22+- Acres Commercial S/W Corner I-95 and Eau Gallie Blvd Space Coast Florida

I-95 and Eau Gallie Blvd S/W Melbourne, FL 32934

I-95 and Eau Gallie Blvd S/W, Melbourne, FL, 32934
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FOR SALE
Property Type:
Other Land
Amount:
$10,300,000
Last Verified:
May 23, 2024

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Description

The property is strategically positioned at the southwest corner of Interstate I-95 and Eau Gallie Blvd (Exit 518) on Florida’s Space Coast, within Brevard County. Brevard County, renowned as Florida's Space Coast, offers an enticing blend of residential and professional opportunities. Home to the prestigious Kennedy Space Center, the county serves as a focal point for aerospace innovation and exploration, presenting unique career prospects within the industry. Moreover, Brevard County's allure extends beyond its technological advancements, boasting breathtaking beaches, expansive nature reserves, and abundant outdoor recreational activities, thereby ensuring a high standard of living for its residents.

Adjacent to this property on the South is the renowned and famous Renningers Flee and Farmer's Market. To the North West approximately five miles at exit 188 and Interstate I-95 lies Viera, a significant Development of Regional Impact spanning approximately 20,646 acres. While not a municipality itself, Viera comprises multiple Planned Unit Developments (PUDs) and hosts a thriving community with a population of 37,000 residents, encompassing 15,400 homes, 860 businesses, and 3,900,000 square feet of commercial space. Notably, Viera is home to The Avenue Viera, a prominent 600,000 square foot open-air lifestyle mall featuring a diverse selection of national retailers, local merchants, specialty restaurants, and a 16-screen cinema. Additionally, it houses Brevard County Government Facilities, catering to both commercial and civic needs.

Wickham Road, situated 2.5 miles to the east, serves as a major thoroughfare providing convenient access to shopping centers, dining establishments, and prominent corporate entities. Meanwhile, the pristine beaches of Brevard County are located approximately 5 miles to the east, offering residents scenic retreats and recreational opportunities.

Further enhancing connectivity, Interstate I-92 and I-95 lie approximately 5 miles to the south, facilitating efficient travel to surrounding areas. Moreover, the property enjoys proximity to the Melbourne Orlando International Airport, serving as a central transportation hub for both domestic and international travel.

For those seeking access to the bustling city life, the City of Orlando and the Orlando International Airport are conveniently located approximately an hour away, providing access to a myriad of cultural, entertainment, and business amenities.

Lot Size: 22+- Acres (split by an 80+-ft private access easement) connecting to and South of West Eau Gallie Blvd. Further described below

12.06+- Acres. East of access easement.

9.98+- Acres . West of access easement.

Frontage on private access easement which is also shared by Renningers Flee and Farmers Market.
Note:

This access easement lines up and connects to Jones Road on the North side of West Eau Gallie Blvd. Furthermore, the access easement can be relocated to the Eastern 12.06+- acres without permission of Renningers. However, if it is moved to the Western 9.98+- acres permission from Renningers is necessary.

Utilities:

Water: 36” Water Main in front of the property. City of Melbourne.

Sewer: Sewer is a part of the City of Melbourne’s master Expansion sewer plan that will be finished in 2027. This will allow sewer to be brought to the property and surrounding properties. For detailed information please contact the following individual:

Thomas Baker

Utilities Director

City of Melbourne

2885 Harper Road

Melbourne, FL 32904

321-608-5000

Thomas.Baker@mlbfl.org

Note: The Eastern 12.06+- Acres of the property has a gas main/easement and a Florida Power and Light Easement on the property which will need to be considered for future development of the property

The property is located at the S/W corner of Interstate I-95 and Eau Gallie Blvd (Exit 518) Florida’s Space Coast Brevard County Florida. Discover the prime location of 22+- Acres Commercial S/W Corner I-95 and Eau Gallie Blvd Space Coast Florida, in bustling Melbourne, FL. Situated in the heart of the Space Coast, this area offers proximity to top attractions such as the Melbourne Square Mall and Brevard Zoo, providing recreational opportunities and drawing in a steady flow of visitors. With convenient access to I-95 and Eau Gallie Blvd, the property enjoys exceptional visibility and accessibility. Melbourne's growing economy and vibrant community make this an ideal investment opportunity for forward-thinking investors looking to capitalize on the area's potential for growth and development.

Lot Size: 22.0 acres

Map of I-95 and Eau Gallie Blvd S/W, Melbourne, FL, 32934

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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:

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