9175 Ellis Rd West Melbourne, FL 32904
For Lease
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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.
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
IU · 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.