Prime Industrial Development Property

PROPERTY DESCRIPTION

Lot Size: 18.76+- (Brevard County Tax Collectors Office). 631+- on John Rodes Blvd, 1,287+- North Boundary, 624+- East Boundary, 1,288+- South Boundary.

Zoning: M-1 Light Industrial City of West Melbourne. The M-1 light industrial and warehousing district is intended to apply to an area located in close proximity to transportation facilities and which can serve manufacturing, warehousing, distribution, wholesaling and other industrial functions of the city and the region. Restrictions in this division are intended to minimize adverse influences of the industrial activities on nearby nonindustrial areas.

Utilities: Water-8” Water Main at the S/E corner of John Rodes and Ellis Road. Sewer: Gravity Sewer on John Rodes Blvd at the corner of Fortune Place Industrial Park adjacent on the South Boundary of the property.

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Property Overview

18.76+- Gross Acres at 825 South John Rodes Blvd West Melbourne Florida 500+- FT South of the corner of John Rodes Blvd and Ellis Road. Property on the East Side of the road

The Subject property is zoned M-1 light Industrial in the City of West Melbourne

The property has great highway exposure with 631+FT of frontage on John Rodes Blvd which is a two lane asphalt paved road

The site contains approximately 7.2 acres of wetlands, which can be permitted for development at an estimated mitigation cost of
$150,000 per acre of wetland impact.

There appear to be no adverse easement or encroachments on the the property.

There is currently a Lamar Bill Board-Lease on the property payable at $3,000 annually. The lease renews annually on July 1 to June 30th and was just renewed. The renewal period concludes 6-30-2024. Termination notice is 60 days prior to to the conclusion of the term.