1150 Gateway Dr - Gateway Drive Land for Development 23.24 Acres of Commercial Land Offered at $29,083,110 CAD in Melbourne, FL 32901

This 23.24-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. 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.