Retail,Office & Hotel Zoning | Only Adjacent Site to Orlando-Melbourne International Airport (MLB) | 23±AC Development Opportunity
1150 Gateway Drive
Melbourne, FL 32901
FOR SALE
Property Type:
Commercial Land DevelopmentAmount:
$19,900,000
Last Verified:
Apr 20, 2022Description
Subject Property is comprised of two adjacent rectangular-shaped parcels totaling 23.24±Acres with frontage to Nasa BLVD and exposed to a combined traffic count of 53,200± vehicles per day. The Subject is located in the heart of Melbourne's Executive District and adjacent to the Orlando-Melbourne International Airport. The subject faces Northrop Grumman's regional corporate campus to its north and Health First's 198,654±SF Urgent Care facility to it's east.The parcels are zoned M-1 commercial, which possible uses include but are not limited to office / hotel/ retail/ restaurant/convention center & banking. The subject is also located within an opportunity zone, which can provide investors with significant tax incentives for development. The Property is situated on the southeast corner of Nasa Boulevard (18,200±AADT) to the north, and bordered by Evans Road to the west (29,500±AADT) and Gateway Drive (5,500±) to its' east.Alongside Northrop Grumman, the Property is also located with one-mile of four of the largest employers in Brevard County: Harris Corporation, Embraer, Health First & Rockwell Collins. Also in close proximity to the Subject is the new $300M Aerion Park, which will incorporate a new global HQ and integrated campus for research, design, production and support of the company's supersonic aircraft. The new project represents a multi-year investment that is expected to generate at least 675 jobs in Florida by 2026.Highlights
Additional URLs
- https://milkeninstitute.org/reports/best-performing-cities-2021
- https://amp.floridatoday.com/amp/7793763002
- https://businessviewmagazine.com/melbourne-orlando-international-airport-mlb-engineering-future/
- https://www.crexi.com/properties/213266/florida-gateway-drive-land-for-development?openContactBrokers=open