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23±AC Development Site NASA Blvd & Gateway

1150 Gateway Drive, Melbourne, Florida 32901
$21,000,000
23±AC Development Site NASA Blvd & Gateway

Property Details

Property Type
Land
Building Type
Freestanding
Land Size
23.24 acres
Zoning
M-1 Commercial

Property Description

This 23.24-acre, vacant, rectangle-shaped parcel is nestled in the heart of the Melbourne Executive District. Zoned M-1
Commercial, possible uses include (but are not limited to): Office/Hotel/Motel/Restaurant/Retail/Convention Center/Bank possible
multi-family (Kindly see the link for City of Melbourne Ordinance -
https://drive.google.com/file/d/1f2npfRRPMDSz2cehkIts3B216FO-lA62/view)
Flanked by large engineering and corporate firms, traffic counts in this area are as follows:
Nasa Boulevard - 25,420 (high) - 15,010 (low)
Evans Road - 16,510
Gateway Drive - 3,550
The Northrup Grumman campus is directly across Nasa Blvd and is expanding to add 1900 new jobs which will bring their total
employee population to 4000 individuals. Harris, Embraer, Health First, and Rockwell Collins are four of the largest employers in
Brevard County and each is a mile or less from this site in addition to the previously mentioned GE Corporation and Northrup
Grumman. NASA Boulevard located north of the site runs west and ties directly into Ellis Road with a signalized intersection at
Wickham Road. This is one of the busiest intersections in Brevard County. Ellis Road will be a four-lane thoroughfare in the next
few years and have a full new interchange at I-95. The interchange is fully funded. Virtually all Airport traffic would then likely run
pasts the subject property en route.
Parcel IDs: 27-37-32-00-536 & 27-37-32-00-505
Tax ID#s Acreage: 2729402 - 12.00 Acres ; 2747958 - 10.54 Acres
The property is located within Melbourne Orlando International Airport Height Restriction Zone but is not within the airports flight
pattern. However, concerning any future development of the property it will be necessary to work with the Federal Aviation
Administration and complete a “Part 77 Flight Study”. Please contact Marisol Elliott:
Marisol. Elliott
Community Planner
Federal Aviation Administration
407-407-451-9054 Work
[email protected]
Video link to view the property: https://shorturl.at/Vp63f
NASA AND GATEWAY SURVEY: https://shorturl.at/DaIh

Location

Contact

Michael E. Dreyer, CCIM, ALC
Michael E. Dreyer, CCIM, ALC
Dreyer & Associates Real Estate Group
Office: (321) 773-1480
[email protected]