For Sale

22.54±AC Development Site | Adjacent to Orlando-Melbourne Int'l Airport | Retail/Office/Hotel/Motel/Possible Multi-Family

1150 Gateway Drive,
Melbourne, FL 32935

Asset Snapshot

22.54 Acres
Land Area

Offering Summary

Investment Overview

This 22.54 Acre, vacant, rectangle-shaped parcel is nestled in the heart of the Melbourne Executive District. Zoned M-1 Commercial, possible uses include (but are not limited to): Office/Hotel/Motel/Restaurant/Retail/Convention Center/Bank. Flanked by large engineering and corporate firms, traffic counts in this area are as follows: Nasa Boulevard - 25,420 (high) - 15,010 (low) Evans Road - 16,510 Gateway Drive - 3,550 The Northrup Grumman campus is directly across Nasa Blvd, and is expanding to add 1900 new jobs with an average salary of $100,000 by June of 2017. That will bring their total employee population to 4000 individuals. Harris, Embraer, Health First and Rockwell Collins are four of the largest employers in Brevard County and each is a mile or less from this site in addition to the previously mentioned GE Corporation and Northrup Grumman. NASA Boulevard located north of the site runs west and ties directly into Ellis Road with a signalized intersection at Wickham Road. This is one of the busiest intersections in Brevard County. Ellis Road will be a four-laned thoroughfare in the next few years and have a full new interchange at I-95. The interchange is fully funded. Virtually all Airport traffic would then likely run past subject property en route. Parcel IDs: 27-37-32-00-536 & 27-37-32-00-505 Tax ID#s: 2747958 & 2729402


Investment Highlights

  • This 22.54 Acre, vacant, rectangle-shaped parcel is nestled in the heart of the Melbourne Executive District. Zoned M-1 Light Industrial.
  • Flanked by large engineering and corporate firms, traffic counts in this area are as follows:
  • Nasa Boulevard - 25,420 (high) - 15,010 (low)
  • Evans Road - 16,510
  • Gateway Drive - 3,550
  • The Northrup Grumman campus is directly across Nasa Blvd, and is expanding to add 1900 new jobs with an average salary of $100,000 by June of 2017. That will bring their total employee population to 4000 individuals.
  • Harris, Embraer, Health First and Rockwell Collins are four of the largest employers in Brevard County and each is a mile or less from this site in addition to the previously mentioned GE Corporation and Northrup Grumman.
  • NASA Boulevard located north of the site runs west and ties directly into Ellis Road with a signalized intersection at Wickham Road. This is one of the busiest intersections in Brevard County.
  • Ellis Road will be a four-laned thoroughfare in the next few years and have a full new interchange at I-95. The interchange is fully funded. Virtually all Airport traffic would then likely run past subject property en route.
  • Parcel IDs: 27-37-32-00-536 & 27-37-32-00-505
  • Tax ID#s: 2747958 & 2729402

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Listing Syndicated From

Buildout
For Sale
$21,000,000
Asking Price

Investment Sales Broker

Michael Dreyer, CCIM, ALC
Dreyer & Associates