Development Opportunity
SW Corner Minton Road and Flanagan Ave
West Melbourne, FL 32904
https://thebrokerlist.com/have/development-opportunity-100371
FOR SALE
Property Type:
Other Land
Last Verified:
Jun 16, 2020
Description
Prime West Melbourne Land
Located on Minton Rd, the main through-fare
Close to city parks, schools and multiple residential developments
West Melbourne city has earmarked this property for a potential "Town Center"
Property is in C 1 - Low Density Commercial
West Melbourne Zoning District
Lot Size: 24.25 acres
Map of SW Corner Minton Road and Flanagan Ave, West Melbourne, FL, 32904
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
