825 John Rodes Blvd West Melbourne, FL 32904

This exceptional 18.76-acre industrial land parcel, located at 825 S John Rodes Blvd, West Melbourne, FL 32904, presents a significant development opportunity. Zoned M-1 Light Industrial, this property boasts 631+ feet of frontage on John Rodes Blvd, a two-lane paved road, ensuring excellent highway exposure. The site's dimensions are approximately 631+ feet on John Rodes Blvd, 1,287+ feet on the north boundary, 624+ feet on the east boundary, and 1,288+ feet on the south boundary. While approximately 7.2 acres are wetlands, development is potentially feasible with estimated mitigation costs of $150,000 per acre. Conveniently situated, the property benefits from an 8" water main at the southeast corner of John Rodes Blvd and Ellis Road, and gravity sewer access on John Rodes Blvd near Fortune Place Industrial Park. Currently, a Lamar Billboard lease generates $3,000 annually, renewing yearly on July 1st, with the next renewal concluding June 30th, 2024, and a 60-day termination notice. The property is free of apparent adverse easements or encroachments. This offering presents a compelling investment prospect for industrial development in a strategic location. The asking price is $4,033,400.