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Property profile & analytics
OFF-MARKET
Commercial real estate

600 Tucker St Melbourne, FL 32901

Property ID
US18-5392442
Property summary
AI-generated overview

This exceptional 4,356 square foot vacant lot presents a rare opportunity for development in the desirable city of Melbourne, Florida. Located at 600 Tucker Street, this property boasts a prime corner location within an established neighborhood, offering unparalleled convenience and accessibility. Its strategic position provides easy access to a wealth of amenities, including the Florida Institute of Technology, a variety of shopping centers, restaurants, and area schools. Residents will also appreciate the short commute to the vibrant Historic Downtown Melbourne, the picturesque Indian River, and the beautiful area beaches. The property is zoned for both commercial and residential use, opening up a wide range of development possibilities for savvy investors. This versatile lot allows for the creation of a mixed-use development, catering to a diverse range of needs and preferences. The asking price for this remarkable property is $25,000. Furthermore, financing options are available through Seacoast Bank for those seeking vacant land loans for either a primary or secondary residence. Don't miss this chance to acquire a highly sought-after piece of land in a thriving Florida community. Act quickly, as opportunities like this are seldom available.

Property profile
Verified
Property type Commercial real estate
UPID US18-5392442
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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