$1,400,000

1400 Aurora Rd Melbourne, FL 32935

Estimated payment $7,352/month

Total Views 5,035
2.07 Acres
$676,329 Price per Acre
90,169 Sq Ft Lot

Highlights

  • City View
  • 2.07 Acre Lot
  • No HOA

About This Lot

This is one of Melbournes strongest and most visible commercial development opportunities, positioned directly along the high traffic Aurora Road corridor with substantial frontage and powerful exposure in one of the fastest growing and most desirable commercial zones on the entire Space Coast. The property is level, clean, and fully development ready, offering a long and deep configuration ideal for a wide range of commercial uses, including medical offices, professional buildings, retail businesses, flex industrial space, and modern indoor storage facilities. Located at the center of Melbournes major employment axis surrounded by L3Harris, Northrop Grumman, Collins Aerospace, Raytheon, Leonardo DRS, GE Aviation, Embraer, and Thales, this site benefits from more than 23000 aerospace and defense employees and over 65000 people traveling through the area daily, ensuring exceptional long term commercial demand, stability, and significant future growth potential. The surrounding infrastructure further enhances the site's long-range commercial viability, as the roadway network provides streamlined access for customers, employees, service providers, and delivery vehicles approaching from every direction. This accessibility is especially important for medical groups, professional offices, retail users, and service-based operations that rely on predictable access patterns and reliable travel times for client satisfaction and operational efficiency. The presence of multiple signalized intersections along Aurora Road and Wickham Road improves ingress and egress opportunities, reducing delays and simplifying traffic circulation for both tenants and visitors. The broader Melbourne market continues to benefit from ongoing improvements in regional corridors, including resurfacing projects, lane widening, signal upgrades, sidewalk additions, and trail connectivity enhancements, all of which collectively support the long-term stability of commercial assets within this expanding trade area. As population and employment density increase, these roadway improvements tend to accelerate commercial absorption, strengthen tenant retention, and improve long-term property valuations across comparable corridors. The rise of mixed-use development throughout Melbourne and the continued expansion of the aerospace sector have helped create a diversified foundation of economic demand that supports everything from small independent businesses to large established corporations, making this corridor one of the most resilient environments for new construction and redevelopment. The site also benefits from its proximity to major lifestyle amenities, educational institutions, and recreational destinations, all of which contribute to steady daytime and evening traffic volume. Nearby public schools, private academies, parks, athletic complexes, and community centers generate consistent weekly movement throughout the area, while shopping centers, grocery stores, fitness studios, restaurants, and service establishments create ongoing consumer demand throughout business hours. This combination of daytime employment traffic and evening residential traffic ensures that commercial tenants experience strong visibility and steady brand exposure, both of which are critical for long-term commercial success. For developers exploring multi-tenant commercial concepts, the corridor's blended demographic profile offers the advantage of appealing to multiple user groups simultaneously, including professionals, families, service workers, students, retirees, and transient workforce populations linked to aerospace and airport operations. From a design standpoint, the site's extended depth allows for creative planning approaches that maximize usable area while still preserving buffer requirements, parking configuration options, and traffic flow strategies. Architectural flexibility is particularly beneficial for projects requiring specialized layouts, such as medical clinics, urgent care centers, imaging facilities, professional office suites, or contractor-oriented flex buildings that need a mix of office, storage, and workshop components. For indoor storage developers, the parcel's length supports efficient building alignment, interior drive aisles, and secure gated access systems while maintaining a clean, uniform appearance along the primary frontage. High-quality storage facilities benefit significantly from front-facing architectural enhancements, and the substantial road exposure provided by this property gives operators the ability to establish a highly professional presence with modern design elements, exterior lighting packages, and prominent signage positioned directly toward Aurora Road traffic. The predictable growth trajectory of the Melbourne area further strengthens the long-term investment appeal of the property. The aerospace and engineering sectors continue to expand through capital investments, facility expansions, military contracts, and workforce development programs that draw skilled employees to the region. These employees require local services, housing, storage, professional support, and daily convenience-based commerce, which collectively drive commercial absorption and maintain stable rent structures throughout the area. The residential market has also experienced sustained appreciation, fueled by continued in-migration, job creation, and the appeal of the Space Coast lifestyle. This rising residential base creates a multiplier effect for commercial corridors, as each new household brings additional demand for medical care, shopping, dining, home services, and professional support, directly benefiting commercially zoned properties positioned along accessible corridors like Aurora Road. The strong performance of the regional retail and service economy also reinforces the corridor's long-term commercial strength. Businesses in the surrounding area demonstrate consistent occupancy, stable revenue patterns, and sustained customer engagement, providing evidence of a healthy commercial ecosystem that supports both small local operators and national tenants alike. As redevelopment activity increases along nearby arterial roads, demand for infill commercial sites is expected to rise, particularly for properties with strong frontage, predictable traffic flow, and flexible zoning that accommodates a wide range of uses. This site checks all three boxes, making it an exceptional candidate for both short-term development and long-term portfolio growth. Its location within the established urban fabric of Melbourne reduces the development challenges often associated with fringe expansions, giving builders and investors a streamlined pathway from planning to permitting to occupancy. Given the abundance of economic drivers surrounding the area, the property also holds unique potential for specialized commercial uses that benefit from close proximity to aerospace and engineering facilities. Firms supporting research, prototyping, testing, logistics, supply chain coordination, and technical training may find the site advantageous due to its central location and easily accessible roadway network. These types of commercial users gravitate toward locations that provide high visibility, reasonable development costs, and access to an educated workforce, all of which this property readily offers. Developers wishing to target these industries will find that the parcel's flexible configuration and zoning can accommodate a range of build-outs tailored to technical, professional, or light commercial operations that rely on streamlined logistics and reliable access. For investors building long-term portfolios, the property's stability is reinforced by Melbourne's diversified economy, which reduces exposure to single-sector volatility and enhances the predictability of commercial revenues. The combination of aerospace, manufacturing, medical, educational, retail, tourism, and corporate activity creates a balanced commercial environment with numerous demand sources. This diversification ensures that commercial properties positioned in strategic, high-visibility corridors maintain their relevance and value over time. As Melbourne continues to attract regional and national attention for its economic resilience, quality of life, and consistent growth, commercial corridors like Aurora Road are expected to remain at the forefront of investor interest due to their accessibility, traffic flow, population density, and established demand base. In terms of investor exit strategies, the property's market positioning supports multiple paths to value realization, including build-to-suit, multi-tenant lease-up, owner occupancy, phased construction, or long-term passive ownership supported by stable commercial tenants. The corridor's consistent commercial activity makes it an ideal candidate for projects designed to generate recurring revenue through leases, while its visibility and accessibility appeal to owner-occupants seeking a headquarters or flagship location. Whether built for immediate stabilization or long-term appreciation, the site delivers the flexibility and fundamentals necessary to support a wide range of investment strategies. As the Space Coast continues its upward trajectory, opportunities of this scale, location, and flexibility have become increasingly rare. Properties that combine high exposure, substantial frontage, strong traffic counts, dense surrounding populations, deep workforce presence, and predictable infrastructure support typically experience above-average market performance and long-term value preservation. The property's immediate connectivity to established commercial corridors, its proximity to major employers, and its strong demographic foundation make it an excellent candidate for developers and investors seeking to capitalize on the sustained growth and economic momentum shaping Melbourne's commercial landscape today.

Listing Agent

Keith Brodsky

Lokation Real Estate License #3316420 Listed on: 12/03/2025

Lokation Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $812

Lot Details

  • 2.07 Acre Lot
  • Lot Dimensions are 553x168
  • Cleared Lot
  • Site Plan Filed
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as Commercial

Home Design

  • Proposed Property
  • Asphalt

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Additional Features

  • City Views
  • Drainage Canal
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eau Gallie Golf Manors Replat Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-17-02-00000.0-0001.00
  • Seller Concessions Offered

Property Details

Property Type

Land

Est. Annual Taxes

$812

Lot Details

2.07 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Drainage Canal, Split Possible
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Reso View: City
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eau Gallie Golf Manors Replat of
  • Location Tax and Legal Parcel Number2: 27-37-17-02-00000.0-0001.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 811.73
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Lot Size Acres: 2.07
  • General Property Information Lot Size Square Feet2: 90169.0
  • General Property Information Waterfront YN: No
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 553x168
  • Utilities Electricity Available: Yes
  • Lot Features Drainage Canal: Yes
  • Location Tax and Legal Zoning Description2: Commercial
  • General Property Information CDD Fee YN: No
  • Development Status Raw Land: Yes
  • Development Status Proposed: Yes
  • Development Status Site Plan Filed: Yes
  • Marketing Remarks:Marketing Remarks: his is one of Melbournes strongest and most visible commercial development opportunities, positioned directly along the high traffic Aurora Road corridor with substantial frontage and powerful exposure in one of the fastest growing and most desirable commercial zones on the entire Space Coast. The property is level, clean, and fully development ready, offering a long and deep configuration ideal for a wide range of commercial uses, including medical offices, professional buildings, retail businesses, flex industrial space, and modern indoor storage facilities. Located at the center of Melbournes major employment axis surrounded by L3Harris, Northrop Grumman, Collins Aerospace, Raytheon, Leonardo DRS, GE Aviation, Embraer, and Thales, this site benefits from more than 23000 aerospace and defense employees and over 65000 people traveling through the area daily, ensuring exceptional long term commercial demand, stability, and significant future growth potential.
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.07
  • Waterfront: No
  • View:City3: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Split Possible: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Agricultural, Commercial, Hotel/Motel, Investment, Medical/Dental, Mixed Use, Multi-Family, Office, Recreational, Residential, Retail, Single Family, Unimproved, Other, Mini Storage
  • Lot Dimensions: 553x168
  • Lot Size Sq Ft: 90169.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-17-02-00000.0-0001.00
  • Zoning Description: Commercial

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 811.73

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $719 $45,140 -- --
2024 $728 $40,630 -- --
2023 $728 $40,630 -- --
2022 $714 $40,630 $0 $0
2021 $2,296 $126,400 $126,400 $0
2020 $2,474 $126,400 $126,400 $0
2019 $2,405 $126,400 $126,400 $0
2018 $3,271 $174,650 $174,650 $0
2017 $3,041 $62,376 $0 $0
2016 $3,021 $155,940 $155,940 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Sale $1,400,000 +1766.7% --
04/29/2013 04/29/13 Sold $75,000 -67.4% -- View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
10/29/2010 10/29/10 For Sale $230,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $50,000 Attorney
Warranty Deed $50,000 None Listed On Document
Warranty Deed -- Attorney
Quit Claim Deed $100 None Listed On Document
Warranty Deed $250,000 Providence Title Company
Warranty Deed $37,500 Attorney
Warranty Deed -- Attorney
Warranty Deed $93,600 --
Warranty Deed $23,400 --
Warranty Deed $117,000 --
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1063449

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-17-02-00000.0-0001.00

Your Personal Tour Guide

Ask me questions while you tour the home.