1831 Penn St Melbourne, FL 32901
- Industrial land
- 2.67 lot acres
Current Use by Public Records
- Industrial land
Property Details for 1831 Penn St
- Lot size
- 2.67 lot acres
- Zone code
- M1
- Property type
- Industrial land
- APN
- 27-37-32-50-00000.0-0005.00
- APU
- 9223372036854775807
Description
This exceptional 2.67-acre industrial land parcel presents a unique build-to-suit opportunity in Melbourne, Florida. Located at 1831 Penn St, this single-tenant site boasts an estimated 299 feet of frontage on Penn Street and a maximum depth of approximately 406 feet. The property is zoned M-1 (City of Melbourne Light Industrial), allowing for a variety of uses including light manufacturing, assembly, office space, and warehousing. Conveniently situated between NASA Boulevard and Hibiscus Boulevard, this location offers easy access to major transportation arteries such as Interstate 95, US Highway 1, and US 192. Its proximity to Melbourne International Airport, L3Harris, Northrop Grumman, and other significant employers in the Space Coast submarket makes it an ideal location for businesses seeking a strategic advantage. Nearby utilities include city water and sewer, FPL electric, and fiber optic access. Lease rates will be determined based on lease terms and tenant creditworthiness. This is an exceptional opportunity to establish your business in a thriving, high-demand area. The APN is 27-37-32-50-*-5, Brevard County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6521
- Latitude
- 28.0876
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
