8674 Illinois Ave Melbourne, FL 32904
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 8674 Illinois Ave
- Property type
- Commercial real estate
Description
This exceptional 22,216 square foot property, located at 8674 Illinois Avenue in Melbourne, Florida (zip code 32904), presents a unique investment opportunity. Situated in June Park, this sizable lot wraps around the block, offering access from three streets. The property features three drive-through gate openings, providing convenient access for vehicles and equipment. While the existing house on the property requires significant renovation or demolition, the eastern half has already been cleared, making it ready for new construction. The land is currently enclosed by a chain-link fence and boasts lush vegetation. The property is being sold "as is," with the seller making no improvements prior to sale. This presents a blank canvas for a variety of development projects, from residential to commercial ventures, offering significant potential for future growth and return on investment. The property's size and location in Melbourne, Brevard County, make it an attractive proposition for those seeking a substantial land parcel with multiple development possibilities. This is a rare opportunity to acquire a large, versatile lot in a desirable Florida location.
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
- -80.6836729
- Latitude
- 28.0701462
