18.76+- Gross Acres at 825 South John Rodes Blvd West Melbourne Florida 500+- FT South of the corner of John Rodes Blvd and Ellis Road. Property on the East Side of the road. The Subject property is zoned M-1 light Industrial in the City of West Melbourne. The property has great highway exposure with 631+FT of frontage on John Rodes Blvd which is a two lane asphalt paved road . The site contains approximately 7.2 acres of wetlands, which can be permitted for development at an estimated mitigation cost of
$150,000 per acre of wetland impact.. There appear to be no adverse easement or encroachments on the the property.
There is currently a Lamar Bill Board-Lease on the property payable at $3,000 annually. The lease renews annually on July 1 to June 30th and was just renewed. The renewal period concludes 6-30-2024. Termination notice is 60 days prior to to the conclusion of the term.