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5000 Eau Gallie Boulevard, Melbourne, FL

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5000 Eau Gallie Boulevard

Melbourne, FL 32934 - Brevard County Submarket

Property Type:Land Parcel Size:30 Acres
For Sale Price:$900,000 Price/Acre:$93,333 Price/SF:$0.69

Proposed Use:Commercial, Retail, Office, Hospitality, Bank, Convenience Store, Medical, Restaurant, Service Station

On-Site Improv:Raw land

Sale Notes:
Area Description
The subject property is 400 feet west of the Eau Gallie Interstate 95 Interchange Exit 183 and two miles west of the Melbourne Dog Track and the Super Wal-Mart at Wickham Road. The Eau Gallie corridor to the East connects to US 1 and continues as the Eau Gallie Causeway to the Beach communities, Hwy A1A and the Ocean. This area is well-established as an office, retail, and industrial corridor with much new commercial, industrial, and residential development.
The future St John’s Heritage Parkway, Washingtonia Extension, is proposed to run just west of Interstate 95 and through this property, with a signalized intersection at Eau Gallie Boulevard. The Planning, Design, and Engineering study has just been funded by the County in conjunction with FDOT.

Property Description
Offering includes 30± acres in the NW Quadrant of Interstate 95 at the Eau Gallie Boulevard Interchange in Melbourne, Brevard County, FL that can be purchased in whole or subdivided in two parcels. The site is separated by Jones Road with 26 acres on the west side of Jones Road and 4 acres on the east side of Jones Road. The 26 acre site has 870 ft. frontage on Eau Gallie Boulevard (SR 518) and 1200 ft. on Jones Road and is available for $1,700,000. The 4 acre site has 400 ft. frontage on the Northbound Interstate Ramp and 500 ft. on Jones Road and is available for $900,000. Eau Gallie Boulevard Traffic - 33,550 ADT East of I95 / Parcel ID 27-36-22-00-00002.0-0000.00 / Tax Acct 2703333 / RE Tax $4,417 / City of Melbourne Water and Sewer available / TU-2 - Transient Tourist Commercial (Brevard County Zoning) / Community Commercial Land Use / Uses Include: Hotel / Motel / Resort Dwellings / Retail Center / Restaurant / Gas/Convenience / Office / Bank / Clinic

$2,800,000 - 30 Acres

$1,700,000 - 26 Acres
$900,000 - 4 Acres

Dreyer & Associates Real Estate Group
Michael E Dreyer
(321) 777-7743

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