About This Property
Description from listing agentCalling all developers for this sought after Commercial Corner encompassing approximately 35.62 acres of partially developed land. This is a perfect opportunity for repurposing located at the signalized intersection of Ellis Road and John Rodes Boulevard in Melbourne, FL just off the new I-95 exit at Ellis road that leads to the Melbourne International Airport. This commercial assemblage consists of two parcels totaling 35.62+ acres, with existing utilities, & multiple existing improvements, The 5 +/- acre parcel contains 4 - 10,000 sq ft buildings. The 30 +/- piece features a 12,053 SF office building and a 6,750 SF warehouse/distribution building with up to 20' clear height. Excellent access and visibility near major corridors make this site ideal for corporate campus, industrial expansion, mixed-use redevelopment, or phased development in a premier Brevard County location.
Space Coast Context
🚀 Launch Viewing — Good Views
32.8 mi from SLC-40
32.8 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.
Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Financial & Listing Details
Similar Homes Nearby
Estimated Monthly Payment
- Principal & interest
- $73,763
- Property taxes
- $14,000
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $14.0M price — down payment shown: $2,800,000.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
