchange West Melbourne and is offered fee simple. Existing tenants include nationally recognized brands such as Dollar General, Starbucks, Taco Bell, and Wawa, demonstrating the area's strong retail demand. The parcel's strategic placement at a soon-to-be signalized intersection provides excellent visibility and accessibility, ensuring ample ingress and egress for customers. This is a rare opportunity to acquire a well-located, high-demand retail property in a rapidly expanding area. The APN is 3027549. This property is for sale by owner.

Property profile
Verified
Property type Retail properties & Spaces
Total area 75,794 SF
Lot 1.74 ac (75,794 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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