1150 Gateway Drive

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1150 Gateway Dr, Melbourne, FL 32901, USA
Florida & Gulf Coast + Land/Development
Created date: November 15, 2024
Date last updated: October 9, 2026
Price: $21,000,000Investment Analyzer NEW!
  • This 22.54-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]
  • M1 Zoning Link: https://shorturl.at/bGcu4
  • Video link to view the property: https://shorturl.at/Vp63f
  • NASA AND GATEWAY SURVEY: https://shorturl.at/DaIh1

Property Description

This 22.54-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] M1 Zoning Link: https://shorturl.at/bGcu4 Video link to view the property: https://shorturl.at/Vp63f NASA AND GATEWAY SURVEY: https://shorturl.at/DaIh1

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $21,000,000
Lot Size: 22.54 Acres
Opportunity Zone: No
Property Website Click Here
Address: 1150 Gateway Drive , Melbourne, FL 32935, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

3700 Hull Road, Lot C

Gainesville, Florida
Florida & Gulf Coast + Land/Development
Price: $695,000

23855 SW 30th Ave

Newberry, Florida
Florida & Gulf Coast + Land/Development
Price: $3,020,620

3700 Hull Road, Lot C

Gainesville, Florida
Florida & Gulf Coast + Land/Development
Price: $695,000

Brokers

View All

Lenders

View All