2150 Dairy Rd West Melbourne, FL 32904-5242
This exceptional 1.98-acre property at 2150 Dairy Road in Melbourne, Florida, presents a unique investment opportunity. The 9,288 square foot building, zoned I-B Integrated Business, offers versatile commercial and residential potential. Currently featuring a full commercial kitchen, large bar area, banquet room, and multiple meeting rooms, the structure is ideal for a variety of uses. Alternatively, the property's zoning and location provide incredible redevelopment possibilities. Situated on busy Dairy Road, just 200 yards from US-192, this location benefits from high visibility and traffic, with over 35,000 vehicles daily passing the intersection of Dairy Road and US-192, according to FDOT data. The asking price for the entire 1.98-acre property with the building is $1,500,000. A separate offering of the building and approximately one acre of land is available for $895,000. This prime Brevard County location in zip code 32904 offers significant upside for savvy investors seeking a high-traffic, multi-use property. The property's size and zoning allow for a wide range of development options, making it an attractive prospect for both established businesses and new ventures. Don't miss this chance to acquire a substantial property in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · West Melbourne, FLWest Melbourne. Always verify with local authorities before improvements.
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.