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Investment Highlights

  • Single-tenant retail building totaling 6,447 SF on a 1.36-acre parcel.
  • Located less than 10 minutes from Orlando Melbourne International Airport, ensuring convenient regional access.
  • Surrounded by established businesses and national retailers that drive consistent area traffic.
  • Positioned within a designated Opportunity Zone, offering potential tax benefits for eligible investors.
  • Includes signage opportunities to maximize visibility along an accessible suburban corridor.

Executive Summary

This single-tenant retail property offers 6,447 square feet of building area on 1.36 acres and is currently configured for restaurant use. Located in Melbourne, Florida, the asset is priced at $3,500,000 and sits within an Opportunity Zone, presenting potential tax advantages for qualified investors. Built in 1998, the building is of Class C construction and includes prominent signage opportunities for high visibility.
The property benefits from its strategic positioning along Evans Road, providing convenient access to the surrounding suburban market and direct connectivity to major arterials serving the Melbourne area. With proximity to Orlando Melbourne International Airport, less than 10 minutes away, the site is well-suited for attracting a steady customer base from both local residents and travelers. Nearby national retailers and established businesses enhance the location’s commercial appeal, creating a supportive environment for continued restaurant operation or repurposing to an alternative retail use.
The lot’s generous size and zoning (CP – Commercial Parkway) provide flexibility for operational needs and potential site enhancements. This offering combines stable real estate fundamentals with added upside through Opportunity Zone incentives, catering to investors seeking both ongoing operational potential and long-term appreciation.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,447 SF
Building Class
C
Year Built
1998
Price
$3,500,000
Price Per SF
$542.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.36 AC
Opportunity Zone
Yes
Zoning
CP - Commercial Parkway

Amenities

  • Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Chase Bank
Cheddar's Scratch Kitchen
Olive Garden
First Watch
Outback Steakhouse
BJ's Restaurant & Brewhouse
Asian Chao
Red Lobster
Steak ‘n Shake
Esporta Fitness

Property Taxes

Property Taxes

Parcel Number
28-37-06-00-00025.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,218,260
  • Listing ID: 39678555

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 1751 Evans Rd, Melbourne, FL 32904

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