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Property profile & analytics
FOR LEASE
Industrial land

9175 Ellis Rd West Melbourne, FL 32904

2.35 ac lot
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US18-6643911
Property summary
AI-generated overview

This exceptional 2.35-acre commercial/industrial land parcel presents a unique build-to-suit opportunity in West Melbourne, Florida. Located on Ellis Road, the property boasts approximately 188 feet of frontage, offering high visibility and exposure to significant traffic. The lot, measuring approximately 188' x 573', is zoned M-1 by the City of West Melbourne, allowing for a variety of uses including warehousing, light manufacturing, contractor yards, automotive businesses, recycling centers, and more. Its prime location in the heart of Melbourne's industrial market places it near the intersection of Ellis Road and John Rodes Boulevard, less than half a mile from the I-95 interchange, providing easy access to Central and South Florida. The property benefits from its proximity to major employers such as Melbourne International Airport, L3Harris, Northrop Grumman, GE, and Extant Aerospace. This build-to-suit opportunity allows for a customized development tailored to a tenant's specific needs. Lease terms will be determined based on an agreed-upon land value and percentage-based annual rent, subject to lease length and tenant creditworthiness. The property's APN is 27-36-35-00-275, and it's situated in Brevard County within the Space Coast submarket, offering a strategic location for businesses seeking a strong presence in this thriving area. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes and key employers.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.35 ac (102,366 SF)
Zoning code IU
APN 27-36-35-00-00275.0-0000.00
UPID US18-6643911
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John A Christiano · 17 yrs held
John A Christiano
since 2009
Last sale
$46,000
2 recorded transactions
2009
Price N/A
2001
$92,500
Zoning & alternative use
IU · West Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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