Development Opportunity on Wickham Rd
17.65 Acres of Commercial Land Offered at $5,000,000 USD in Melbourne, FL 32935
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,000,000
- Property Type
-
Land
Listing Contacts
Daniel Evans
Verified Profile
- Property Info
Property Overview
The survey below shows the road right of way and two parcels. The northern parcel is larger. The road position can stay or be changed so long as it continues to service the residential area to the west of the parcel.
Please note that the zoning is currently BU-1 (Business Use) in Brevard County. We are adjacent to the City of Melbourne and it makes sense to annex to the city to obtain utilities. It should be investigated whether it is best to permit with the BU-1 zoning regulations and annex later. More than likely, this property will be considered an enclave and we should proceed with the minor comprehensive plan amendment and zoning. This is a lengthy process and probably a prerequisite to a sale to a developer. Fire protection and police services provided by the City of Melbourne have an effect of lowering insurance costs for the end user product.
The parcel depth is 660’ which lines up with the other commercial land uses north and south of the parcel.
Please note that the zoning is currently BU-1 (Business Use) in Brevard County. We are adjacent to the City of Melbourne and it makes sense to annex to the city to obtain utilities. It should be investigated whether it is best to permit with the BU-1 zoning regulations and annex later. More than likely, this property will be considered an enclave and we should proceed with the minor comprehensive plan amendment and zoning. This is a lengthy process and probably a prerequisite to a sale to a developer. Fire protection and police services provided by the City of Melbourne have an effect of lowering insurance costs for the end user product.
The parcel depth is 660’ which lines up with the other commercial land uses north and south of the parcel.
Property Details
- Property Subtype
- Commercial
Highlights
- High Traffic Count on Wickham Rd
- Signalized Intersection of Preserve Dr.
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