Development Opportunity

SW Corner Minton Road and Flanagan Ave West Melbourne, FL 32904

SW Corner Minton Road and Flanagan Ave, West Melbourne, FL, 32904
SW Corner Minton Road and Flanagan Ave, West Melbourne, FL, 32904 SW Corner Minton Road and Flanagan Ave, West Melbourne, FL, 32904
FOR SALE
Property Type:
Other Land
Amount:
$3,600,000
Last Verified:
May 25, 2021


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

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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.