Lot/land
  • $1,400,000

    1400 Aurora Rd, Melbourne, FL 32935

    --beds
    --baths
    2.07Acres
    Unimproved Land
    Built in ----
    2.07 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Powerful exposureFlexible configuration and zoningSubstantial frontage
    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.
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