Land at 4235 NORFOLK PKWY, MELBOURNE
Land at 4235 NORFOLK PKWY, MELBOURNE, photo 2 of 2
2 photos

$2,500,000

4235 NORFOLK PKWY
MELBOURNE, FL 32904
Listed by Valerie Anderson
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS
Stellar MLS
MLS #
MFRO6340135
Property type
Land
Subdivision
N/A
Status
Active
Days on market
42
On market date
August 29, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.52 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
IMAGINE SCHOOLS AT WEST MELBOURNE
0.78 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
535
Student:teacher ratio
15.7:1
District
BREVARD
Middle
CENTRAL MIDDLE SCHOOL
1.47 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,175
Student:teacher ratio
18.7:1
District
BREVARD
High
PALM BAY MAGNET SENIOR HIGH SCHOOL
2.84 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,288
Student:teacher ratio
18.7:1
District
BREVARD

Walkability

Blended score for MELBOURNE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

80
Highly walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks3
Schools7
Transit stops13
Pharmacies7

Market position

How this listing compares to current activity in MELBOURNE, from live MLS data.

On the market 42 days -- 40 fewer days than MELBOURNE's current average of 82 days.
For reference, the median list price across 109 active listings in MELBOURNE right now is $320,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated October 10, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.