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4235 NORFOLK PARKWAY

Lots/Land For Sale
$2,500,000

BTC: 38.16793893

ETH: 1,388.88888889

-$500K (2025/10/10)
276 days
0 room(s)

Overview

Positioned within the highly successful Hammock Landing shopping center, this ±2.52-acre commercial parcel represents one of the final remaining development opportunities along the rapidly expanding Norfolk Parkway corridor. Strategically located at the gateway to West Melbourne’s premier retail and mixed-use destination, the property offers unmatched visibility and accessibility, just off Interstate 95 and surrounded by nationally recognized anchors including Target, Kohl’s, AMC Theatres, Ulta, Panera, and Academy Sports. The site was previously planned for a SpringHill Suites by Marriott, underscoring its suitability for hospitality, medical, or retail development. All major utilities are available at the lot line, and a completed Phase I Environmental Site Assessment and ALTA/NSPS Land Title Survey confirm a clean, developable condition. With commercial zoning and flexible entitlements within the City of West Melbourne, the parcel provides an ideal canvas for developers seeking immediate entry into one of Brevard County’s fastest-growing trade areas. Situated within minutes of Melbourne Orlando International Airport, Downtown Melbourne, and the Space Coast’s leading employers including L3Harris, Northrop Grumman, SpaceX, and Blue Origin, the site benefits from a robust daytime population, strong tourism flow, and consistent year-round traffic generated by surrounding retail and residential communities. Offered at $2.5 million, the property is competitively positioned. With superior access, entitlements, and infrastructure, 4325 Norfolk Parkway stands as a shovel-ready opportunity for national or regional developers seeking a flagship presence within Florida’s booming Space Coast corridor.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
2.52 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$180,000
$90K – $1.7M
Confidence Low
List vs. estimate
$2.3M above estimate
List $2,500,000 · +1288.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,580
2024
All facts and features
  • Lot

    • Lot: 2.52 Acres

    Other Property Information

    • Parcel Number: 28 371902*1

    • Zoning: BU-1.

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $15,581

  • Source details

    • MLS ID: O6340135

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 300?×?250 feet

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More like this

-$500K
For Sale
$2,500,000
Commercial
0 room(s)
HAMMOCK LANDING PHASE TWO, West Melbourne
4235 Norfolk Pkwy., West Melbourne FL 32904

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RUTH JAMES FL